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Foreign | | 1998 | | | 1999 | | | 1998 | | | 1999 | | |
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Currency | | Feb. 27 | Feb. 22 | Feb. 23 | Feb. 24 Feb. 25** Feb. 26** | Feb. 27 | Feb. 22 | Feb. 23 | Feb. 24 | Feb. 25** | Feb. 26** |
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1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 |
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| | RBI's Reference Rate (Rs. per U.S. Dollar) | | | | Foreign Currency per Rs. 100 @ | |
| | 39.3000 | 42.4000 | 42.4400 | 42.4900 | | | | (Based on Middle Rates) | | |
| | FEDAI Indicative Rates (Rs. per Foreign Currency) | | | | | | |
U.S. | { Buying | 39.2850 | 42.3900 | 42.4350 | 42.4900 | | | 2.5445 | 2.3585 | 2.3563 | 2.3535 | | |
Dollar | Selling | 39.2950 | 42.4000 | 42.4450 | 42.4950 | | | | | | | | |
Pound | { Buying | 64.5375 | 68.7575 | 68.9275 | 68.5150 | | | 1.5479 | 1.4540 | 1.4505 | 1.4604 | | |
Sterling | Selling | 64.5925 | 68.7950 | 68.9650 | 68.5750 | | | | | | | | |
Euro | { Buying | 50.4400 $ | 46.7425 | 46.7800 | 46.7275 | | | 1.9798 $ | 2.1378 | 2.1369 | 2.1398 | | |
| Selling | 50.5800 $ | 46.7800 | 46.8125 | 46.7575 | | | | | | | | |
100 Yen | { Buying | 30.9475 | 34.7525 | 35.2300 | 35.0175 | | | 323.03 | 287.85 | 283.58 | 285.70 | | |
| Selling | 30.9675 | 34.7750 | 35.2675 | 35.0350 | | | | | | | | |
| Inter-Bank Forward Premia of U.S. Dollar (per cent per annum) | | | | | | |
1-month | | 11.91 | 5.38 | 5.94 | 5.37 | | | | | | | | |
3-month | | 14.76 | 6.98 | 7.07 | 6.97 | | | | | | | | |
6-month | | 14.15 | 6.98 | 7.21 | 6.97 | | | | | | | | |
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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rates) and Deutsche Mark per Rs. 100 (middle rates) have been replaced by Rupees per Euro and Euro per Rs. 100, respectively.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. |
** : These rates were not received on account of banks strike. |