Foreign Exchange Rates - Spot and Forward Premia

RbiAnnouncementWeb

Date: October 12, 2012

Foreign Currency	2012					Annual Appreciation(+)/Depreciation(-)(per cent)
	Oct. 1	Oct. 2+	Oct. 3	Oct. 4	Oct. 5	Oct. 1	Oct. 2 +	Oct. 3	Oct. 4	Oct. 5
	1	2	3	4	5	6	7	8	9	10
RBI's Reference Rate (` Per Foreign Currency)
US Dollar	52.7845		52.3345	51.9755	51.6185	—		–5.56	–5.29	–4.70
Euro	67.7850		67.4485	67.1980	67.1735	—		–2.37	–3.18	–2.58
Inter-Bank Forward Premia of US Dollar (per cent per annum)
1-month	7.73		7.57	7.62	7.79
3-month	6.90		7.11	7.16	7.21
6-month	6.40		6.46	6.62	6.70
— Market closed on the corresponding day of the previous year. + Market closed. Note: 1. The unified exchange rate system came in to force on March 1, 1993. 2. Euro reference rate was announced by RBI with effect from January 1, 2002.