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 Friday (December 31, 2004).

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US Dollar          59.4525

Pound Sterling    114.2915

Euro               80.9684

Japanese Yen        0.5730

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Copyright Business Recorder, 2005