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of <h1>RBI Adjusts Reference Rate: US Dollar Now Rs. 66.3435, Euro and Yen Rise, Pound Falls Against Rupee.</h1> The Reserve Bank of India set the reference rate for the US Dollar at Rs. 66.3435 on May 2, 2016, down from Rs. 66.5176 on April 29, 2016. This adjustment affected the exchange rates for other currencies against the Rupee: the Euro increased from Rs. 75.7303 to Rs. 76.0562, the British Pound decreased from Rs. 97.4017 to Rs. 97.0207, and 100 Japanese Yen rose from Rs. 61.96 to Rs. 62.31. The Special Drawing Rights (SDR) to Rupee rate will be determined based on this reference rate.
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