Foreign

2003

2004

2003

2004

Currency

Dec. 19

Dec. 13

Dec. 14

Dec. 15

Dec. 16

Dec. 17

Dec. 19

Dec. 13

Dec. 14

Dec. 15

Dec. 16

Dec. 17

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

45.5200

44.3500

44.0900

44.1300

43.8900

44.0300

(Based on Middle Rates)

Euro

56.5400

58.8600

58.6000

58.7300

58.8700

58.4200

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{Buying

45.5100

44.3300

44.0950

44.1300

43.8850

44.0300

2.1968

2.2548

2.2681

2.2660

2.2784

2.2712

Dollar

Selling

45.5200

44.3400

44.1050

44.1400

43.8950

44.0400

Pound

{ Buying

80.6025

84.9675

84.7200

84.9375

85.1975

85.1275

1.2402

1.1762

1.1802

1.1770

1.1736

1.1749

Sterling

Selling

80.6300

85.0050

84.7650

85.0000

85.2400

85.1700

Euro

{ Buying

56.5325

58.8175

58.6075

58.7050

58.8575

58.4150

1.7687

1.6989

1.7065

1.7027

1.6987

1.7117

Selling

56.5675

58.8425

58.6425

58.7375

58.8950

58.4400

100 Yen

{ Buying

42.2725

42.2400

42.0400

41.9375

42.0725

42.1350

236.53

236.67

237.78

238.42

237.64

237.27

Selling

42.2925

42.2650

42.0725

41.9650

42.0925

42.1625

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

1-month

–0.61

2.27

2.59

2.58

2.87

2.81

3-month

–0.27

1.67

2.00

2.18

2.32

2.41

6-month

0.03

1.51

1.79

1.90

2.05

2.11

@: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.