Foreign
Currency

1998

1999

1998

1999

Feb. 20

Feb. 15

Feb. 16

Feb. 17

Feb. 18

Feb. 19

Feb. 20

Feb. 15

Feb. 16

Feb. 17

Feb. 18

Feb. 19

1

2

3

4

5

6

7

8

9

10

11

12

13

14

RBI's Reference Rate (Rs. per U.S. Dollar)

Foreign Currency per Rs. 100 @

38.9100

42.4200

42.4900

42.4900

42.4500

42.4400

(Based on Middle Rates)

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{ Buying

38.9000

42.4150

42.4850

42.4850

42.4450

42.4300

2.5700

2.3574

2.3535

2.3535

2.3557

2.3563

Dollar

Selling

38.9200

42.4250

42.4950

42.4950

42.4550

42.4400

Pound

{ Buying

63.6800

69.1875

69.1275

69.5475

69.5000

69.3650

1.5695

1.4440

1.4469

1.4372

1.4390

1.4403

Sterling

Selling

63.7900

69.2400

69.1650

69.6075

69.5375

69.4025

Euro

{ Buying

50.4400 $

47.8450

47.5875

47.7100

47.8150

47.4875

1.9798 $

2.0894

2.0998

2.0953

2.0909

2.1039

Selling

50.5800 $

47.8900

47.6200

47.7400

47.8475

47.5150

100 Yen

{ Buying

30.7075

37.1075

36.3575

35.9800

35.7875

35.3575

325.51

269.37

274.89

277.83

279.27

282.63

Selling

30.7350

37.1500

36.3975

36.0025

35.8275

35.3950

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

1-month

12.95

5.37

5.65

5.37

5.37

5.94

3-month

16.65

6.60

6.87

6.59

6.60

7.07

6-month

15.52

7.02

7.15

7.06

7.07

7.21

Note : 1. The unified exchange rate system came into force on March 1, 1993.

2. With the introduction of Euro effective January 1, 1999, the buying and selling rates of Rupees per Deutsche Mark (FEDAI indicative

rates) and Deutsche Mark per Rs. 100 (middle rates) have been replaced by Rupees per Euro and Euro per Rs. 100, respectively.

@ : These rates are based on RBI Reference rate for US dollar and middle rates of cross-currency quotes. These rates are announced by RBI with effect from January 29, 1998.

$ : These rates are as on January 4, 1999.