Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week (September 13 to 18, 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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          11.9.2004                         LAST WEEK RATES

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          Week      13.9.2004   18.9.2004                                  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        58.98     58.98     59.10     58.98   13/9/2004      59.10   16/9/2004    +   0.120000    0.20

UK      106.040   106.030   105.960   105.090   16/9/2004    106.220   14/9/2004    -   0.080000   -0.08

Japan  0.538100  0.538300  0.539200  0.537100   14/9/2004   0.539400   17/9/2004    +   0.001100    0.20

Euro    72.3700   72.3700   71.9800   71.8000   16/9/2004    72.4600   14/9/2004    -   0.390000   -0.54

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                                         T T CLEAN BUYING

                           AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY

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          11.9.2004                         LAST WEEK RATES

          Previous

          Week     13.9.2004     18.9.2004                                 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        58.78     58.78     58.90     58.78    13/9/2004     58.95   16/9/2004    +    0.120000   0.20

UK      105.680   105.670   105.600   104.730    16/9/2004   105.860   14/9/2004    -    0.080000  -0.08

Japan  0.536300  0.536400  0.537400  0.535300    14/9/2004  0.537600   17/9/2004    +    0.001100   0.21

Euro    72.1200   72.1300   71.7400   71.5600    16/9/2004   72.2100   14/9/2004    -    0.380000  -0.53

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