Foreign Currency

2007

Annual appreciation (+)
/ depreciation (-) (per cent)

April 30

May 1+

May 2+

May 3

May 4

April 30

May 1+

May 2+

May 3

May 4

1

2

3

4

5

6

7

8

9

10

11

RBI's Reference Rate (Rs. per Foreign Currency)

U.S. Dollar

41.2900

41.1800

40.9000

—

8.94

9.95

Euro

56.2000

56.0700

55.4700

—

1.25

2.20

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

Buying

41.2900

41.1850

40.8900

—

8.92

9.97

Dollar

{ Selling

41.3000

41.1950

40.9000

—

8.92

9.96

Pound

{ Buying

82.2875

82.0525

81.2450

—

0.82

1.67

Sterling

Selling

82.3100

82.0775

81.2675

—

0.84

1.69

Euro

{ Buying

56.1875

56.0775

55.4550

—

1.23

2.20

Selling

56.2100

56.0950

55.4775

—

1.27

2.21

100 Yen

Buying

34.5700

34.2925

33.9950

—

15.73

15.92

{ Selling

34.5800

34.3075

34.0100

—

15.72

15.94

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

1-month

7.85

6.27

6.01

3-month

7.07

6.56

5.97

6-month

6.15

6.00

5.67

+ : Market closed.
— : Market closed on the corresponding day of the previous year.
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.