Inter-Bank Forward Premia of U.S. Dollar (per cent per annum)
1-month
7.05
3.97
4.53
4.52
4.52
4.25
3-month
7.69
6.05
6.61
6.50
6.50
6.13
6-month
7.58
7.28
7.65
7.73
7.68
7.41
Note
:
The unified exchange rate system came into force on March 1, 1993.
@
:
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.
*
:
These rates are based on Foreign Exchange Dealers' Association of India (FEDAI) indicative rates (middle rates).