Foreign

1998

1999

1998

1999

Currency

Feb. 13

Feb. 8

Feb. 9

Feb. 10

Feb. 11

Feb. 12

Feb. 13

Feb. 8

Feb. 9

Feb. 10 Feb. 11

Feb. 12

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 @

38.8000

42.4700

42.4400

42.4400

42.4600

42.4500

(Based on Middle Rates)

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{ Buying

38.7800

42.4600

42.4350

42.4400

42.4500

42.4400

2.5773

2.3546

2.3563

2.3563

2.3552

2.3557

Dollar

Selling

38.8000

42.4700

42.4450

42.4500

42.4600

42.4500

Pound

{ Buying

63.4450

69.3500

69.6025

69.3475

69.0325

68.8800

1.5749

1.4410

1.4371

1.4421

1.4478

1.4518

Sterling

Selling

63.5150

69.4075

69.6400

69.4050

69.0900

68.9175

Euro

{ Buying

50.4400 $

47.7050

48.1050

47.9200

48.0575

47.6825

1.9798 $

2.0940

2,0795

2.0856

2.0795

2.0961

Selling

50.5800 $

47.7375

48.1375

47.9725

48.0850

47.7100

100 Yen

{ Buying

31.0675

37.3675

36.9800

36.8075

37.1300

37.0975

321.54

267.26

269.44

271.58

268.96

269.33

Selling

31.0950

37.4075

37.0225

36.8500

37.1700

37.1400

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

1-month

10.52

5.09

5.09

5.66

5.65

5.65

3-month

14.23

6.22

6.22

6.50

6.78

6.50

6-month

13.40

6.59

6.69

6.88

7.11

6.93

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rates) and Deutsche Mark per Rs. 100 (middle rates) have been replaced by Rupees per Euro and Euro per Rs. 100, respectively.
@ : 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.