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of <h1>RBI Updates US Dollar Reference Rate to Rs. 64.1188; Euro, Pound, Yen Rates Announced for May 15, 2017.</h1> The Reserve Bank of India set the reference rate for the US Dollar at Rs. 64.1188 on May 15, 2017, down from Rs. 64.3043 on May 12, 2017. The exchange rates for other currencies against the Rupee were also announced: the Euro was at Rs. 70.1332, the British Pound at Rs. 82.8351, and 100 Japanese Yen at Rs. 56.48 on May 15, 2017. These rates are based on the US Dollar reference rate and the middle rates of cross-currency quotes. The SDR-Rupee rate will also be determined using this reference rate.
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