Foreign

2002

2003

2002

2003

Currency

Nov. 1

Oct. 27

Oct. 28

Oct. 29

Oct. 30

Oct. 31

Nov. 1

Oct. 27

Oct. 28

Oct. 29

Oct. 30

Oct. 31

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

48.3400

45.3400

45.4000

45.3100

45.3200

45.3200

(Based on Middle Rates)

Euro

47.8700

53.2900

53.1700

52.9900

52.8600

52.6600

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{

Buying

48.3400

45.3350

45.3900

45.3050

45.3050

45.3100

2.0687

2.2056

2.2026

2.2070

2.2065

2.2065

Dollar

Selling

48.3500

45.3450

45.4000

45.3150

45.3150

45.3200

Pound

{

Buying

75.6075

76.7975

76.8000

77.0775

76.9875

76.8100

1.3224

1.3019

1.3015

1.2971

1.2982

1.3009

Sterling

Selling

75.6475

76.8375

76.8400

77.1175

77.0275

76.8500

Euro

{

Buying

47.8625

53.2775

53.1525

52.9975

52.8900

52.6550

2.0890

1.8765

1.8808

1.8871

1.8918

1.8990

Selling

47.8950

53.2975

53.1725

53.0325

52.9150

52.6900

100 Yen

Buying

39.4100

41.7450

41.9025

41.9425

41.8900

41.5725

253.63

239.49

238.51

238.31

238.53

240.43

{

Selling

39.4275

41.7650

41.9325

41.9700

41.9300

41.6000

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

1-month

3.72

–0.93

–0.01

—

0.66

0.93

3-month

3.89

–0.13

0.31

0.18

0.57

0.66

6-month

4.01

0.20

0.42

0.31

0.71

0.64

@ : These rates are based on RBI Reference rate for US dollar, Euro and middle rates of cross-currency quotes. These rates are announced by RBI with effect from January 29, 1998.
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.