Foreign Currency

2007

2008

Annual Appreciation (+) /
Depreciation (-) (per cent)

Dec. 31

Jan. 1

Jan. 2

Jan. 3

Jan. 4

Dec. 31

Jan. 1

Jan. 2

Jan. 3

Jan. 4

1

2

3

4

5

6

7

8

9

10

11

RBI's Reference Rate (Rs. per Foreign Currency)

U.S. Dollar

39.4100

39.4200

39.4300

39.4500

39.3200

—

—

12.10

12.37

12.97

Euro

58.1200

57.5100

57.7600

58.0400

57.9100

—

—

1.33

1.45

0.95

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{

Buying

39.4100

39.4150

39.4200

39.4400

39.3100

—

—

12.10

12.40

12.97

Dollar

Selling

39.4200

39.4250

39.4300

39.4500

39.3200

—

—

12.10

12.40

12.97

Pound

{

Buying

78.7525

78.2425

78.3125

78.1550

77.5075

—

—

10.91

11.94

11.74

Sterling

Selling

78.7850

78.2825

78.3475

78.1900

77.5400

—

—

10.91

11.94

11.74

Euro

{

Buying

58.1150

57.5025

57.7575

58.0400

57.8725

—

—

1.28

1.42

0.98

Selling

58.1375

57.5300

57.7775

58.0675

57.8975

—

—

1.29

1.41

1.01

100 Yen

{

Buying

35.2000

35.2800

35.3725

35.9825

35.9025

—

—

5.24

3.68

3.57

Selling

35.2275

35.3075

35.3875

36.0075

35.9250

—

—

5.27

3.67

3.56

Inter-Bank Forward Premia of U.S. Dollar (per cent per annum)

1-month

2.28

2.28

2.28

2.28

2.29

3-month

1.57

1.57

1.52

1.67

1.93

6-month

1.60

1.57

1.52

1.57

1.83

— : Market closed on the corresponding day of the previous year.
Notes:
1. The unified exchange rate system came into force on March 1, 1993.
2. Euro Reference rate was announced by RBI with effect from January 1, 2002.