Foreign

1998

1999

1998

1999

Currency

Sep. 4

Aug. 30

Aug. 31

Sep. 1

Sep. 2

Sep. 3

Sep. 4

Aug. 30

Aug. 31

Sep. 1

Sep. 2

Sep. 3

1

2

3

4

5

6

7

8

9

10

11

12

13

14

RBI's Reference Rate (Rs. per U.S. Dollar)

Foreign Currency per Rs. 100@

42.5400

43.4900

43.4800

43.4700

43.5200

43.5100

(Based on Middle Rates)

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{ Buying

42.5350

43.4900

43.4750

43.4750

43.5150

43.5050

2.3507

2.2994

2.2999

2.3004

2.2978

2.2983

Dollar

Selling

42.5450

43.5000

43.4850

43.4850

43.5250

43.5150

Pound

{ Buying

71.1100

69.1700

69.2825

69.9250

69.5725

69.9475

1.4050

1.4468

1.4430

1.4304

1.4352

1.4292

Sterling

Selling

71.1700

69.2075

69.3200

69.9850

69.6325

70.0075

Euro

{ Buying

50.4400 $

45.5550

45.7275

46.0700

45.9725

46.5200

1.9798 $

2.1956

2.1850

2.1728

2.1744

2.1489

Selling

50.5800 $

45.5800

45.7550

46.1125

45.9975

46.5475

100 Yen

{ Buying

31.4600

39.1825

39.2225

39.7875

39.9150

39.6425

317.64

255.06

254.68

251.33

250.63

252.18

Selling

31.4925

39.2100

39.2500

39.8150

39.9425

39.6700

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

1-month

8.18

4.97

4.97

4.97

5.79

5.52

3-month

8.56

4.87

4.78

5.06

5.42

5.24

6-month

9.21

5.20

5.20

5.43

5.74

5.56

@ :

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.

$ :

These rates are as on January 4, 1999.

Note : 1. The unified exchange rate system came into force on March 1, 1993.

2. With the introduction of Euro effective January 1, 1999, the buying and selling rates of Rupees per Deutsche Mark (FEDAI indicative rates) and Deutsche Mark per Rs. 100 (middle rates) have been replaced by Rupees per Euro and Euro per Rs. 100, respectively.