Press Releases - RBI - Reserve Bank of India

August 10, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.45 on 10.8.1999 as against Rs.43.54 on 9.8.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs.

All Figures Are in USD MillionsPURCHASES MERCHANT INTER BANKPosition FCY/INR FCY/FCYFCY/INRFCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 19/07/1999264128 17 22 28 18434683 68 32317353 20/07/1999262113 22 46 104 49448583 71 65426565 21/07/199922382 25 48 55 364861022 35 49614328 22/07/199925299 67 16 51 31469848 56 64817213 23/07/199923178 29 14 40 33425871 87 45518819 SALES 19/07/1999274158 30 43 35 13411698 68

August 6, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.45 on 6.8.1999 as against Rs.43.40 on 5.8.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs. 10

August 5, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.40 on 5.8.1999 as against Rs.43.36 on 4.8.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs. 10

August 4, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.36 on 4.8.1999 as against Rs.43.38 on 3.8.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs. 10

August 3, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.38 on 3.8.1999 as against Rs.43.32 on 2.8.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs. 10

August 2, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.32 on 2.8.1999 as against Rs.43.29 on 30.7.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs. 1

July 30, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.29 on 30.7.1999 as against Rs.43.32 on 29.7.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs. 1

All Figures Are in USD MillionsPURCHASES MERCHANT INTER BANKPosition FCY/INR FCY/FCYFCY/INRFCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 12/07/1999237119 26 23 4412487702 95 28414916 13/07/199921579 12 31 3916465422 69 41315227 14/07/199922958 12 12 2819416548 38 3272085 15/07/199922057 32 14 4832429900 46 45517928 16/07/199925866 19 19 2823490552 58 33816831 SALES 12/07/1999275157 21 29 4712463741 66 28315715

July 29, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.32 on 29.7.1999 as against Rs.43.33 on 28.7.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs. 1