Foreign

1998

1999

1998

1999

Currency

Jun. 19

Jun. 14

Jun. 15

Jun. 16

Jun. 17

Jun. 18

Jun. 19

Jun. 14

Jun. 15

Jun. 16

Jun. 17

Jun. 18

1

2

3

4

5

6

7

8

9

10

11

12

13

14

RBI's Reference Rate (Rs. per U.S. Dollar)

Foreign Currency per Rs. 100@

42.2000

43.1300

43.1800

43.1900

43.1700

43.1500

(Based on Middle Rates)

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{ Buying

42.1900

43.1300

43.1700

43.1850

43.1600

43.1450

2.3697

2.3186

2.3159

2.3154

2.3164

2.3175

Dollar

Selling

42.2100

43.1500

43.1800

43.1950

43.1800

43.1550

Pound

{ Buying

70.5075

69.4175

69.3775

68.8025

68.6725

68.6350

1.4179

1.4403

1.4396

1.4548

1.4553

1.4538

Sterling

Selling

70.5825

69.4725

69.4375

68.8400

68.7475

68.6950

Euro

{ Buying

50.4400 $

45.2425

44.9475

44.9650

44.4850

44.4225

1.9798 $

2.2089

2.2234

2.2234

2.2467

2.2468

Selling

50.5800 $

45.2850

44.9775

44.9875

44.5150

44.4450

100 Yen

{ Buying

30.8875

35.7125

35.8650

35.8500

35.9325

36.1200

322.88

279.62

278.75

278.82

278.15

276.70

Selling

30.9150

35.7575

35.8925

35.8675

35.9650

36.1425

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

1-month

11.37

4.45

5.00

4.45

4.45

4.17

3-month

11.37

5.01

5.37

4.82

4.73

4.73

6-month

10.47

5.33

5.51

5.05

5.05

5.01

@ :

These rates are based on RBI Reference rate for US dollar and middle rates of cross-currency quotes. These rates are announced by RBI with effect from January 29, 1998

$ :

These rates are as on January 4, 1999.

Note :

1. The unified exchange rate system came into force on March 1, 1993.

2. With the introduction of Euro effective January 1, 1999, the buying and selling rates of Rupees per Deutsche Mark (FEDAI indicative rates) and Deutsche Mark per Rs. 100 (middle rates) have been replaced by Rupees per Euro and Euro per Rs. 100, respectively.