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of <h1>RBI Updates Reference Rates: US Dollar Rises, Euro and Pound Drop Against Rupee on February 16, 2016.</h1> The Reserve Bank of India set the reference rate for the US Dollar at Rs. 68.3360 on February 16, 2016, up from Rs. 68.1348 on February 15, 2016. The exchange rates for other currencies against the Rupee were also adjusted: 1 Euro was Rs. 76.2425, down from Rs. 76.5086; 1 British Pound was Rs. 98.4312, down from Rs. 99.0067; and 100 Japanese Yen was Rs. 59.68, slightly down from Rs. 59.84. The Special Drawing Rights (SDR) to Rupee rate will be derived from this reference rate.
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