Foreign

2002

2003

2002

2003

Currency

Feb. 1

Jan. 27

Jan. 28

Jan. 29

Jan. 30

Jan. 31

Feb. 1

Jan. 27

Jan. 28

Jan. 29

Jan. 30

Jan. 31

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

48.5300

47.8900

47.9200

47.8600

47.8200

47.8000

(Based on Middle Rates)

Euro

41.6800

51.9000

51.8600

52.0400

51.7900

51.6300

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{

Buying

48.5300

47.8850

47.9100

47.8600

47.8200

47.7950

2.0606

2.0881

2.0868

2.0894

2.0912

2.0921

Dollar

Selling

48.5400

47.8950

47.9200

47.8700

47.8300

47.8050

Pound

{

Buying

68.4650

78.2250

78.2325

78.8250

78.7175

78.9950

1.4605

1.2779

1.2774

1.2678

1.2700

1.2653

Sterling

Selling

68.4950

78.2650

78.2725

78.8575

78.7575

79.0350

Euro

{

Buying

41.6725

51.8875

51.8425

52.0625

51.7800

51.6675

Selling

41.7050

51.9125

51.8675

52.0975

51.8100

51.6925

100 Yen

{

Buying

36.1400

40.6250

40.3975

40.5725

40.3200

40.1300

276.66

246.12

247.53

246.44

247.94

249.17

Selling

36.1650

40.6500

40.4225

40.6000

40.3400

40.1550

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

1-month

4.95

3.76

3.76

3.76

3.76

4.02

3-month

5.69

3.68

3.84

3.84

4.10

4.02

6-month

5.56

3.51

3.76

3.76

3.89

3.85

@

:

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.