Foreign

2003

2004

2003

2004

Currency

Aug. 29

Aug. 23

Aug. 24

Aug. 25

Aug. 26

Aug. 27

Aug. 29

Aug. 23

Aug. 24

Aug. 25

Aug. 26

Aug. 27

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

45.8500

46.2500

46.2900

46.3300

46.3500

46.3100

(Based on Middle Rates)

Euro

49.9100

56.8700

56.2500

55.9800

55.9400

56.1300

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{Buying

45.8450

46.2400

46.2900

46.3200

46.3400

46.3100

2.1810

2.1622

2.1603

2.1584

2.1575

2.1594

Dollar

Selling

45.8550

46.2500

46.3000

46.3300

46.3500

46.3200

Pound

{ Buying

72.3525

84.0225

83.6650

83.1450

83.3000

83.4175

1.3826

1.1897

1.1954

1.2022

1.2012

1.1986

Sterling

Selling

72.3925

84.0550

83.7100

83.1750

83.3325

83.4600

Euro

{ Buying

49.9350

56.8700

56.2375

55.9825

55.9650

56.1375

2.0036

1.7584

1.7778

1.7864

1.7876

1.7816

Selling

49.9600

56.8975

56.2650

56.0000

56.0000

56.1575

100 Yen

{ Buying

39.1575

42.3025

42.1175

42.2775

42.0325

42.3725

255.30

236.27

237.47

236.42

237.53

236.01

Selling

39.1750

42.3150

42.1400

42.3075

42.0600

42.3900

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

1-month

1.83

3.11

2.98

2.98

2.98

2.72

3-month

1.05

2.94

2.89

2.81

2.80

2.68

6-month

0.96

2.77

2.66

2.53

2.52

2.44

@:These rates are based on RBI Reference rate for US dollar, Euro 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.