6. Foreign Exchange Rates - Spot and Forward Premia - आरबीआय - Reserve Bank of India
6. Foreign Exchange Rates - Spot and Forward Premia
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Foreign |
1998 |
1999 |
1998 |
1999 |
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Currency |
Feb. 27 |
Feb. 22 |
Feb. 23 |
Feb. 27 |
Feb. 22 |
Feb. 23 |
Feb. 24 |
Feb. 25** |
Feb. 26** |
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1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
14 |
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RBI's Reference Rate (Rs. per U.S. Dollar) |
Foreign Currency per Rs. 100 @ |
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39.3000 |
42.4000 |
42.4400 |
42.4900 |
(Based on Middle Rates) |
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FEDAI Indicative Rates (Rs. per Foreign Currency) |
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U.S. |
{ Buying |
39.2850 |
42.3900 |
42.4350 |
42.4900 |
2.5445 |
2.3585 |
2.3563 |
2.3535 |
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Dollar |
Selling |
39.2950 |
42.4000 |
42.4450 |
42.4950 |
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Pound |
{ Buying |
64.5375 |
68.7575 |
68.9275 |
68.5150 |
1.5479 |
1.4540 |
1.4505 |
1.4604 |
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Sterling |
Selling |
64.5925 |
68.7950 |
68.9650 |
68.5750 |
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Euro |
{ Buying |
50.4400 $ |
46.7425 |
46.7800 |
46.7275 |
1.9798 $ |
2.1378 |
2.1369 |
2.1398 |
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Selling |
50.5800 $ |
46.7800 |
46.8125 |
46.7575 |
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100 Yen |
{ Buying |
30.9475 |
34.7525 |
35.2300 |
35.0175 |
323.03 |
287.85 |
283.58 |
285.70 |
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Selling |
30.9675 |
34.7750 |
35.2675 |
35.0350 |
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Inter-Bank Forward Premia of U.S. Dollar (per cent per annum) |
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1-month |
11.91 |
5.38 |
5.94 |
5.37 |
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3-month |
14.76 |
6.98 |
7.07 |
6.97 |
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6-month |
14.15 |
6.98 |
7.21 |
6.97 |
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Note: 1. The unified exchange rate system came into force on March 1, 1993. |
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2. With the introduction of Euro effective January 1, 1999, the buying and selling rates of Rupees per Deutsche Mark (FEDAI indicative |
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rates) and Deutsche Mark per Rs. 100 (middle rates) have been replaced by Rupees per Euro and Euro per Rs. 100, respectively. |
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@ : These rates are based on RBI Reference rate for US dollar and middle rates of cross-currency quotes. These rates are announced |
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by RBI with effect from January 29, 1998. |
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** : These rates were not received on account of banks strike. |