Foreign

1999

2000

1999

2000

Currency

May 14

May 8

May 9

May 10

May 11

May 12

May 14

May 8

May 9

May 10

May 11

May 12

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@

42.7600

43.6400

43.6600

43.7400

43.9400

43.9200

(Based on Middle Rates)

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{ Buying

42.7550

43.6400

43.6600

43.7400

43.9300

43.9000

2.3386

2.2915

2.2904

2.2862

2.2758

2.2769

Dollar

Selling

42.7650

43.6500

43.6700

43.7500

43.9500

43.9200

Pound

{ Buying

69.1525

66.8525

66.8750

67.0325

66.3250

65.9725

1.4483

1.4954

1.4951

1.4921

1.5062

1.5137

Sterling

Selling

69.1800

66.8900

66.9100

67.0700

66.4000

66.0150

Euro

{ Buying

45.5800

38.4425

39.1025

39.6625

39.7425

39.6100

2.1937

2.5369

2.5554

2.5215

2.5111

2.5258

Selling

45.6100

38.4725

39.1325

39.7025

39.7825

39.6500

100 Yen

{ Buying

35.0175

40.0950

40.1100

39.9450

39.9475

40.5475

285.47

249.39

249.27

250.26

250.26

246.24

Selling

35.0400

40.1225

40.1575

39.9900

39.9825

40.6025

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

1-month

4.49

1.65

1.51

1.65

2.18

2.19

3-month

5.14

2.02

1.74

1.92

2.18

2.28

6-month

5.47

2.29

2.15

2.33

2.46

2.41

@ : 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.

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