Foreign

2003

2004

2003

2004

Currency

Nov. 21

Nov. 15+

Nov. 16

Nov. 17

Nov. 18

Nov. 19

Nov. 21

Nov. 15+

Nov. 16

Nov. 17

Nov. 18

Nov. 19

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

45.8400

45.0100

45.0300

45.0300

45.1300

(Based on Middle Rates)

Euro

54.5200

58.2100

58.4500

58.7900

58.5500

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{Buying

45.8800

45.0125

45.0200

45.0350

45.1050

2.1815

2.2217

2.2207

2.2207

2.2158

Dollar

Selling

45.8900

45.0225

45.0300

45.0450

45.1150

Pound

{ Buying

78.0225

83.0850

83.5200

83.9125

83.5400

1.2827

1.2026

1.1971

1.1919

1.1960

Sterling

Selling

78.0625

83.1250

83.5525

83.9600

83.5800

Euro

{ Buying

54.5800

58.1925

58.4400

58.8150

58.5200

1.8342

1.7179

1.7109

1.7010

1.7079

Selling

54.6050

58.2175

58.4675

58.8475

58.5450

100 Yen

{ Buying

42.0850

42.6375

42.7225

43.4250

43.3450

237.75

234.45

233.97

230.21

230.61

Selling

42.1075

42.6600

42.7550

43.4450

43.3675

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

1-month

–1.70

3.07

2.65

1.69

1.99

3-month

–0.44

2.44

2.00

1.47

1.99

6-month

0.07

2.02

1.62

1.33

1.71

@: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.
+:Market closed.
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.