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Following currency fluctuations took place in foreign exchange rates during the last week (August 02 to 07, 2004).



========================================================================================================
T T & O D SELLING
AUTHORISED DEALERS RATES PER ONE UNIT OF CURRENCY
--------------------------------------------------------------------------------------------------------
+ Appreciation - Depreciation
========================================================================================================
31.7.2004 LAST WEEK RATES
Previous
Week 2.8.2004 7.8.2004 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
--------------------------------------------------------------------------------------------------------
US 58.58 58.60 59.02 58.60 2/8/2004 59.10 5/8/2004 + 0.440000 0.75
UK 106.620 106.740 109.140 106.740 2/8/2004 109.140 7/8/2004 + 2.520000 2.36
Japan 0.525600 0.529900 0.533800 0.529000 6/8/2004 0.533800 7/8/2004 + 0.008200 1.56
Euro 70.3800 70.6800 72.7400 70.6000 3/8/2004 72.7400 7/8/2004 + 2.360000 3.35
========================================================================================================
T T CLEAN BUYING
AUTHORISED DEALERS RATES PER ONE UNIT OF CURRENCY
========================================================================================================
31.7.2004 LAST WEEK RATES
Previous
Week 2.8.2004 7.8.2004 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
--------------------------------------------------------------------------------------------------------
US 58.38 58.40 58.82 58.40 2/8/2004 58.90 5/8/2004 + 0.440000 0.75
UK 106.250 106.370 108.770 106.370 2/8/2004 108.770 7/8/2004 + 2.520000 2.37
Japan 0.523800 0.528100 0.531900 0.527200 6/8/2004 0.531900 7/8/2004 + 0.008100 1.55
Euro 70.1300 70.4400 72.5000 70.3600 3/8/2004 72.5000 7/8/2004 + 2.370000 3.38
========================================================================================================

Copyright Business Recorder, 2004

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