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of <h1>RBI Sets US Dollar Reference Rate at Rs. 64.4208 on July 26, 2017; Other Currency Rates Also Announced.</h1> The Reserve Bank of India announced the reference rate for the US Dollar at Rs. 64.4208 on July 26, 2017, compared to Rs. 64.3580 on July 25, 2017. The exchange rates for other currencies against the Rupee were also provided: 1 Euro was Rs. 74.9214, 1 British Pound was Rs. 83.8308, and 100 Japanese Yen was Rs. 57.56 on July 26, 2017. These rates are determined based on the reference rate for the US Dollar and the middle rates of cross-currency quotes. The SDR-Rupee rate will be calculated using this reference rate.
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