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 |
May 30 |
May 24 |
May 25 |
May 26 |
May 27 |
May 28 |
May 30 |
May 24 |
May 25 |
May 26 |
May 27 |
May 28 |
|
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 |
47.0300 |
45.3700 |
45.3600 |
45.3400 |
45.4500 |
45.3900 |
(Based on Middle Rates) |
||||||
Euro |
55.8300 |
54.2000 |
54.6000 |
54.8900 |
55.2900 |
55.7200 |
|||||||
FEDAI Indicative Rates (Rs. per Foreign Currency) |
|||||||||||||
U.S. |
{Buying |
47.0200 |
45.3400 |
45.3600 |
45.3300 |
45.4500 |
45.3700 |
2.1263 |
2.2041 |
2.2046 |
2.2056 |
2.2002 |
2.2031 |
Dollar |
Selling |
47.0300 |
45.3500 |
45.3700 |
45.3500 |
45.4600 |
45.3800 |
||||||
Pound |
{ Buying |
77.6625 |
80.8825 |
81.5750 |
82.1700 |
82.8875 |
83.4900 |
1.2865 |
1.2343 |
1.2259 |
1.2159 |
1.2060 |
1.1974 |
Sterling |
Selling |
77.7275 |
80.9175 |
81.6200 |
82.2325 |
82.9275 |
83.5300 |
||||||
Euro |
{ Buying |
55.8075 |
54.1225 |
54.6400 |
54.8775 |
55.2525 |
55.7150 |
1.7912 |
1.8450 |
1.8315 |
1.8218 |
1.8086 |
1.7947 |
Selling |
55.8475 |
54.1475 |
54.6675 |
54.9200 |
55.2800 |
55.7450 |
|||||||
100 Yen |
{ Buying |
39.7125 |
40.2025 |
40.1700 |
40.5650 |
40.7875 |
41.0100 |
251.57 |
248.42 |
248.94 |
246.39 |
245.07 |
243.74 |
Selling |
39.7550 |
40.2225 |
40.1900 |
40.6025 |
40.8150 |
41.0300 |
|||||||
Inter-Bank Forward Premia of U.S. Dollar (per cent per annum) |
|||||||||||||
1-month |
1.28 |
–1.85 |
–1.72 |
–1.99 |
–1.45 |
–1.72 |
|||||||
3-month |
1.28 |
–1.32 |
–1.23 |
–1.15 |
–0.84 |
–1.01 |
|||||||
6-month |
1.06 |
–0.66 |
–0.62 |
–0.57 |
–0.40 |
–0.53 |
@ : 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.