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Following currency fluctuations took place in foreign exchange rates during the last week (August 16 to 21, 2004).


========================================================================================================
T T & O D SELLING
AUTHORISED DEALERS RATES PER ONE UNIT OF CURRENCY
--------------------------------------------------------------------------------------------------------
+ Appreciation - Depreciation
========================================================================================================
13.8.2004 LAST WEEK RATES
Previous
Week 16.8.2004 21.8.2004 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 58.90 58.90 58.90 58.90 16/8/2004 59.02 17/8/2004 N.C 0.000000 0.00
UK 107.230 108.520 107.190 107.190 21/8/2004 108.650 17/8/2004 - 0.040000 -0.04
Japan 0.527400 0.532700 0.539700 0.532700 16/8/2004 0.540000 20/8/2004 + 0.012300 2.33
Euro 72.0400 72.8900 72.5600 72.5600 21/8/2004 72.9600 17/8/2004 + 0.520000 0.72
========================================================================================================
T T CLEAN BUYING
AUTHORISED DEALERS RATES PER ONE UNIT OF CURRENCY
========================================================================================================
13.8.2004 LAST WEEK RATES
Previous
Week 16.8.2004 21.8.2004 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 58.70 58.70 58.70 58.70 16/8/2004 58.82 17/8/2004 N.C 0.000000 0.00
UK 106.870 108.150 106.820 106.820 21/8/2004 108.280 17/8/2004 - 0.050000 -0.05
Japan 0.525600 0.530900 0.537900 0.530900 16/8/2004 0.538200 20/8/2004 + 0.012300 2.34
Euro 71.8000 72.6400 72.3100 72.3100 21/8/2004 72.7200 17/8/2004 + 0.510000 0.71
========================================================================================================

Copyright Business Recorder, 2004

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