Foreign | | 2003 | | | 2004 | | | 2003 | | | 2004 | | |
Currency | | Jun. 13 | Jun. 7 | Jun. 8 | Jun. 9 | Jun. 10 | Jun. 11 | Jun. 13 | Jun. 7 | Jun. 8 | Jun. 9 | Jun. 10 | Jun. 11 |
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 | | 46.6900 | 45.0600 | 45.0900 | 44.9800 | 45.0700 | 45.0900 | | (Based on Middle Rates) | |
Euro | | 54.9600 | 55.5100 | 55.6200 | 55.0500 | 54.3500 | 54.1400 | | | | | | |
| | FEDAI Indicative Rates (Rs. per Foreign Currency) | | | | | | |
U.S. | {Buying | 46.6850 | 45.0400 | 45.0800 | 44.9750 | 45.0600 | 45.0800 | 2.1418 | 2.2193 | 2.2178 | 2.2232 | 2.2188 | 2.2178 |
Dollar | Selling | 46.6950 | 45.0500 | 45.0900 | 44.9850 | 45.0700 | 45.0900 | | | | | | |
Pound | { Buying | 78.0050 | 83.1475 | 83.0700 | 82.5550 | 82.3550 | 82.4250 | 1.2816 | 1.2022 | 1.2038 | 1.2109 | 1.2138 | 1.2115 |
Sterling | Selling | 78.0500 | 83.1900 | 83.1100 | 82.5925 | 82.4025 | 82.4700 | | | | | | |
Euro | { Buying | 54.9400 | 55.5075 | 55.6325 | 55.0450 | 54.3525 | 54.1225 | 1.8195 | 1.8015 | 1.7979 | 1.8165 | 1.8399 | 1.8471 |
| Selling | 54.9650 | 55.5325 | 55.6600 | 55.0700 | 54.3825 | 54.1475 | | | | | | |
100 Yen | { Buying | 39.7025 | 40.9425 | 41.0950 | 41.2550 | 40.9225 | 40.8900 | 251.80 | 244.22 | 243.28 | 242.25 | 243.90 | 244.23 |
| Selling | 39.7275 | 40.9700 | 41.1400 | 41.2750 | 40.9550 | 40.9275 | | | | | | |
| Inter-Bank Forward Premia of U.S. Dollar (per cent per annum) | | | | | | |
1-month | | 3.34 | 0.20 | 0.28 | 0.67 | 1.46 | 1.33 | | | | | | |
3-month | | 3.17 | 0.04 | 0.09 | 0.26 | 0.67 | 0.75 | | | | | | |
6-month | | 2.40 | — | 0.08 | 0.22 | 0.44 | 0.53 | | | | | | |
| | | | | | | | | | | | | |
@: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.