6. Foreign Exchange Rates - Spot and Forward Premia - RBI - Reserve Bank of India
6. Foreign Exchange Rates - Spot and Forward Premia
Foreign |
2003 |
2004 |
2003 |
2004 |
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Currency |
Apr. 25 |
Apr. 19 |
Apr. 20 |
Apr. 21 |
Apr. 22 |
Apr. 23 |
Apr. 25 |
Apr. 19 |
Apr. 20 |
Apr. 21 |
Apr. 22 |
Apr. 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 |
47.3500 |
43.8600 |
44.0000 |
44.0000 |
44.0400 |
44.1600 |
(Based on Middle Rates) |
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Euro |
52.1600 |
52.8100 |
52.4700 |
52.0500 |
52.0200 |
52.6200 |
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FEDAI Indicative Rates (Rs. per Foreign Currency) |
|||||||||||||
U.S. |
{Buying |
47.3450 |
43.8500 |
43.9800 |
44.0100 |
44.0300 |
44.1600 |
2.1119 |
2.2800 |
2.2727 |
2.2727 |
2.2707 |
2.2645 |
Dollar |
Selling |
47.3550 |
43.8600 |
43.9900 |
44.0200 |
44.0400 |
44.1700 |
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Pound |
{ Buying |
75.4675 |
79.0975 |
79.0800 |
78.4650 |
77.8450 |
78.3225 |
1.3256 |
1.2640 |
1.2634 |
1.2748 |
1.2831 |
1.2768 |
Sterling |
Selling |
75.5125 |
79.1375 |
79.1150 |
78.5050 |
77.8850 |
78.3675 |
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Euro |
{ Buying |
52.1750 |
52.7900 |
52.4500 |
52.1000 |
51.9675 |
52.6300 |
1.9172 |
1.8936 |
1.9059 |
1.9212 |
1.9223 |
1.9004 |
Selling |
52.1900 |
52.8250 |
52.4800 |
52.1250 |
51.9925 |
52.6600 |
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100 Yen |
{ Buying |
39.2900 |
40.6350 |
40.6175 |
40.4175 |
40.2125 |
40.3325 |
254.54 |
246.12 |
246.01 |
247.47 |
248.35 |
247.96 |
Selling |
39.3150 |
40.6650 |
40.6450 |
40.4375 |
40.2450 |
40.3525 |
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Inter-Bank Forward Premia of U.S. Dollar (per cent per annum) |
|||||||||||||
1-month |
1.52 |
–1.68 |
–2.26 |
–3.10 |
–3.35 |
–3.13 |
|||||||
3-month |
2.03 |
–0.59 |
–0.81 |
–1.35 |
–1.62 |
–1.36 |
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6-month |
2.07 |
–0.23 |
–0.39 |
–0.66 |
–0.81 |
–0.68 |
@ : These rates are based on RBI Reference rate for US dollar, Euro 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.