(Rupees per Unit of Foreign Currency)

FEDAI Indicative Rates

Date

RBI Re-US

US Dollar

Pound Sterling

Euro

One Hundred

Dollar

Japanese Yen

Reference

Rate

Buying

Selling

Buying

Selling

Buying

Selling

Buying

Selling

1

2

3

4

5

6

7

8

9

10

May 3,

1999

42.7800

42.7800

42.7900

68.8550

68.8925

45.2525

45.3050

35.7300

35.7675

May 4,

1999

42.7500

42.7450

42.7550

68.8800

68.9175

45.2450

45.3000

35.5025

35.5400

May 5,

1999

42.7300

42.7250

42.7350

69.5300

69.5900

45.4975

45.5300

35.3225

35.3450

May 6,

1999

42.7300

42.7200

42.7300

69.7825

69.8425

45.9150

45.9700

35.4650

35.4875

May 7,

1999

42.7500

42.7400

42.7500

69.9950

70.0550

46.0525

46.0800

35.4800

35.5025

May 10,

1999

42.7300

42.7250

42.7350

69.6250

69.6625

45.8275

45.8450

35.4025

35.4200

May 11,

1999

42.7200

42.7200

42.7300

69.4500

69.5100

46.1075

46.1350

35.3825

35.4000

May 12,

1999

42.7500

42.7400

42.7500

69.3450

69.3750

45.8375

45.8700

35.3700

35.4075

May 13,

1999

42.7500

42.7450

42.7550

69.1950

69.2325

45.5950

45.6275

35.2500

35.2725

May 14,

1999

42.7600

42.7550

42.7650

69.1525

69.1800

45.5800

45.6100

35.0175

35.0400

May 17,

1999

42.7400

42.7300

42.7400

69.0525

69.1100

45.5250

45.5575

34.6775

34.7000

May 18,

1999

42.7300

42.7300

42.7400

69.2900

69.3275

45.6825

45.7350

34.7925

34.8150

May 19,

1999

42.7300

42.7200

42.7300

69.1250

69.1625

45.4975

45.5500

34.5075

34.5425

May 20,

1999

42.7600

42.7550

42.7650

68.9775

69.0350

45.6250

45.6425

34.3025

34.3375

May 21,

1999

42.7500

42.7500

42.7600

68.7075

68.7675

45.3150

45.3550

34.5075

34.5275

May 24,

1999

42.7500

42.7400

42.7500

68.4000

68.4375

45.1200

45.1575

34.4400

34.4625

May 25,

1999

42.7400

42.7400

42.7500

68.2775

68.3150

45.2825

45.3150

34.7675

34.7900

May 26,

1999

42.8100

42.8000

42.8200

68.5825

68.6350

45.3550

45.3975

35.0850

35.1300

May 27,

1999

42.9000

42.9000

42.9100

68.4050

68.4425

44.8600

44.8800

35.0350

35.0525

May 28,

1999

42.9900

42.9800

43.0000

68.6825

68.7350

44.9050

44.9700

35.6850

35.7125

May 31,

1999

42.8400

42.8400

42.8500

68.6375

68.6975

44.8075

44.8425

35.2825

35.3050

FEDAI :Foreign Exchange Dealers' Association of India.

Source: FEDAI for FEDAI rates.

Note :

With the introduction of Euro effective January 1, 1999, the buying and selling rates of Rupees per Deutsche Mark (FEDAI indicative rates) has been replaced by Rupees per Euro.