Foreign

1999

2000

1999

2000

Currency

Jul. 23

Jul. 17

Jul. 18

Jul. 19

Jul. 20

Jul. 21

Jul. 23

Jul. 17

Jul. 18

Jul. 19

Jul. 20

Jul. 21

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 @

43.2600

44.7100

44.7400

44.7800

44.8200

45.0200

(Based on Middle Rates)

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{ Buying

43.2550

44.7050

44.7300

44.7800

44.8100

45.0100

2.3116

2.2366

2.2351

2.2331

2.2311

2.2212

Dollar

Selling

43.2650

44.7150

44.7400

44.7900

44.8200

45.0200

Pound

{ Buying

68.3700

66.9600

66.7425

66.9200

67.0500

68.0725

1.4614

1.4936

1.4977

1.4945

1.4906

1.4691

Sterling

Selling

68.4275

67.0200

66.7875

66.9800

67.1000

68.1100

Euro

{ Buying

45.4525

41.8975

41.8400

41.4450

41.3875

41.9850

2.1996

2.3877

2.3887

2.4136

2.4152

2.3809

Selling

45.4725

41.9200

41.8575

41.4750

41.4000

42.0175

100 Yen

{ Buying

36.9100

41.3350

41.3200

41.4400

41.4100

41.5675

270.69

241.93

241.80

241.24

241.40

240.45

Selling

36.9350

41.3650

41.3675

41.4675

41.4375

41.5975

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

1-month

3.61

2.95

2.95

3.22

3.75

4.00

3-month

3.88

3.31

3.31

3.57

3.75

3.82

6-month

4.25

3.49

3.49

3.75

3.79

3.78

@

: 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.