I wanted to update custom blog option created thru Settings Api using the function update_blog_option. I created this code.
$country_base = get_blog_option($blog_id, 'mytheme_options');//retrieve all options
$country_base['country_base'] = $the_country;
$currency_unit = get_blog_option($blog_id, 'mytheme_options');//retrieve all options
$currency_unit['currency_unit'] = $d_currency;
update_blog_option($blog_id, 'mytheme_options', $country_base);
update_blog_option($blog_id, 'mytheme_options', $currency_unit);
However, its not working.. Is there way to update custom blog option?