Foreign

2002

2003

2002

2003

Currency

May 3

Apr. 28

Apr. 29

Apr. 30

May 1+

May 2

May 3

Apr. 28

Apr. 29

Apr. 30

May 1+

May 2

1

2

3

4

5

6

7

8

9

10

11

12

13

14

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

Foreign Currency per Rs. 100@

U.S. Dollar

48.9800

47.3600

47.3700

47.3500

47.3600

(Based on Middle Rates)

Euro

44.2300

52.4200

51.9800

52.7100

53.1800

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{

Buying

48.9700

47.3600

47.3650

47.3500

47.3500

2.0416

2.1115

2.1110

2.1119

2.1115

Dollar

Selling

48.9800

47.3700

47.3750

47.3600

47.3600

Pound

{

Buying

71.5850

75.6675

75.3200

75.5900

76.1525

1.3961

1.3216

1.3267

1.3229

1.3124

Sterling

Selling

71.6100

75.7075

75.3600

75.6150

76.1925

Euro

{

Buying

44.2200

52.4225

51.9350

52.6775

53.1400

2.2609

1.9077

1.9238

1.8972

1.8804

Selling

44.2375

52.4775

51.9750

52.6925

53.2000

100 Yen

Buying

38.2825

39.4675

39.4800

39.6625

39.8675

261.10

253.47

253.28

252.05

250.70

{

Selling

38.3075

39.4925

39.5050

39.6875

39.9025

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

1-month

5.88

1.52

1.52

1.01

0.76

3-month

6.04

1.94

1.86

1.52

1.44

6-month

6.00

2.11

1.98

1.73

1.60

@ : 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.
+ : 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.