Foreign

2002

2003

2002

2003

Currency

Jan. 4

Dec. 30

Dec. 31

Jan. 1

Jan. 2

Jan. 3

Jan. 4

Dec. 30

Dec. 31

Jan. 1

Jan. 2

Jan. 3

1

2

3

4

5

6

7

8

9

10

11

12

13

14

RBI's Reference Rate (Rs. per Foreign Currency)

Foreign Currency per Rs. 100@

U.S. Dollar

48.3000

47.9600

48.0300

47.9900

48.0100

48.0200

(Based on Middle Rates)

Euro

43.4400

50.0600

50.3400

50.3100

50.2700

49.7600

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{

Buying

48.2950

47.9500

48.0250

47.9900

48.0050

48.0200

2.0704

2.0851

2.0820

2.0838

2.0829

2.0825

Dollar

Selling

48.3050

47.9600

48.0350

48.0000

48.0150

48.0300

Pound

{

Buying

69.6850

76.9450

77.0700

77.3175

77.2025

76.5000

1.4345

1.2992

1.2980

1.2931

1.2951

1.3068

Sterling

Selling

69.7225

76.9700

77.1100

77.3700

77.2075

76.5450

Euro

{

Buying

43.4225

50.0250

50.3350

50.3025

50.2650

49.7400

2.3020

1.9976

1.9865

1.9877

1.9893

2.0096

Selling

43.4700

50.0600

50.3700

50.3625

50.3000

49.7650

100 Yen

{

Buying

36.7950

39.9575

40.5252

40.3850

40.3575

39.9725

271.69

250.03

246.75

247.56

247.90

250.09

Selling

36.8325

39.9925

40.5400

40.4100

40.3825

39.9925

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

1-month

5.96

3.25

3.25

3.25

3.25

3.25

3-month

6.13

3.42

3.41

3.33

3.25

3.25

6-month

6.13

3.54

3.54

3.50

3.42

3.42

@

:

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.

Notes

:

1. The unified exchange rate system came into force on March 1, 1993.

2. Euro Reference rate was announced by RBI with effect from January 1, 2002.