Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (May 04 to 08, 2004).

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                                         T T & O D SELLING

                           AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY

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                                                                           + Appreciation - Depreciation

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          30.04.2004                               LAST WEEK RATES

          Previous

          Week     04.05.2004   08.05.2004                                 FLUCTUATIONS IN CLOSING RATES

          Closing   Opening    Closing     Highest                Lowest              Over Previous Week

          Rate                         Rate       Date        Rate         Date   +Up     Amount       %

          Rs        Rs        Rs        Rs                     Rs                -Down      Rs

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US        57.55     57.53     57.63     57.53   04/5/2004      57.63   08/5/2004     +  0.080000    0.14

UK      102.200   102.020   103.110   102.020   04/5/2004    103.490   05/5/2004     +  0.910000    0.89

Japan  0.522100  0.521800  0.513000  0.513000   08/5/2004   0.528600   06/5/2004     -  0.009100   -1.74

Euro    68.9100   68.7400   68.5800   68.5800   08/5/2004    69.9100   06/5/2004     -  0.330000   -0.48

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                                         T T CLEAN BUYING

                           AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY

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          30.04.2004                              LAST WEEK RATES

          Previous

          Week    04.05.2004  08.05.2004                                   FLUCTUATIONS IN CLOSING RATES

          Closing  Opening      Closing    Highest               Lowest               Over Previous Week

          Rate                         Rate       Date       Rate         Date    +Up     Amount       %

          Rs        Rs        Rs        Rs                    Rs                  -Down     Rs

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US        57.27     57.33     57.43     57.33    04/5/2004     57.43   08/5/2004    +    0.160000   0.28

UK      101.840   101.660   102.760   101.660    04/5/2004   103.130   05/5/2004    +    0.920000   0.90

Japan  0.520300  0.520000  0.511200  0.511200    08/5/2004  0.526800   06/5/2004    -    0.009100  -1.75

Euro    68.6700   68.5000   68.3400   68.3400    08/5/2004   69.6700   06/5/2004    -    0.330000  -0.48

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