Foreign

1999

2000

1999

2000

Currency

Feb. 24

*

Feb. 21

Feb. 22

Feb. 23

Feb. 24

Feb. 25

Feb. 24*

Feb. 21

Feb. 22

Feb. 23

Feb. 24

Feb. 25

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@

42.4900

43.5800

43.5900

43.5900

43.6000

43.6100

(Based on Middle Rates)

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{ Buying

42.4900

43.6000

43.6050

43.6050

43.6050

43.6200

2.3535

2.2936

2.2931

2.2931

2.2931

2.2920

Dollar

Selling

42.4950

43.6100

43.6150

43.6150

43.6150

43.6300

Pound

{ Buying

68.5150

69.6950

70.0000

70.3175

69.9325

69.7050

1.4604

1.4344

1.4279

1.4210

1.4294

1.4330

Sterling

Selling

68.5750

69.7550

70.0600

70.3775

69.9625

69.7650

Euro

{ Buying

46.7275

43.0200

43.2900

43.8750

43.6475

43.2325

2.1398

2.3239

2.3086

2.2784

2.2882

2.3111

Selling

46.7575

43.0525

43.3225

43.9025

43.6850

43.2675

100 Yen

{ Buying

35.0175

39.4025

39.2300

39.5150

39.3025

39.3750

285.70

253.67

254.87

253.03

254.24

254.15

Selling

35.0350

39.4475

39.2575

39.5425

39.3450

39.4200

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

1-month

5.37

3.85

3.30

3.30

3.03

3.30

3-month

6.97

3.03

3.03

3.03

3.03

3.12

6-month

6.97

2.84

2.80

2.80

2.84

2.89

@

: 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.

*

: Rates for 25 & 26 February, 1999 were not available due to Bank strike.

Note

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