Foreign

1998

1999

1998

1999

Currency

Sep. 11

Sep. 6

Sep. 7

Sep. 8

Sep. 9

Sep. 10

Sep. 11

Sep. 6

Sep. 7

Sep. 8

Sep. 9

Sep. 10

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@

42.5100

43.4800

43.4900

43.5100

43.5100

43.5400

(Based on Middle Rates)

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{ Buying

42.4950

43.4750

43.4800

43.5050

43.5050

43.5300

2.3524

2.2999

2.2994

2.2983

2.2983

2.2967

Dollar

Selling

42.5150

43.4850

43.4900

43.5150

43.5150

43.5400

Pound

{ Buying

71.9225

69.8200

69.7075

69.9375

70.5950

71.0325

1.3910

1.4315

1.4341

1.4286

1.4150

1.4072

Sterling

Selling

71.9775

69.8575

69.7450

69.9975

70.6550

71.0800

Euro

{ Buying

50.4400 $

46.0450

45.9800

46.2375

46.1725

45.8150

1.9798 $

2.1703

2.1747

2.1620

2.1638

2.1814

Selling

50.5800 $

46.0775

46.0125

46.2700

46.2050

45.8475

100 Yen

{ Buying

32.2450

39.6950

39.5925

39.2325

39.8975

40.0325

309.93

251.85

252.39

254.90

250.33

249.95

Selling

32.2850

39.7150

39.6375

39.2600

39.9450

40.0600

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

1-month

7.34

6.35

6.62

6.07

5.52

5.24

3-month

8.09

5.61

5.79

5.61

5.33

5.24

6-month

8.42

5.80

5.93

5.75

5.56

5.47

@

:

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rates) and Deutsche Mark per Rs. 100 (middle rates) have been replaced by Rupees per Euro and Euro per Rs. 100, respectively.