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of <h1>RBI Updates Reference Rate: US Dollar at Rs. 64.2154, Euro at Rs. 70.4957, Pound at Rs. 83.2553 on May 8, 2017.</h1> The Reserve Bank of India set the reference rate for the US Dollar at Rs. 64.2154 on May 8, 2017, down from Rs. 64.3079 on May 5, 2017. The exchange rates for other currencies against the Rupee on May 8, 2017, were: 1 Euro at Rs. 70.4957, 1 British Pound at Rs. 83.2553, and 100 Japanese Yen at Rs. 56.99. These rates are determined based on the US Dollar reference rate and cross-currency quotes. The Special Drawing Rights (SDR) to Rupee rate will also align with this reference rate.
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