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 |
Aug. 1 |
Jul. 26 |
Jul. 27 |
Jul. 28 |
Jul. 29 |
Jul. 30 |
Aug. 1 |
Jul. 26 |
Jul. 27 |
Jul. 28 |
Jul. 29 |
Jul. 30 |
|
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 |
46.1600 |
46.2700 |
46.2700 |
46.3100 |
46.4300 |
46.4500 |
(Based on Middle Rates) |
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Euro |
51.7800 |
56.0600 |
56.1200 |
55.8900 |
56.0800 |
55.9500 |
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FEDAI Indicative Rates (Rs. per Foreign Currency) |
|||||||||||||
U.S. |
{Buying |
46.1500 |
46.2700 |
46.2600 |
46.3200 |
46.4100 |
46.4400 |
2.1664 |
2.1612 |
2.1612 |
2.1594 |
2.1538 |
2.1529 |
Dollar |
Selling |
46.1600 |
46.2900 |
46.2700 |
46.3300 |
46.4200 |
46.4500 |
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Pound |
{ Buying |
74.1300 |
84.9425 |
85.1100 |
84.4375 |
84.7950 |
84.2875 |
1.3476 |
1.1777 |
1.1745 |
1.1840 |
1.1786 |
1.1860 |
Sterling |
Selling |
74.1750 |
85.0025 |
85.1500 |
84.4650 |
84.8325 |
84.3200 |
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Euro |
{ Buying |
51.7350 |
56.1125 |
56.1550 |
55.8700 |
56.0450 |
55.9225 |
1.9312 |
1.7838 |
1.7819 |
1.7892 |
1.7832 |
1.7873 |
Selling |
51.7600 |
56.1550 |
56.1800 |
55.9075 |
56.0700 |
55.9575 |
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100 Yen |
{ Buying |
38.2800 |
42.2050 |
42.0850 |
41.7000 |
41.5675 |
41.5225 |
260.90 |
237.18 |
237.63 |
239.61 |
240.42 |
240.73 |
Selling |
38.2975 |
42.2400 |
42.1125 |
41.7375 |
41.5925 |
41.5500 |
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Inter-Bank Forward Premia of U.S. Dollar (per cent per annum) |
|||||||||||||
1-month |
2.86 |
2.98 |
2.72 |
3.24 |
2.97 |
3.10 |
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3-month |
2.34 |
2.72 |
2.72 |
2.76 |
3.06 |
2.93 |
|||||||
6-month |
2.12 |
2.36 |
2.40 |
2.55 |
2.82 |
2.58 |
@ : 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.