6. Foreign Exchange Rates -Spot and Forward Premia - RBI - Reserve Bank of India
6. Foreign Exchange Rates -Spot and Forward Premia
Foreign | 1999 | 2000 | 1999 | 2000 | |||||||||
Currency | May 28 | May 22 | May 23 | May 24 | May 25 | May 26 | May 28 | May 22 | May 23 | May 24 | May 25 | May 26 | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 |
RBI's Reference Rate (Rs. per U.S. Dollar) | Foreign Currency per Rs. 100 @ | ||||||||||||
42.9900 | 43.9700 | 43.9800 | 44.0800 | 44.2900 | 44.3100 | (Based on Middle Rates) | |||||||
FEDAI Indicative Rates (Rs. per Foreign Currency) | |||||||||||||
U.S. | { Buying | 42.9800 | 43.9700 | 43.9700 | 44.0700 | 44.2700 | 44.3000 | 2.3261 | 2.2743 | 2.2738 | 2.2686 | 2.2578 | 2.2568 |
Dollar | Selling | 43.0000 | 43.9750 | 43.9800 | 44.0800 | 44.2900 | 44.3200 | ||||||
Pound | { Buying | 68.6825 | 65.3225 | 65.5825 | 64.7925 | 65.2550 | 65.4050 | 1.4554 | 1.5308 | 1.5253 | 1.5426 | 1.5344 | 1.5288 |
Sterling | Selling | 68.7350 | 65.3650 | 65.6100 | 64.8375 | 65.3275 | 65.4425 | ||||||
Euro | { Buying | 44.9050 | 39.4800 | 39.7675 | 39.8825 | 39.9850 | 40.6225 | 2.2270 | 2.5357 | 2.5140 | 2.5036 | 2.4991 | 2.4630 |
Selling | 44.9700 | 39.4975 | 39.8075 | 39.9225 | 40.0200 | 40.6500 | |||||||
100 Yen | { Buying | 35.6850 | 41.0600 | 41.0850 | 41.3600 | 41.0325 | 41.2275 | 280.16 | 243.46 | 243.05 | 241.71 | 243.19 | 242.62 |
Selling | 35.7125 | 41.0950 | 41.1075 | 41.3900 | 41.0700 | 41.2550 | |||||||
Inter-Bank Forward Premia of U.S. Dollar (per cent per annum) | |||||||||||||
1-month | 5.86 | 2.18 | 2.18 | 2.45 | 4.06 | 2.71 | |||||||
3-month | 5.95 | 2.09 | 2.09 | 2.72 | 3.16 | 2.89 | |||||||
6-month | 5.95 | 2.32 | 2.36 | 2.72 | 3.21 | 2.80 | |||||||
: These rates are based on RBI Reference rate for US dollar and middle rates of cross-currency quotes. These rates are announced by RBI with effect from January 29, 1998. | |||||||||||||
Note : The unified exchange rate system came into force on March 1, 1993. |