Foreign

1999

2000

1999

2000

Currency

May 28

May 22

May 23

May 24

May 25

May 26

May 28

May 22

May 23

May 24

May 25

May 26

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 @

42.9900

43.9700

43.9800

44.0800

44.2900

44.3100

(Based on Middle Rates)

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{ Buying

42.9800

43.9700

43.9700

44.0700

44.2700

44.3000

2.3261

2.2743

2.2738

2.2686

2.2578

2.2568

Dollar

Selling

43.0000

43.9750

43.9800

44.0800

44.2900

44.3200

Pound

{ Buying

68.6825

65.3225

65.5825

64.7925

65.2550

65.4050

1.4554

1.5308

1.5253

1.5426

1.5344

1.5288

Sterling

Selling

68.7350

65.3650

65.6100

64.8375

65.3275

65.4425

Euro

{ Buying

44.9050

39.4800

39.7675

39.8825

39.9850

40.6225

2.2270

2.5357

2.5140

2.5036

2.4991

2.4630

Selling

44.9700

39.4975

39.8075

39.9225

40.0200

40.6500

100 Yen

{ Buying

35.6850

41.0600

41.0850

41.3600

41.0325

41.2275

280.16

243.46

243.05

241.71

243.19

242.62

Selling

35.7125

41.0950

41.1075

41.3900

41.0700

41.2550

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

1-month

5.86

2.18

2.18

2.45

4.06

2.71

3-month

5.95

2.09

2.09

2.72

3.16

2.89

6-month

5.95

2.32

2.36

2.72

3.21

2.80

@

: 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.

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