Foreign Currency

2008

Annual Appreciation (+) /
Depreciation (-) (per cent)

Mar. 31

Apr. 1+

Apr. 2

Apr. 3

Apr. 4

Mar. 31

Apr. 1+

Apr. 2

Apr. 3

Apr. 4

1

2

3

4

5

6

7

8

9

10

11

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

U.S.
Dollar

39.9700

39.9800

39.9500

39.9700

—

—

7.96

7.33

Euro

63.0900

62.2500

62.4900

62.6000

—

—

–7.76

–8.61

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{

Buying

39.9800

39.9800

39.9450

39.9600

—

—

7.97

7.36

Dollar

Selling

39.9900

39.9900

39.9550

39.9700

—

—

7.97

7.36

Pound

{

Buying

79.4950

79.1050

79.4025

79.7275

—

—

7.50

6.22

Sterling

Selling

79.5325

79.1350

79.4375

79.7600

—

—

7.51

6.22

Euro

{

Buying

63.0850

62.2250

62.4750

62.6100

—

—

–7.75

–8.64

Selling

63.1075

62.2525

62.5025

62.6325

—

—

–7.75

–8.63

100 Yen

{

Buying

40.0475

39.1375

38.8150

38.9700

—

—

–6.04

–7.40

Selling

40.0825

39.1600

38.8325

38.9875

—

—

–6.03

–7.40

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

1-month

3.45

3.00

2.70

2.55

3-month

2.75

2.60

2.30

2.75

6-month

2.50

2.50

2.25

2.48

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