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 | | Mar. 12 | Mar. 6 | Mar. 7 | Mar. 8 | Mar. 9 | Mar. 10 | Mar. 12 | Mar. 6 | Mar. 7 | Mar. 8 | Mar. 9 | Mar. 10 |
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@ | ||||||||||||
42.4300 | 43.5700 | 43.5700 | 43.5700 | 43.5800 | 43.5900 | (Based on Middle Rates) | |||||||
FEDAI Indicative Rates (Rs. per Foreign Currency) | |||||||||||||
U.S. | Buying | 42.4300 | 43.5650 | 43.5650 | 43.5650 | 43.5700 | 43.5900 | 2.3568 | 2.2952 | 2.2952 | 2.2952 | 2.2946 | 2.2941 |
Dollar | Selling | 42.4400 | 43.5750 | 43.5750 | 43.5750 | 43.5800 | 43.6000 | ||||||
Pound | Buying | 69.3050 | 68.8775 | 68.6025 | 68.8250 | 68.8625 | 68.9850 | 1.4429 | 1.4513 | 1.4572 | 1.4528 | 1.4512 | 1.4494 |
Sterling | Selling | 69.3650 | 68.9350 | 68.6400 | 68.8625 | 68.9125 | 69.0225 | ||||||
Euro | Buying | 46.7325 | 41.7300 | 41.7875 | 41.7975 | 41.9050 | 42.1425 | 2.1397 | 2.3937 | 2.3918 | 2.3908 | 2.3822 | 2.3730 |
Selling | 46.7600 | 41.7850 | 41.8325 | 41.8275 | 41.9325 | 42.1775 | |||||||
100 Yen | Buying | 35.3375 | 40.4875 | 40.4500 | 40.6650 | 40.7650 | 40.9900 | 282.35 | 246.63 | 247.09 | 246.05 | 245.19 | 243.79 |
Selling | 35.3600 | 40.5350 | 40.4975 | 40.6950 | 40.7950 | 41.0200 | |||||||
Inter-Bank Forward Premia of U.S. Dollar (per cent per annum) | |||||||||||||
1-month | 7.07 | 5.23 | 4.96 | 4.68 | 4.68 | 4.40 | |||||||
3-month | 7.07 | 3.95 | 3.95 | 3.86 | 3.76 | 3.76 | |||||||
6-month | | 7.07 | 3.40 | 3.44 | 3.40 | 3.30 | 3.21 | | | | | | |
: | 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. |