Foreign

2002

2003

2002

2003

Currency

Mar. 1**

Feb. 24

Feb. 25

Feb. 26

Feb. 27

Feb. 28

Mar. 1

   Feb. 24

   Feb. 25

   Feb. 26

   Feb. 27

   Feb. 28

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

48.7500

47.7100

47.7600

47.6900

47.6800

47.6700

(Based on Middle Rates)

Euro

42.2700

51.1800

51.5700

51.2900

51.4600

51.2500

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{

Buying

47.7050

47.7500

47.6900

47.6750

47.6650

2.0513

2.0960

2.0938

2.0969

2.0973

2.0978

Dollar

Selling

47.7150

47.7600

47.7000

47.6850

47.6750

Pound

{

Buying

75.2725

75.8225

75.0400

75.5800

75.1925

1.4473

1.3282

1.3193

1.3323

1.3228

1.3293

Sterling

Selling

75.3125

75.8625

75.1025

75.6150

75.2450

Euro

{

Buying

51.1600

51.5900

51.2850

51.4450

51.2300

2.3657

1.9539

1.9391

1.9497

1.9433

1.9512

Selling

51.1875

51.6150

51.3100

51.4800

51.2650

100 Yen

{

Buying

40.2000

40.6700

40.5850

40.7300

40.4825

274.08

248.68

245.76

246.38

245.42

246.92

Selling

40.2250

40.6875

40.6100

40.7575

40.5025

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

1-month

6.89

3.52

3.27

3.27

3.78

3.52

3-month

6.40

3.94

3.85

3.86

3.78

3.61

6-month

5.99

3.90

3.81

3.73

3.78

3.44

@

:

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.

**

:

FEDAI Indicative Rates were not announced on March 1, 2002.

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.