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 Wednesday (February 16, 2005).

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US Dollar          59.3800

Pound Sterling    112.0322

Euro               77.0931

Japanese Yen        0.5654

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Copyright Business Recorder, 2005