Foreign

2003

2004

2003

2004

Currency

May 23

May 17

May 18

May 19

May 20

May 21

May 23

May 17

May 18

May 19

May 20

May 21

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

46.9400

45.9600

45.4600

45.2900

45.2500

45.3300

(Based on Middle Rates)

Euro

54.8100

55.0000

54.4700

54.4200

53.9400

54.3900

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{Buying

46.9300

45.9500

45.4500

45.3000

45.2500

45.3300

2.1304

2.1758

2.1997

2.2080

2.2099

2.2060

Dollar

Selling

46.9400

45.9700

45.4700

45.3200

45.2700

45.3500

Pound

{ Buying

76.5675

81.0475

80.2050

80.3175

80.0650

80.7375

1.3052

1.2331

1.2460

1.2448

1.2487

1.2385

Sterling

Selling

76.6100

81.1050

80.2675

80.3750

80.1225

80.7825

Euro

{ Buying

54.8000

54.9700

54.4775

54.4275

53.9550

54.3925

1.8245

1.8182

1.8359

1.8376

1.8539

1.8386

Selling

54.8250

55.0075

54.5100

54.4650

53.9925

54.4300

100 Yen

{ Buying

40.0025

40.3925

39.9175

40.0025

39.8250

40.4450

249.93

247.53

250.49

250.02

251.04

247.20

Selling

40.0275

40.4375

39.9525

40.0325

39.8600

40.4800

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

1-month

1.28

–0.55

–0.63

–1.44

–1.62

–1.67

3-month

1.02

–0.24

–0.36

–1.15

–1.22

–1.33

6-month

0.98

–0.12

–0.20

–0.62

–0.62

–0.68