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 |
Jun. 20 |
Jun. 14 |
Jun. 15 |
Jun. 16 |
Jun. 17 |
Jun. 18 |
Jun. 20 |
Jun. 14 |
Jun. 15 |
Jun. 16 |
Jun. 17 |
Jun. 18 |
|
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 |
46.5400 |
45.2600 |
45.2800 |
45.3900 |
45.5400 |
45.6300 |
(Based on Middle Rates) |
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Euro |
54.5200 |
54.1700 |
54.6200 |
55.2100 |
54.7900 |
54.7000 |
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FEDAI Indicative Rates (Rs. per Foreign Currency) |
|||||||||||||
U.S. |
{Buying |
46.5300 |
45.2500 |
45.2800 |
45.3700 |
45.5000 |
45.6200 |
2.1487 |
2.2095 |
2.2085 |
2.2031 |
2.1959 |
2.1915 |
Dollar |
Selling |
46.5400 |
45.2600 |
45.2900 |
45.3800 |
45.5100 |
45.6300 |
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Pound |
{ Buying |
78.0825 |
81.9475 |
82.0800 |
83.0550 |
83.2475 |
83.3850 |
1.2795 |
1.2192 |
1.2185 |
1.2019 |
1.1992 |
1.1985 |
Sterling |
Selling |
78.1075 |
81.9925 |
82.1200 |
83.0950 |
83.2875 |
83.4200 |
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Euro |
{ Buying |
54.3650 |
54.1375 |
54.6025 |
55.1475 |
54.7175 |
54.6950 |
1.8342 |
1.8460 |
1.8308 |
1.8113 |
1.8252 |
1.8282 |
Selling |
54.3875 |
54.1675 |
54.6375 |
55.1775 |
54.7475 |
54.7200 |
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100 Yen |
{ Buying |
39.3300 |
40.7650 |
40.8925 |
41.4250 |
41.5100 |
41.6275 |
254.04 |
245.08 |
244.81 |
241.17 |
240.51 |
240.16 |
Selling |
39.3550 |
40.7975 |
40.9125 |
41.4575 |
41.5425 |
41.6550 |
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Inter-Bank Forward Premia of U.S. Dollar (per cent per annum) |
|||||||||||||
1-month |
2.84 |
1.19 |
0.93 |
0.79 |
1.19 |
1.45 |
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3-month |
2.75 |
0.71 |
0.53 |
0.48 |
0.66 |
0.83 |
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6-month |
2.15 |
0.64 |
0.44 |
0.42 |
0.51 |
0.55 |
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@ : 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.