Foreign Currency

2008

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

May 19+

May 20

May 21

May 22

May 23

May 19+

May 20

May 21

May 22

May 23

1

2

3

4

5

6

7

8

9

10

11

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

U.S. Dollar

42.6700

42.7200

43.1500

42.8400

—

–4.96

–5.82

–5.35

Euro

66.3900

66.9000

68.1000

67.3200

—

–17.98

–19.62

–18.92

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{

Buying

42.6650

42.7100

43.1500

42.8300

—

–4.94

–5.84

–5.30

Dollar

Selling

42.6750

42.7200

43.1600

42.8400

—

–4.94

–5.84

–5.30

Pound

{

Buying

83.3800

83.9325

85.0650

84.8200

—

–4.53

–5.80

–5.55

Sterling

Selling

83.4125

83.9625

85.1075

84.8575

—

–4.53

–5.82

–5.56

Euro

{

Buying

66.3950

66.8500

68.0725

67.3325

—

–17.92

–19.61

–18.94

Selling

66.4225

66.8825

68.0975

67.3525

—

–17.93

–19.61

–18.93

100 Yen

{

Buying

41.0400

41.3250

41.8200

41.1200

—

–18.98

–19.94

–18.92

Selling

41.0625

41.3550

41.8425

41.1450

—

–19.01

–19.93

–18.93

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

1-month

2.81

3.23

3.48

2.94

3-month

2.06

2.53

2.64

2.52

6-month

1.50

1.78

1.90

1.87

— : 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.