Foreign

2006

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

Currency

May 1+

May 2

May 3

May 4

May 5

May 1

May 2

May 3

May 4

May 5

1

2

3

4

5

6

7

8

9

10

11

12

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

U.S. Dollar

44.9000

44.8600

44.9700

44.8800

—

–2.96

–2.81

–3.18

–3.28

Euro

56.4700

56.7700

56.6900

56.9400

—

–0.81

–1.39

–0.53

–1.18

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{Buying

44.8900

44.8600

44.9650

44.8750

—

–2.96

–2.83

–3.19

–3.26

Dollar

Selling

44.9000

44.8700

44.9750

44.8850

—

–2.96

–2.83

–3.19

–3.28

Pound

{Buying

81.8525

82.7275

82.6050

83.0550

—

1.33

–0.26

0.10

–0.43

Sterling

Selling

81.8800

82.7675

82.6425

83.0900

—

1.36

–0.25

0.10

–0.43

Euro

{Buying

56.4300

56.7700

56.6750

56.9050

—

–0.76

–1.41

–0.56

–1.14

Selling

56.4525

56.8050

56.7050

56.9325

—

–0.75

–1.43

–0.57

–1.15

100 Yen

{Buying

39.4475

39.6850

39.4075

39.4550

—

4.88

4.33

5.45

5.39

Selling

39.4650

39.7000

39.4300

39.4775

—

4.88

4.35

5.43

5.37

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

1-month

1.74

1.74

1.57

1.36

3-month

1.56

1.47

1.32

1.22

6-month

1.54

1.40

1.33

1.21

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