Foreign

2003

2004

2003

2004

Currency

Aug. 8

Aug. 2

Aug. 3

Aug. 4

Aug. 5

Aug. 6

Aug. 8

Aug. 2

Aug. 3

Aug. 4

Aug. 5

Aug. 6

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

46.0300

46.3600

46.3000

46.3700

46.3300

46.4300

(Based on Middle Rates)

Euro

52.3100

55.9200

55.6100

55.7600

55.9000

56.0600

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{Buying

46.0250

46.3600

46.2900

46.3700

46.3300

46.4200

2.1725

2.1570

2.1598

2.1566

2.1584

2.1538

Dollar

Selling

46.0350

46.3700

46.3000

46.3800

46.3400

46.4300

Pound

{ Buying

74.3950

84.5325

84.3400

84.4500

84.6175

84.6875

1.3439

1.1830

1.1847

1.1838

1.1817

1.1805

Sterling

Selling

74.4475

84.5650

84.3950

84.4900

84.6575

84.7350

Euro

{ Buying

52.2975

55.9375

55.5475

55.7600

55.8875

56.0325

1.9117

1.7883

1.7982

1.7934

1.7889

1.7838

Selling

52.3325

55.9650

55.5825

55.7850

55.9175

56.0600

100 Yen

{ Buying

38.6775

41.6900

41.6800

41.6500

41.7500

41.5650

258.40

239.86

239.88

240.02

239.50

240.46

Selling

38.7100

41.7100

41.7050

41.6775

41.7775

41.5850

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

1-month

3.65

2.98

3.05

3.04

2.98

2.97

3-month

2.61

2.72

2.72

2.80

2.72

2.71

6-month

2.13

2.37

2.44

2.59

2.42

2.46

@:These rates are based on RBI Reference rate for US dollar, Euro and middle rates of cross-currency quotes.
These rates areannounced 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.