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<h1>RBI Updates: US Dollar Reference Rate Drops to Rs. 63.4833; Euro and Pound Rates Also Announced.</h1> The Reserve Bank of India set the reference rate for the US Dollar at Rs. 63.4833 on January 3, 2018, down from Rs. 63.6728 on January 2, 2018. The exchange rates for other currencies against the Rupee were also provided: the Euro was Rs. 76.5418, the British Pound was Rs. 86.4071, and 100 Japanese Yen was Rs. 56.55 on January 3, 2018. These rates are based on the US Dollar reference rate and cross-currency quotes, with the SDR-Rupee rate also being determined from this reference.