Foreign Currency

2007

Annual appreciation (+) / depreciation (-) (per cent)

Mar. 12

Mar. 13

Mar. 14

Mar. 15

Mar. 16

Mar. 12

Mar. 13

Mar. 14

Mar. 15

Mar. 16

1

2

3

4

5

6

7

8

9

10

11

RBI's Reference Rate (Rs. per Foreign Currency)

U.S.

Dollar

44.2200

44.2200

44.3100

44.2200

44.1700

—

0.70

0.36

—

0.54

Euro

58.0300

58.2400

58.4700

58.4700

58.6700

—

–8.72

–9.00

—

–8.79

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

Buying

44.2100

44.2200

44.3050

44.2300

44.1600

—

0.69

0.35

—

0.54

Dollar

{ Selling

44.2200

44.2300

44.3150

44.2400

44.1700

—

0.69

0.35

—

0.54

Pound

{ Buying

85.5150

85.2750

85.4500

85.5325

85.5600

—

–9.83

–9.74

—

–9.45

Sterling

Selling

85.5525

85.3075

85.4875

85.5725

85.6025

—

–9.83

–9.74

—

–9.45

Euro

{ Buying

58.0200

58.2325

58.4725

58.4800

58.6625

—

–8.75

–9.01

—

–8.82

Selling

58.0400

58.2650

58.4950

58.4975

58.6850

—

–8.76

–9.00

—

–8.81

100 Yen

Buying

37.3875

37.6725

38.1650

37.7175

37.6975

—

–0.58

–1.72

—

–0.05

{ Selling

37.4050

37.6900

38.1825

37.7400

37.7125

—

–0.60

–1.70

—

–0.04

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

1-month

4.48

4.75

5.28

5.83

7.06

3-month

3.39

3.75

4.02

4.25

4.39

6-month

3.05

3.35

3.45

3.55

3.65

— : Market closed on the corresponding day of the previous year.
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.