Foreign

2002

2003

2002

2003

Currency

Jul. 19

Jul. 14

Jul. 15

Jul. 16

Jul. 17

Jul. 18

Jul. 19

Jul. 14

Jul. 15

Jul. 16

Jul. 17

Jul. 18

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

48.7400

46.0600

46.1200

46.2000

46.2600

46.2300

(Based on Middle Rates)

Euro

49.5500

51.9000

52.0700

51.5100

51.9000

51.9300

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{

Buying

48.7400

46.0800

46.1150

46.1850

46.2500

46.2250

2.0517

2.1711

2.1683

2.1645

2.1617

2.1631

Dollar

Selling

48.7500

46.0900

46.1250

46.1950

46.2600

46.2350

Pound

{

Buying

77.0575

74.9950

74.3800

73.4475

73.8800

73.6875

1.2967

1.3335

1.3447

1.3606

1.3534

1.3559

Sterling

Selling

77.1225

75.0400

74.4225

73.5100

73.9200

73.7275

Euro

{

Buying

49.5250

51.8950

52.0875

51.5000

51.9100

51.9025

2.0182

1.9268

1.9205

1.9414

1.9268

1.9257

Selling

49.5550

51.9250

52.1075

51.5225

51.9350

51.9275

100 Yen

Buying

42.0250

39.1300

39.2000

39.0300

39.1075

38.8225

237.74

255.61

255.05

256.01

255.48

257.51

{

Selling

42.0550

39.1600

39.2250

39.0725

39.1375

38.8500

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

1-month

3.94

2.87

2.86

3.12

3.11

2.86

3-month

4.27

2.87

2.95

3.03

2.77

2.68

6-month

4.39

2.34

2.39

2.60

2.29

2.25

@ : 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.