Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week (October 4 to 9, 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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          2.10.2004                         LAST WEEK RATES

          Previous

          Week      4.10.2004   9.10.2004                                  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        59.40     59.40     59.52     59.38  05/10/2004      59.57  08/10/2004    +   0.120000    0.20

UK      106.810   106.490   106.820   105.980  07/10/2004    106.820  09/10/2004    +   0.010000    0.01

Japan  0.537300  0.536500  0.543400  0.534800  06/10/2004   0.543400  09/10/2004    +   0.006100    1.14

Euro    73.7300   73.4300   73.8500   72.8500  05/10/2004    73.8500  09/10/2004    +   0.120000    0.16

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                                         T T CLEAN BUYING

                           AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY

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          2.10.2004                         LAST WEEK RATES

          Previous

          Week      4.10.2004   9.10.2004                                  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        59.20     59.20     59.32     59.18   05/10/2004     59.37  08/10/2004    +    0.120000   0.20

UK      106.450   106.130   106.460   105.620   07/10/2004   106.460  09/10/2004    +    0.010000   0.01

Japan  0.535500  0.534700  0.541600  0.533000   06/10/2004  0.541600  09/10/2004    +    0.006100   1.14

Euro    73.4800   73.1900   73.6000   72.6000   05/10/2004   73.6000  09/10/2004    +    0.120000   0.16

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