6. Foreign Exchange Rates - Spot and Forward Premia - RBI - Reserve Bank of India
6. Foreign Exchange Rates - Spot and Forward Premia
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Foreign |
1998 |
1999 |
1998 |
1999 |
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Feb. 20 |
Feb. 15 |
Feb. 16 |
Feb. 17 |
Feb. 18 |
Feb. 19 |
Feb. 20 |
Feb. 15 |
Feb. 16 |
Feb. 17 |
Feb. 18 |
Feb. 19 |
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2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
14 |
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RBI's Reference Rate (Rs. per U.S. Dollar) |
Foreign Currency per Rs. 100 @ |
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38.9100 |
42.4200 |
42.4900 |
42.4900 |
42.4500 |
42.4400 |
(Based on Middle Rates) |
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FEDAI Indicative Rates (Rs. per Foreign Currency) |
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U.S. |
{ Buying |
38.9000 |
42.4150 |
42.4850 |
42.4850 |
42.4450 |
42.4300 |
2.5700 |
2.3574 |
2.3535 |
2.3535 |
2.3557 |
2.3563 |
Dollar |
Selling |
38.9200 |
42.4250 |
42.4950 |
42.4950 |
42.4550 |
42.4400 |
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Pound |
{ Buying |
63.6800 |
69.1875 |
69.1275 |
69.5475 |
69.5000 |
69.3650 |
1.5695 |
1.4440 |
1.4469 |
1.4372 |
1.4390 |
1.4403 |
Sterling |
Selling |
63.7900 |
69.2400 |
69.1650 |
69.6075 |
69.5375 |
69.4025 |
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Euro |
{ Buying |
50.4400 $ |
47.8450 |
47.5875 |
47.7100 |
47.8150 |
47.4875 |
1.9798 $ |
2.0894 |
2.0998 |
2.0953 |
2.0909 |
2.1039 |
Selling |
50.5800 $ |
47.8900 |
47.6200 |
47.7400 |
47.8475 |
47.5150 |
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100 Yen |
{ Buying |
30.7075 |
37.1075 |
36.3575 |
35.9800 |
35.7875 |
35.3575 |
325.51 |
269.37 |
274.89 |
277.83 |
279.27 |
282.63 |
Selling |
30.7350 |
37.1500 |
36.3975 |
36.0025 |
35.8275 |
35.3950 |
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Inter-Bank Forward Premia of U.S. Dollar (per cent per annum) |
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1-month |
12.95 |
5.37 |
5.65 |
5.37 |
5.37 |
5.94 |
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3-month |
16.65 |
6.60 |
6.87 |
6.59 |
6.60 |
7.07 |
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6-month |
15.52 |
7.02 |
7.15 |
7.06 |
7.07 |
7.21 |
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Note : 1. The unified exchange rate system came into force on March 1, 1993. |
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2. With the introduction of Euro effective January 1, 1999, the buying and selling rates of Rupees per Deutsche Mark (FEDAI indicative |
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rates) and Deutsche Mark per Rs. 100 (middle rates) have been replaced by Rupees per Euro and Euro per Rs. 100, respectively. |
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@ : 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. |
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