Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week (July 05 to July 10, 2004).

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                                         T T & O D SELLING

                           AUTHORISED DEALERS RATES PER ONE UNIT OF CURRENCY

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                                                                           + Appreciation - Depreciation

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          03.7.2004                               LAST WEEK RATES

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          Week     05.7.2004  10.7.2004                                    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        58.30     58.30     58.45     58.30   05/7/2004      58.45   10/7/2004    +   0.150000    0.26

UK      106.810   106.900   108.690   106.830   06/7/2004    108.690   10/7/2004    +   1.880000    1.76

Japan  0.538400  0.536800  0.540200  0.532100   06/7/2004   0.540200   10/7/2004    +   0.001800    0.33

Euro    71.8600   71.7900   72.5600   71.7300   06/7/2004    72.5600   10/7/2004    +   0.700000    0.97

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                                         T T CLEAN BUYING

                           AUTHORISED DEALERS RATES PER ONE UNIT OF CURRENCY

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          03.07.2004                              LAST WEEK RATES

          Previous

          Week    05.07.2004  10.07.2004                                   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        58.10     58.10     58.25     58.10    05/7/2004     58.25   10/7/2004    +    0.150000   0.26

UK      106.440   106.530   108.320   106.460    06/7/2004   108.320   10/7/2004    +    1.880000   1.77

Japan  0.536500  0.535000  0.538300  0.530300    06/7/2004  0.538300   10/7/2004    +    0.001800   0.34

Euro    71.6100   71.5500   72.3100   71.4800    06/7/2004   72.3100   10/7/2004    +    0.700000   0.98

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