6. Foreign Exchange Rates - Spot and Forward Premia - ଆରବିଆଇ - Reserve Bank of India
6. Foreign Exchange Rates - Spot and Forward Premia
Foreign | 2003 | 2004 | 2003 | 2004 | |||||||||
Currency | Jul. 11 | Jul. 5 | Jul. 6 | Jul. 7 | Jul. 8 | Jul. 9 | Jul. 11 | Jul. 5 | Jul. 6 | Jul. 7 | Jul. 8 | Jul. 9 | |
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 | 46.1400 | 45.7500 | 45.9800 | 45.9500 | 45.7300 | 45.7600 | (Based on Middle Rates) | ||||||
Euro | 52.2800 | 56.3400 | 56.6100 | 56.7300 | 56.4800 | 56.7700 | |||||||
FEDAI Indicative Rates (Rs. per Foreign Currency) | |||||||||||||
U.S. | {Buying | 46.1400 | 45.7500 | 45.9600 | 45.9500 | 45.7200 | 45.7300 | 2.1673 | 2.1858 | 2.1749 | 2.1763 | 2.1867 | 2.1853 |
Dollar | Selling | 46.1500 | 45.7600 | 45.9700 | 45.9700 | 45.7400 | 45.7400 | ||||||
Pound | { Buying | 75.3325 | 83.9525 | 84.1750 | 84.9200 | 84.7225 | 84.7475 | 1.3268 | 1.1920 | 1.1858 | 1.1774 | 1.1803 | 1.1791 |
Sterling | Selling | 75.3950 | 83.9875 | 84.2225 | 84.9750 | 84.7800 | 84.7875 | ||||||
Euro | { Buying | 52.2300 | 56.3825 | 56.5250 | 56.7575 | 56.4825 | 56.7150 | 1.9128 | 1.7749 | 1.7665 | 1.7627 | 1.7705 | 1.7615 |
Selling | 52.2650 | 56.4175 | 56.5525 | 56.7950 | 56.5300 | 56.7400 | |||||||
100 Yen | { Buying | 39.1250 | 42.1000 | 41.9950 | 42.2525 | 41.9825 | 42.2375 | 255.46 | 237.57 | 237.79 | 236.59 | 238.13 | 236.48 |
Selling | 39.1600 | 42.1275 | 42.0175 | 42.2800 | 42.0175 | 42.2850 | |||||||
Inter-Bank Forward Premia of U.S. Dollar (per cent per annum) | |||||||||||||
1-month | 2.34 | 2.49 | 2.22 | 1.70 | 1.97 | 2.23 | |||||||
3-month | 2.69 | 1.70 | 1.57 | 1.22 | 1.66 | 1.66 | |||||||
6-month | 2.34 | 1.36 | 1.22 | 1.00 | 1.40 | 1.33 | |||||||
@ : 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.