Foreign

2002

2003

2002

2003

Currency

Dec. 27

Dec. 22

Dec. 23

Dec. 24

Dec. 25+

Dec. 26

Dec. 27

Dec. 22

Dec. 23

Dec. 24

Dec. 25+

Dec. 26

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

48.0300

45.5200

45.6000

45.5900

45.5800

(Based on Middle Rates)

Euro

49.9100

56.4500

56.5600

56.5700

56.7700

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{

Buying

48.0200

45.5100

45.6000

45.5800

45.5700

2.0820

2.1968

2.1930

2.1935

2.1939

Dollar

Selling

48.0300

45.5200

45.6100

45.5900

45.5800

Pound

{

Buying

76.9900

80.3250

80.4525

80.4450

80.7900

1.2982

1.2445

1.2427

1.2431

1.2371

Sterling

Selling

77.0350

80.3875

80.5050

80.4850

80.8600

Euro

{

Buying

49.9025

56.3950

56.5475

56.5475

56.7575

2.0036

1.7715

1.7680

1.7677

1.7615

Selling

49.9600

56.4275

56.5850

56.5825

56.7925

100 Yen

Buying

40.0200

42.2800

42.4300

42.4400

42.5600

249.81

236.41

235.59

235.51

234.86

{

Selling

40.0450

42.3200

42.4725

42.4725

42.5900

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

1-month

3.25

—

0.41

0.20

0.16

3-month

3.33

–0.01

0.15

0.11

0.09

6-month

3.58

0.12

0.22

0.16

0.18

@ : 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.