Foreign

1998

1999

1998

1999

Currency

Jun. 26

Jun. 21

Jun. 22

Jun. 23

Jun. 24

Jun. 25

Jun. 26

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 U.S. Dollar)

Foreign Currency per Rs. 100@

42.7100

43.1700

43.1900

43.2400

43.3300

43.3900

(Based on Middle Rates)

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{ Buying

42.6900

43.1600

43.1900

43.2300

43.3100

43.3800

2.3414

2.3164

2.3154

2.3127

2.3079

2.3047

Dollar

Selling

42.7100

43.1700

43.2000

43.2400

43.3300

43.4000

Pound

{ Buying

71.4025

68.7925

68.6425

68.7450

68.3300

68.8750

1.3998

1.4528

1.4567

1.4535

1.4646

1.4516

Sterling

Selling

71.4800

68.8525

68.7000

68.8025

68.3825

68.9275

Euro

{ Buying

50.4400 $

44.8700

44.6275

44.7050

44.7400

45.2200

1.9798 $

2.2269

2.2400

2.2385

2.2333

2.2099

Selling

50.5800 $

44.9225

44.6475

44.7225

44.7900

45.2625

100 Yen

{ Buying

30.0550

35.4225

35.4025

35.4200

35.4950

35.6675

332.65

282.20

282.23

282.07

281.50

280.21

Selling

30.0900

35.4475

35.4250

35.4575

35.5400

35.7000

Inter-Bank Forward Premia of U.S. Dollar (per cent per annum)

1-month

11.24

4.17

4.45

4.72

4.71

5.53

3-month

11.33

4.73

4.72

5.00

5.26

5.62

6-month

10.91

4.96

4.95

5.18

5.26

5.49

@ :

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 as on January 4, 1999.

Note :

1..

The unified exchange rate system came into force on March 1, 1993

2.

With the introduction of Euro effective January 1, 1999, the buying and selling rates of Rupees per Deutsche Mark (FEDAI indicative rates) and Deutsche Mark per Rs. 100 (middle rates) have been replaced by Rupees per Euro and Euro per Rs. 100, respectively.