Your rupee last week

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

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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

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                                         T T CLEAN BUYING

                           AUTHORISED DEALERS RATES PER ONE UNIT OF CURRENCY

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          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

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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

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