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of <h1>RBI Updates Currency Reference Rates: USD at Rs. 63.5263, Euro at Rs. 76.5301, GBP at Rs. 86.0527, JPY at Rs. 57.09.</h1> The Reserve Bank of India set the reference rate for the US Dollar at Rs. 63.5263 on January 12, 2018, down from Rs. 63.7364 the previous day. The exchange rates for the Euro, British Pound, and Japanese Yen against the Indian Rupee were also updated. On January 12, 2018, the rates were 1 EUR at Rs. 76.5301, 1 GBP at Rs. 86.0527, and 100 JPY at Rs. 57.09. These rates are determined based on the US Dollar reference rate and cross-currency quotes. The Special Drawing Rights (SDR) to Rupee rate is also derived from this reference rate.
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