Foreign Currency

2007

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

May 7

May 8

May 9

May 10

May 11

May 7

May 8

May 9

May 10

May 11

1

2

3

4

5

6

7

8

9

10

11

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

U.S.

Dollar

40.5700

40.7800

40.9100

41.0000

41.3400

—

10.05

9.90

9.59

9.02

Euro

55.1900

55.5300

55.4200

55.5800

55.7400

—

2.88

2.85

3.18

3.07

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{ Buying

40.5800

40.7800

40.8850

40.9850

41.3300

—

10.03

9.95

9.58

9.02

Dollar

Selling

40.5900

40.7900

40.8950

40.9950

41.3400

—

10.03

9.95

9.57

9.02

Pound

{ Buying

81.0225

81.3525

81.3975

81.7975

81.7675

—

2.61

2.42

2.45

2.30

Sterling

Selling

81.0625

81.3850

81.4300

81.8375

81.8025

—

2.61

2.42

2.46

2.30

Euro

{ Buying

55.2225

55.5050

55.3700

55.5675

55.7300

—

2.92

2.94

3.17

3.05

Selling

55.2425

55.5275

55.3875

55.5850

55.7550

—

2.91

2.94

3.18

3.08

100 Yen

{ Buying

33.8475

33.9925

34.1100

34.1400

34.4800

—

18.15

17.83

18.54

17.55

Selling

33.8675

34.0150

34.1300

34.1625

34.4950

—

18.13

17.85

18.52

17.53

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

1-month

4.88

4.56

4.25

4.54

4.35

3-month

5.42

5.64

6.55

4.98

4.45

6-month

5.47

5.66

5.52

4.98

4.60

— : 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.