Foreign

2002

2003

2002

2003

Currency

May 10

May 5

May 6

May 7

May 8

May 9

May 10

May 5

May 6

May 7

May 8

May 9

1

2

3

4

5

6

7

8

9

10

11

12

13

14

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

Foreign Currency per Rs. 100@

U.S. Dollar

48.9800

47.3500

47.3100

47.2700

47.2600

47.1900

(Based on Middle Rates)

Euro

44.7000

53.0800

53.4100

53.9200

53.5300

54.2200

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{

Buying

48.9700

47.3400

47.3050

47.2650

47.2500

47.1850

2.0416

2.1119

2.1137

2.1155

2.1160

2.1191

Dollar

Selling

48.9800

47.3500

47.3150

47.2750

47.2600

47.1950

Pound

{

Buying

71.6575

75.8625

75.9775

76.2325

75.5300

75.6275

1.3951

1.3177

1.3157

1.3113

1.3240

1.3210

Sterling

Selling

71.6875

75.8875

76.0125

76.2825

75.5675

75.6675

Euro

{

Buying

44.6750

53.0925

53.3750

53.9050

53.5475

54.1725

2.2371

1.8839

1.8723

1.8546

1.8681

1.8443

Selling

44.7100

53.1175

53.4100

53.9350

53.5700

54.1975

100 Yen

Buying

38.1125

39.7825

39.8650

40.1425

40.5400

40.1950

262.32

251.26

250.66

249.05

246.57

248.46

{

Selling

38.1225

39.8075

39.8900

40.1850

40.5600

40.2250

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

1-month

5.88

1.52

1.52

1.78

1.27

1.53

3-month

5.96

1.61

1.52

1.69

0.85

1.36

6-month

6.04

1.69

1.61

1.61

0.85

1.27

@: 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.
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.