Foreign

1998

1999

1998

1999

Currency

Oct. 30

Oct. 25

Oct. 26

Oct. 27

Oct. 28

Oct. 29

Oct. 30

Oct. 25

Oct. 26

Oct. 27

Oct. 28

Oct. 29

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@

42.3700

43.3900

43.3800

43.4000

43.3900

43.4200

(Based on Middle Rates)

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{ Buying

42.2500

43.3850

43.3700

43.3950

43.3800

43.4100

2.3602

2.3047

2.3052

2.3041

2.3047

2.3031

Dollar

Selling

42.3700

43.3950

43.3800

43.4050

43.3900

43.4200

Pound

{ Buying

71.0300

72.0100

71.9975

71.7025

71.4075

71.1800

1.4076

1.3885

1.3868

1.3946

1.3997

1.4054

Sterling

Selling

71.0850

72.0400

72.0575

71.7625

71.4675

71.2400

Euro

{ Buying

50.4400

$ 46.3525

46.2375

45.9075

45.5700

45.7325

1.9798 $

2.1578

2.1600

2.1773

2.1923

2.1856

Selling

50.5800

$ 46.3925

46.2700

45.9625

45.5975

45.7650

100 Yen

{ Buying

36.6200

41.0525

41.2500

41.6825

41.6350

41.3000

272.78

243.55

241.99

239.64

240.13

242.11

Selling

36.6675

41.0750

41.2800

41.7325

41.6650

41.3300

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

1-month

4.81

5.53

5.53

5.53

5.25

4.42

3-month

6.61

5.35

5.35

5.44

5.44

4.70

6-month

7.22

5.53

5.53

5.58

5.49

5.16

@ :

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.

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