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. 27 |
Jun. 21 |
Jun. 22 |
Jun. 23 |
Jun. 24 |
Jun. 25 |
Jun. 27 |
Jun. 21 |
Jun. 22 |
Jun. 23 |
Jun. 24 |
Jun. 25 |
|
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 |
46.4900 |
45.8200 |
46.2000 |
46.0600 |
45.8300 |
45.9000 |
(Based on Middle Rates) |
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Euro |
53.1300 |
55.5100 |
55.8500 |
56.0900 |
55.3100 |
55.8100 |
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FEDAI Indicative Rates (Rs. per Foreign Currency) |
|||||||||||||
U.S. |
{Buying |
46.4850 |
45.8100 |
46.1700 |
46.0500 |
45.7600 |
45.8800 |
2.1510 |
2.1825 |
2.1645 |
2.1711 |
2.1820 |
2.1786 |
Dollar |
Selling |
46.4950 |
45.8300 |
46.1800 |
46.0700 |
45.7800 |
45.8900 |
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Pound |
{ Buying |
77.1475 |
84.1800 |
84.3675 |
84.1375 |
82.9575 |
83.6450 |
1.2966 |
1.1871 |
1.1846 |
1.1883 |
1.2023 |
1.1952 |
Sterling |
Selling |
77.1900 |
84.2400 |
84.4075 |
84.2025 |
83.0175 |
83.6850 |
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Euro |
{ Buying |
53.1100 |
55.4850 |
55.8150 |
56.0925 |
55.2100 |
55.7850 |
1.8822 |
1.8015 |
1.7905 |
1.7828 |
1.8080 |
1.7918 |
Selling |
53.1450 |
55.5175 |
55.8350 |
56.1325 |
55.2475 |
55.8075 |
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100 Yen |
{ Buying |
38.8075 |
42.1900 |
42.4750 |
42.4075 |
42.2950 |
42.7200 |
257.42 |
236.93 |
235.06 |
235.73 |
236.11 |
233.91 |
Selling |
38.8325 |
42.2275 |
42.4950 |
42.4450 |
42.3375 |
42.7350 |
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Inter-Bank Forward Premia of U.S. Dollar (per cent per annum) |
|||||||||||||
1-month |
3.10 |
1.75 |
2.73 |
2.48 |
2.62 |
3.01 |
|||||||
3-month |
3.36 |
1.12 |
1.82 |
1.52 |
1.31 |
2.05 |
|||||||
6-month |
2.75 |
0.76 |
1.32 |
1.09 |
1.09 |
1.46 |
@ : 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.