Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency deposit (Excluding FE-25 Deposits) issued by the Foreign Exchange Rates Committee on Thursday (January 08, 2004).

==========================

US Dollar          57.4231

Pound Sterling    104.1540

Euro               72.6632

Japanese Yen        0.5406

==========================

Copyright Business Recorder, 2004