RBI Bulletin

(Rupees per Unit of Foreign Currency)

Date

RBI’s Reference Rate Rs. Per Foreign Currency

FEDAI Indicative Rates

US Dollar

Pound Sterling

Euro

One Hundred

US Dollar

Euro

Japanese Yen

Buying

Selling

Buying

Selling

Buying

Selling

Buying

Selling

1

2

3

4

5

6

7

8

9

10

11

May

1,

2003 +

May

2,

2003

47.3600

53.1800

47.3500

47.3600

76.1525

76.1925

53.1400

53.2000

39.8675

39.9025

May

5,

2003

47.3500

53.0800

47.3400

47.3500

75.8625

75.8875

53.0925

53.1175

39.7825

39.8075

May

6,

2003

47.3100

53.4100

47.3050

47.3150

75.9775

76.0125

53.3750

53.4100

39.8650

39.8900

May

7,

2003

47.2700

53.9200

47.2650

47.2750

76.2325

76.2825

53.9050

53.9350

40.1425

40.1850

May

8,

2003

47.2600

53.5300

47.2500

47.2600

75.5300

75.5675

53.5475

53.5700

40.5400

40.5600

May

9,

2003

47.1900

54.2200

47.1850

47.1950

75.6275

75.6675

54.1725

54.1975

40.1950

40.2250

May

12,

2003

47.1600

54.5300

47.1550

47.1650

75.8825

75.9225

54.5250

54.5500

40.3475

40.3750

May

13,

2003

47.1700

54.2700

47.1650

47.1750

75.8175

75.8625

54.1700

54.2000

40.3625

40.3900

May

14,

2003

47.1400

54.1600

47.1350

47.1450

75.8075

75.8425

54.1450

54.1800

40.3900

40.4150

May

15

2003 +

May

16,

2003 +

May

19,

2003

47.0600

55.0600

47.0550

47.0650

76.7150

76.7575

55.1025

55.1325

40.8700

40.8975

May

20,

2003

46.9400

54.7700

46.9350

46.9450

76.6125

76.6575

54.7175

54.7425

40.0575

40.0750

May

21,

2003

46.7600

54.8000

46.7800

46.7900

76.7900

76.8150

54.8600

54.8900

40.1075

40.1325

May

22,

2003

46.9100

54.5800

46.8900

46.9000

76.5200

76.5650

54.4900

54.5225

39.8225

39.8375

May

23,

2003

46.9400

54.8100

46.9300

46.9400

76.5675

76.6100

54.8000

54.8250

40.0025

40.0275

May

26,

2003

46.9000

55.4100

46.8950

46.9050

76.8550

76.8950

55.3875

55.4125

40.1200

40.1475

May

27,

2003

46.8400

55.4700

46.8350

46.8450

76.7900

76.8125

55.4850

55.5200

40.0275

40.0450

May

28,

2003

46.9600

55.5600

46.9400

46.9600

77.1275

77.1825

55.5250

55.5950

40.0825

40.1100

May

29,

2003

47.0300

55.2200

47.0200

47.0300

76.8975

76.9400

55.2200

55.2500

39.5450

39.5700

May

30,

2003

47.0300

55.8300

47.0200

47.0300

77.6625

77.7275

55.8075

55.8475

39.7125

39.7550

+ : Market closed.
Source : FEDAI for FEDAI rates.
FEDAI : Foreign Exchange Dealers’ Association of India.
Note : Euro Reference rate was announced by RBI with effect from January 1, 2002.