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. 24 | Feb. 21 | Feb. 22 | Feb. 23 | Feb. 24 | Feb. 25 | Feb. 24* | Feb. 21 | Feb. 22 | Feb. 23 | Feb. 24 | Feb. 25 | ||
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@ | |||||||||||||
42.4900 | 43.5800 | 43.5900 | 43.5900 | 43.6000 | 43.6100 | (Based on Middle Rates) | ||||||||
FEDAI Indicative Rates (Rs. per Foreign Currency) | ||||||||||||||
U.S. | { Buying | 42.4900 | 43.6000 | 43.6050 | 43.6050 | 43.6050 | 43.6200 | 2.3535 | 2.2936 | 2.2931 | 2.2931 | 2.2931 | 2.2920 | |
Dollar | Selling | 42.4950 | 43.6100 | 43.6150 | 43.6150 | 43.6150 | 43.6300 | |||||||
Pound | { Buying | 68.5150 | 69.6950 | 70.0000 | 70.3175 | 69.9325 | 69.7050 | 1.4604 | 1.4344 | 1.4279 | 1.4210 | 1.4294 | 1.4330 | |
Sterling | Selling | 68.5750 | 69.7550 | 70.0600 | 70.3775 | 69.9625 | 69.7650 | |||||||
Euro | { Buying | 46.7275 | 43.0200 | 43.2900 | 43.8750 | 43.6475 | 43.2325 | 2.1398 | 2.3239 | 2.3086 | 2.2784 | 2.2882 | 2.3111 | |
Selling | 46.7575 | 43.0525 | 43.3225 | 43.9025 | 43.6850 | 43.2675 | ||||||||
100 Yen | { Buying | 35.0175 | 39.4025 | 39.2300 | 39.5150 | 39.3025 | 39.3750 | 285.70 | 253.67 | 254.87 | 253.03 | 254.24 | 254.15 | |
Selling | 35.0350 | 39.4475 | 39.2575 | 39.5425 | 39.3450 | 39.4200 | ||||||||
Inter-Bank Forward Premia of U.S. Dollar (per cent per annum) | ||||||||||||||
1-month | 5.37 | 3.85 | 3.30 | 3.30 | 3.03 | 3.30 | ||||||||
3-month | 6.97 | 3.03 | 3.03 | 3.03 | 3.03 | 3.12 | ||||||||
6-month | 6.97 | 2.84 | 2.80 | 2.80 | 2.84 | 2.89 | ||||||||
: 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. | ||||||||||||||
* | : Rates for 25 & 26 February, 1999 were not available due to Bank strike. | |||||||||||||
Note | : The unified exchange rate system came into force on March 1, 1993. |