6. Foreign Exchange Rates - Spot and Forward Premia - RBI - Reserve Bank of India
6. Foreign Exchange Rates - Spot and Forward Premia
Foreign |
2003 |
2004 |
2003 |
2004 |
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Currency |
May 14 |
May 10 |
May 11 |
May 12 |
May 13 |
May 14 |
May 14 |
May 10 |
May 11 |
May 12 |
May 13 |
May 14 |
|
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 |
47.1400 |
44.9500 |
45.3400 |
45.4200 |
45.1200 |
45.4400 |
(Based on Middle Rates) |
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Euro |
54.1600 |
53.2200 |
53.8300 |
53.8600 |
53.5000 |
53.7200 |
|||||||
FEDAI Indicative Rates (Rs. per Foreign Currency) |
|||||||||||||
U.S. |
{Buying |
47.1350 |
44.9400 |
45.3200 |
45.4100 |
45.0500 |
45.4300 |
2.1213 |
2.2247 |
2.2056 |
2.2017 |
2.2163 |
2.2007 |
Dollar |
Selling |
47.1450 |
44.9600 |
45.3400 |
45.4200 |
45.0800 |
45.4500 |
||||||
Pound |
{ Buying |
75.8075 |
79.9000 |
80.4975 |
79.8850 |
79.4775 |
80.0250 |
1.3189 |
1.2511 |
1.2412 |
1.2511 |
1.2561 |
1.2492 |
Sterling |
Selling |
75.8425 |
79.9575 |
80.5550 |
79.9300 |
79.5475 |
80.0825 |
||||||
Euro |
{ Buying |
54.1450 |
53.2000 |
53.8075 |
53.8575 |
53.4125 |
53.7175 |
1.8464 |
1.8790 |
1.8577 |
1.8567 |
1.8692 |
1.8615 |
Selling |
54.1800 |
53.2375 |
53.8550 |
53.8900 |
53.4650 |
53.7625 |
|||||||
100 Yen |
{ Buying |
40.3900 |
39.8075 |
39.9850 |
40.2275 |
39.4900 |
39.6900 |
247.36 |
251.03 |
250.02 |
248.49 |
252.80 |
251.85 |
Selling |
40.4150 |
39.8450 |
40.0075 |
40.2600 |
39.5275 |
39.7250 |
|||||||
Inter-Bank Forward Premia of U.S. Dollar (per cent per annum) |
|||||||||||||
1-month |
0.76 |
–1.86 |
–2.25 |
–3.04 |
–3.59 |
–3.83 |
|||||||
3-month |
1.02 |
–1.01 |
–1.50 |
–1.98 |
–2.30 |
–2.20 |
|||||||
6-month |
0.98 |
–0.49 |
–0.79 |
–1.09 |
–1.24 |
–1.19 |
@ : 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.