Foreign

2003

2004

2003

2004

Currency

Jul. 4

Jun. 28

Jun. 29

Jun. 30

Jul. 1

Jul. 2

Jul. 4

Jun. 28

Jun. 29

Jun. 30

Jul. 1

Jul. 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

46.3300

45.8400

45.9600

45.9800

45.8800

45.9600

(Based on Middle Rates)

Euro

53.1100

55.6400

55.8700

55.5400

55.7900

55.8900

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{Buying

46.3300

45.8300

45.9500

45.9700

45.8800

45.9500

2.1584

2.1815

2.1758

2.1749

2.1796

2.1758

Dollar

Selling

46.3400

45.8400

45.9600

45.9800

45.8900

45.9600

Pound

{ Buying

77.2975

83.4800

83.9150

82.8325

83.3650

83.5825

1.2950

1.1971

1.1913

1.2062

1.1998

1.1961

Sterling

Selling

77.3375

83.5200

83.9550

82.8800

83.4050

83.6250

Euro

{ Buying

53.1075

55.5925

55.8750

55.5000

55.7950

55.8850

1.8829

1.7973

1.7899

1.8005

1.7924

1.7892

Selling

53.1325

55.6225

55.9100

55.5350

55.8200

55.9100

100 Yen

{ Buying

39.1800

42.5150

42.3825

42.2750

42.4425

42.1250

255.28

235.15

235.86

236.35

235.58

237.26

Selling

39.2075

42.5475

42.3950

42.3075

42.4700

42.1525

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

1-month

3.37

3.01

3.00

2.74

2.88

2.48

3-month

3.11

2.14

2.39

2.31

2.40

2.05

6-month

2.76

1.57

1.70

1.67

1.81

1.65

@: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.