Foreign

2002

2003

2002

2003

Currency

Jul. 5

Jun. 30

Jul. 1

Jul. 2

Jul. 3

Jul. 4

Jul. 5

Jun. 30

Jul. 1

Jul. 2

Jul. 3

Jul. 4

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

48.8200

46.4700

46.4800

46.4600

46.4100

46.3300

(Based on Middle Rates)

Euro

47.5600

53.1200

53.5700

53.7000

53.4800

53.1100

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{

Buying

48.8150

46.4800

46.4800

46.4500

46.4000

46.3300

2.0483

2.1519

2.1515

2.1524

2.1547

2.1584

Dollar

Selling

48.8250

46.4900

46.4900

46.4600

46.4100

46.3400

Pound

{

Buying

74.1200

76.7525

76.9425

77.3050

77.2425

77.2975

1.3490

1.3029

1.2997

1.2930

1.2942

1.2950

Sterling

Selling

74.1650

76.7925

76.9700

77.3575

77.2775

77.3375

Euro

{

Buying

47.5550

53.1500

53.5600

53.6950

53.4350

53.1075

2.1026

1.8825

1.8667

1.8622

1.8699

1.8829

Selling

47.5800

53.1700

53.5750

53.7250

53.4925

53.1325

100 Yen

Buying

40.5200

38.8050

38.7725

39.0125

39.2125

39.1800

246.78

257.84

257.98

256.32

254.81

255.28

{

Selling

40.5450

38.8300

38.7875

39.0475

39.2300

39.2075

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

1-month

4.18

3.36

3.36

3.36

3.62

3.37

3-month

4.59

3.18

3.18

3.10

3.36

3.11

6-month

4.71

2.67

2.75

2.76

2.84

2.76

@ : 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.