Foreign

2002

2003

2002

2003

Currency

May 24

May 19

May 20

May 21

May 22

May 23

May 24

May 19

May 20

May 21

May 22

May 23

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

49.0100

47.0600

46.9400

46.7600

46.9100

46.9400

(Based on Middle Rates)

Euro

45.1100

55.0600

54.7700

54.8000

54.5800

54.8100

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{

Buying

49.0000

47.0550

46.9350

46.7800

46.8900

46.9300

2.0404

2.1249

2.1304

2.1386

2.1317

2.1304

Dollar

Selling

49.0100

47.0650

46.9450

46.7900

46.9000

46.9400

Pound

{

Buying

71.2450

76.7150

76.6125

76.7900

76.5200

76.5675

1.4034

1.3024

1.3051

1.3025

1.3057

1.3052

Sterling

Selling

71.2700

76.7575

76.6575

76.8150

76.5650

76.6100

Euro

{

Buying

45.1000

55.1025

54.7175

54.8600

54.4900

54.8000

2.2168

1.8162

1.8258

1.8248

1.8322

1.8245

Selling

45.1275

55.1325

54.7425

54.8900

54.5225

54.8250

255.00

244.85

249.61

249.46

250.83

249.93

100 Yen

{

Buying

39.2075

40.8700

40.0575

40.1075

39.8225

40.0025

Selling

39.2275

40.8975

40.0750

40.1325

39.8375

40.0275

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

1-month

5.88

1.02

0.51

0.51

0.77

1.28

3-month

6.28

1.02

0.43

0.43

0.68

1.02

6-month

6.33

0.76

0.34

0.34

0.47

0.98

@: 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.