Foreign

2002

2003

2002

2003

Currency

Feb. 8

Feb. 3

Feb. 4

Feb. 5

Feb. 6

Feb. 7

Feb. 8

Feb. 3

Feb. 4

Feb. 5

Feb. 6

     Feb. 7

1

2

3

4

5

6

7

8

9

10

11

12

13

14

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

Foreign Currency per Rs. 100@

U.S. Dollar

48.6700

47.7800

47.7800

47.7600

47.7300

47.7200

(Based on Middle Rates)

Euro

42.4100

51.3100

51.4800

52.0300

51.5100

51.5900

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{

Buying

48.6600

47.7750

47.7800

47.7400

47.7300

47.7150

2.0547

2.0929

2.0929

2.0938

2.0951

2.0956

Dollar

Selling

48.6700

47.7850

47.7900

47.7500

47.7400

47.7250

Pound

{

Buying

68.7950

78.5950

78.5650

78.8900

78.3525

77.8950

1.4528

1.2714

1.2730

1.2667

1.2755

1.2822

Sterling

Selling

68.8475

78.6350

78.5900

78.9175

78.3975

77.9350

Euro

{

Buying

42.3925

51.3000

51.5450

52.1425

51.4475

51.5325

2.3579

1.9489

1.9425

1.9220

1.9414

1.9384

Selling

42.4250

51.3250

51.5600

52.1675

51.4725

51.5675

100 Yen

{

Buying

36.4025

39.7175

39.7925

39.9625

39.7725

39.7750

274.63

251.71

251.25

250.01

251.34

251.19

Selling

36.4150

39.7425

39.8175

39.9825

39.7900

39.8000

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

1-month

4.93

3.52

3.01

3.02

3.27

3.02

3-month

5.51

3.60

3.52

3.43

3.52

3.44

6-month

5.51

3.52

3.47

3.52

3.44

3.48

@

:

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.

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.