Foreign

1998

1999

1998

1999

Currency

Aug. 14

Aug. 9

Aug. 10

Aug. 11

Aug. 12

Aug. 13

Aug. 14

Aug. 9

Aug. 10

Aug. 11

Aug. 12

Aug. 13

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@

43.0800

43.5400

43.4500

43.4900

43.4700

43.4600

(Based on Middle Rates)

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{ Buying

43.0600

43.5350

43.4450

43.4900

43.4500

43.4550

2.3213

2.2967

2.3015

2.2994

2.3004

2.3010

Dollar

Selling

43.0800

43.5450

43.4500

43.5000

43.4600

43.4650

Pound

{ Buying

69.8725

69.9900

69.7550

70.1750

69.9200

70.1550

1.4303

1.4282

1.4328

1.4239

1.4291

1.4252

Sterling

Selling

69.9325

70.0200

69.8150

70.2350

69.9800

70.1825

Euro

{ Buying

50.4400 $

46.5300

46.5900

46.5475

46.2875

46.4275

1.9798 $

2.1483

2.1439

2.1472

2.1583

2.1533

Selling

50.5800 $

46.5550

46.6225

46.5800

46.3150

46.4500

100 Yen

{ Buying

29.6525

37.7900

37.8075

37.8900

37.5550

37.8175

337.15

264.57

264.06

263.74

266.01

264.38

Selling

29.6875

37.8100

37.8475

37.9275

37.5950

37.8425

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

1-month

6.69

4.13

4.42

5.52

5.80

4.97

3-month

7.61

4.32

4.42

4.97

5.34

4.51

6-month

8.12

4.69

4.88

5.43

5.52

4.88

@ :

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.

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rates) and Deutsche Mark per Rs. 100 (middle rates) have been replaced by Rupees per Euro and Euro per Rs. 100, respectively.