Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency deposit (Excluding FE-25 Deposits) issued by the Foreign Exchange Rates Committee on Friday (July 16, 2004).

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US Dollar          58.2000
Pound Sterling    107.6467
Euro               71.9236
Japanese Yen        0.5323
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