Foreign

2003

2004

2003

2004

Currency

Jul. 25

Jul. 19

Jul. 20

Jul. 21

Jul. 22

Jul. 23

Jul. 25

Jul. 19

Jul. 20

Jul. 21

Jul. 22

Jul. 23

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

46.1600

45.9500

46.0600

46.0900

46.1800

46.2200

(Based on Middle Rates)

Euro

52.8800

57.1500

57.3100

56.7700

56.5800

56.5000

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{Buying

46.1600

45.9400

46.0500

46.0800

46.1800

46.2200

2.1664

2.1763

2.1711

2.1697

2.1654

2.1636

Dollar

Selling

46.1700

45.9500

46.0600

46.0900

46.1900

46.2300

Pound

{ Buying

74.4850

86.0650

85.8200

85.3300

84.9300

85.1325

1.3421

1.1617

1.1646

1.1719

1.1772

1.1749

Sterling

Selling

74.5275

86.1050

85.8825

85.3775

84.9750

85.1750

Euro

{ Buying

52.8725

57.1550

57.2825

56.7425

56.5700

56.5000

1.8911

1.7498

1.7449

1.7615

1.7674

1.7699

Selling

52.9150

57.1800

57.3025

56.7775

56.5975

56.5250

100 Yen

{ Buying

38.7000

42.4200

42.4200

42.3925

42.0475

42.0600

258.35

235.71

235.77

235.90

237.86

237.71

Selling

38.7225

42.4400

42.4475

42.4250

42.0625

42.0850

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

1-month

2.60

3.13

3.26

2.99

2.99

3.05

3-month

2.34

2.44

2.48

2.39

2.56

2.81

6-month

1.95

1.87

1.95

1.93

2.08

2.38

@ : These rates are based on RBI Reference rate for US dollar, Euro 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.