Foreign

1998

1999

1998

1999

Currency

Apr. 17

Apr. 12

Apr. 13

Apr. 14+

Apr. 15

Apr. 16

Apr. 17

Apr. 12

Apr. 13 Apr. 14+

Apr. 15

Apr. 16

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 @

39.7100

42.7000

42.7100

42.8300

42.7600

(Based on Middle Rates)

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{ Buying

39.7000

42.6950

42.7100

42.8250

42.7500

2.5183

2.3419

2.3414

2.3348

2.3386

Dollar

Selling

39.7100

42.7050

42.7200

42.8350

42.7600

Pound

{ Buying

67.1650

68.8800

68.9775

69.0200

68.6650

1.4877

1.4517

1.4491

1.4482

1.4549

Sterling

Selling

67.2200

68.9375

69.0350

69.0800

68.7250

Euro

{ Buying

50.4400 $

46.2475

46.1875

46.2250

45.5550

1.9798 $

2.1625

2.1648

2.1637

2.1919

Selling

50.5800 $

46.2750

46.2050

46.2650

45.5825

100 Yen

{ Buying

30.0750

35.4500

35.4725

36.0175

36.1175

332.33

282.00

281.85

277.64

276.32

Selling

30.1050

35.4725

35.5100

36.0400

36.2000

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

1-month

3.63

5.90

6.18

6.44

5.89

3-month

5.84

6.37

6.37

6.63

5.99

6-month

7.40

7.03

7.12

7.19

6.69

@ : 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.
+ : Market closed.
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selling rates of Rupees per Deutsche Mark (FEDAI indicative rates) and Deutsche Mark per Rs. 100 (middle rates) have been replaced by Rupees per Euro and Euro per Rs. 100, respectively.