6. Foreign Exchange Rates - Spot and Forward Premia - ربی - Reserve Bank of India
6. Foreign Exchange Rates - Spot and Forward Premia
Foreign |
2003 |
2004 |
2003 |
2004 |
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Currency |
Apr. 4 |
Mar. 29 |
Mar. 30+ |
Mar. 31 |
Apr. 1+ |
Apr. 2 |
Apr. 4 |
Mar. 29 |
Mar. 30+ |
Mar. 31 |
Apr. 1+ |
Apr. 2 |
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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@ |
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U.S. Dollar |
47.4000 |
44.1200 |
43.3900 |
43.7700 |
(Based on Middle Rates) |
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Euro |
50.8300 |
53.2300 |
53.1000 |
53.9600 |
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FEDAI Indicative Rates (Rs. per Foreign Currency) |
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U.S. |
{ |
Buying |
47.3950 |
44.1200 |
43.4300 |
43.7600 |
2.1097 |
2.2665 |
2.3047 |
2.2847 |
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Dollar |
Selling |
47.4050 |
44.1400 |
43.4600 |
43.7700 |
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Pound |
{Buying |
74.3250 |
79.7650 |
79.6475 |
80.9650 |
1.3451 |
1.2532 |
1.2563 |
1.2344 |
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Sterling |
Selling |
74.3650 |
79.8225 |
79.7150 |
81.0050 |
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Euro |
{Buying |
50.7750 |
53.2225 |
53.1450 |
53.9775 |
1.9673 |
1.8786 |
1.8832 |
1.8532 |
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Selling |
50.8075 |
53.2625 |
53.2000 |
54.0125 |
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100 Yen |
{Buying |
39.4525 |
41.7675 |
41.6525 |
41.9675 |
253.39 |
239.26 |
240.09 |
238.19 |
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Selling |
39.4875 |
41.8075 |
41.6925 |
41.9975 |
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Inter-Bank Forward Premia of U.S. Dollar (per cent per annum) |
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1-month |
2.53 |
2.37 |
2.21 |
2.03 |
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3-month |
2.78 |
1.31 |
1.24 |
0.99 |
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6-month |
2.91 |
0.92 |
0.92 |
0.74 |
@ : 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.
+ : 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.