6. Foreign Exchange Rates - Spot and Forward Premia - RBI - Reserve Bank of India
6. Foreign Exchange Rates - Spot and Forward Premia
Foreign | 1999 | 2000 | 1999 | 2000 | |||||||||
Currency | Feb. 19 | Feb. 14 | Feb. 15 | Feb. 16 | Feb. 17 | Feb. 18 | Feb. 19 | Feb. 14 | Feb. 15 | Feb. 16 | Feb. 17 | Feb. 18 | |
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@ | ||||||||||||
42.4400 | 43.6400 | 43.6200 | 43.6000 | 43.6100 | 43.6100 | (Based on Middle Rates) | |||||||
FEDAI Indicative Rates (Rs. per Foreign Currency) | |||||||||||||
U.S. | { Buying | 42.4300 | 43.6300 | 43.6200 | 43.5900 | 43.6050 | 43.6050 | 2.3563 | 2.2915 | 2.2925 | 2.2936 | 2.2931 | 2.2931 |
Dollar | Selling | 42.4400 | 43.6400 | 43.6300 | 43.6000 | 43.6150 | 43.6150 | ||||||
Pound | { Buying | 69.3650 | 69.6300 | 69.3350 | 69.6225 | 70.0250 | 70.0875 | 1.4403 | 1.4350 | 1.4423 | 1.4359 | 1.4275 | 1.4259 |
Sterling | Selling | 69.4025 | 69.6875 | 69.3800 | 69.6675 | 70.0850 | 70.1450 | ||||||
Euro | { Buying | 47.4875 | 43.1600 | 42.7400 | 42.7825 | 43.0025 | 43.1300 | 2.1039 | 2.3164 | 2.3417 | 2.3353 | 2.3253 | 2.3190 |
Selling | 47.5150 | 43.1900 | 42.7625 | 42.8150 | 43.0350 | 43.1625 | |||||||
100 Yen | { Buying | 35.3575 | 40.3050 | 40.0625 | 39.9400 | 39.5250 | 39.2725 | 282.63 | 247.85 | 249.79 | 250.23 | 252.76 | 254.25 |
Selling | 35.3950 | 40.3525 | 40.0900 | 39.9850 | 39.5700 | 39.3175 | |||||||
Inter-Bank Forward Premia of U.S. Dollar (per cent per annum) | |||||||||||||
1-month | 5.94 | 3.02 | 3.85 | 4.13 | 4.40 | 4.13 | |||||||
3-month | 7.07 | 2.75 | 3.12 | 3.49 | 3.30 | 3.12 | |||||||
6-month | 7.21 | 2.70 | 2.93 | 2.80 | 3.03 | 2.94 | |||||||
: 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. | |||||||||||||
Note | : The unified exchange rate system came into force on March 1, 1993. |