6. Foreign Exchange Rates - Spot and Forward Premia
82661168
6. Foreign Exchange Rates - Spot and Forward Premia
ਤਾਰੀਖ: ਨਵੰਬਰ 28, 1998
Foreign
1997
1998
1997
1998
Currency
Nov. 21
Nov. 16
Nov. 17
Nov. 18
Nov. 19
Nov. 20
Nov. 21*
Nov. 16
Nov. 17
Nov. 18
Nov. 19
Nov. 20
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@
37.4700
42.3300
42.3700
42.4400
42.4700
42.4000
(Based on Middle Rates)
FEDAI Indicative Rates (Rs. per Foreign Currency)
U.S.
Buying
37.4650
42.3200
42.3650
42.4350
42.4600
42.3950
2.6688
2.3624
2.3602
2.3563
2.3546
2.3585
Dollar
Selling
37.4750
42.3300
42.3750
42.4450
42.4700
42.4050
Pound
Buying
63.2550
70.5600
70.9650
71.0400
70.8075
70.5125
1.5805
1.4167
1.4088
1.4072
1.4114
1.4178
Sterling
Selling
63.2850
70.5975
71.0025
71.0775
70.8225
70.5700
Deutsche
Buying
21.4750
25.2175
25.3750
25.4250
25.3225
25.1125
4.6544
3.9644
3.9392
3.9325
3.9475
3.9782
Mark
Selling
21.4950
25.2300
25.3975
25.4400
25.3350
25.1250
100 Yen
Buying
29.7100
34.5750
34.9400
34.9500
34.8600
35.5375
336.40
289.20
286.21
285.90
286.45
282.08
Selling
29.7425
34.5975
34.9775
34.9725
34.8825
35.5750
Inter-Bank Forward Premia of U.S. Dollar (per cent per annum)
1-month
7.05
3.97
4.53
4.52
4.52
4.25
3-month
7.69
6.05
6.61
6.50
6.50
6.13
6-month
7.58
7.28
7.65
7.73
7.68
7.41
Note
:
The unified exchange rate system came into force on March 1, 1993.
@
:
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 based on Foreign Exchange Dealers' Association of India (FEDAI) indicative rates (middle rates).
