Foreign

2003

2004

2003

2004

Currency

Jan. 31

Jan. 26+

Jan. 27

Jan. 28

Jan. 29

Jan. 30

Jan. 31

Jan. 26+

Jan. 27

Jan. 28

Jan. 29

Jan. 30

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

47.8000

45.3600

45.3400

45.3500

45.3100

(Based on Middle Rates)

Euro

51.6300

56.5700

57.3100

56.5100

56.1300

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{Buying

47.7950

45.3500

45.3350

45.3400

45.3000

2.0921

2.2046

2.2056

2.2051

2.2070

Dollar

Selling

47.8050

45.3600

45.3450

45.3500

45.3100

Pound

{Buying

78.9950

82.2325

82.9000

82.4600

82.1775

1.2653

1.2156

1.2062

1.2136

1.2170

Sterling

Selling

79.0350

82.2750

82.9400

82.5000

82.2200

Euro

Buying

51.6675

56.5525

57.2300

56.5625

56.1400

1.9369

1.7677

1.7449

1.7696

1.7816

{Selling

51.6925

56.5875

57.2650

56.5925

56.1750

100 Yen

Buying

40.1300

42.7350

42.8575

42.7850

42.7350

249.17

233.96

233.20

233.75

233.93

{Selling

40.1550

42.7550

42.8875

42.8150

42.7650

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

1-month

4.02

1.30

1.93

1.53

1.89

3-month

4.02

1.14

1.37

1.12

1.28

6-month

3.85

0.82

1.04

0.89

0.99

@

:

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.

+

:

Market closed.

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.