Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (May 31 to June 05, 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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          29.05.2004                               LAST WEEK RATES

          Previous

          Week     31.05.2004   05.06.2004                                 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        57.80     57.80     57.95     57.80   31/5/2004      57.95   04/6/2004    +   0.150000    0.26

UK      105.920   106.080   106.570   106.070   01/6/2004    106.870   03/6/2004    +   0.650000    0.61

Japan  0.525500  0.526500  0.520700  0.520700   05/6/2004   0.529500   01/6/2004    -   0.004800   -0.91

Euro    70.6000   70.5500   70.9400   70.5500   31/5/2004    71.0800   03/6/2004    +   0.340000    0.48

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                                         T T CLEAN BUYING

                           AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY

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          29.05.2004                              LAST WEEK RATES

          Previous

          Week    31.05.2004  05.06.2004                                   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        57.60     57.60     57.75     57.60    31/5/2004     57.75   04/6/2004    +    0.150000   0.26

UK      105.550   105.710   106.210   105.700    01/6/2004   106.510   03/6/2004    +    0.660000   0.63

Japan  0.523600  0.524700  0.518900  0.518900    05/6/2004  0.527600   01/6/2004    -    0.004700  -0.90

Euro    70.3600   70.3000   70.6900   70.3000    31/5/2004   70.8400   03/6/2004    +    0.330000   0.47

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