1998

1999

1998

1999

Foreign
Currency

Apr. 3

Mar. 29 +

Mar. 30

Mar. 31

Apr. 1*

Apr. 2 +

Apr. 3

Mar. 29 +

Mar. 30

Mar. 31

Apr. 1*

Apr. 2 +

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 @

39.5100

42.4300

42.4300

(Based on Middle Rates)

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{ Buying

39.5000

42.4250

42.4300

2.5310

2.3568

2.3568

Dollar

Selling

39.5100

42.4350

42.4400

Pound

{ Buying

65.7875

68.5750

68.3300

1.5191

1.4576

1.4630

Sterling

Selling

65.8475

68.6350

68.3875

Euro

{ Buying

50.4400 $

45.5475

45.5200

1.9798

$

2.1943

2.1968

Selling

50.5800 $

45.5700

45.5425

100 Yen

{ Buying

29.3450

35.3125

35.3150

340.85

283.09

283.08

Selling

29.3750

35.3350

35.3375

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

1-month

4.25

5.66

5.37

3-month

5.16

6.32

6.03

6-month

6.53

6.69

6.60

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and Deutsche Mark per Rs. 100 (middle rates) have been replaced by Rupees per Euro and Euro per Rs. 100, respectively.