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Following currency fluctuations took place in foreign exchange rates during the last week. (April 12 to 17, 2004)



========================================================================================================
T T & O D SELLING
AUTHORISED DEALERS RATES PER ONE UNIT OF CURRENCY
--------------------------------------------------------------------------------------------------------
+ Appreciation - Depreciation
========================================================================================================
10.04.2004 LAST WEEK RATES
Previous
Week 12.04.2004 17.04.2004 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 57.55 57.60 57.62 57.60 12/4/2004 57.65 15/4/2004 + 0.070000 0.12
UK 105.370 105.590 103.490 102.730 15/4/2004 106.100 13/4/2004 - 1.880000 -1.78
Japan 0.540900 0.542400 0.534400 0.530300 16/4/2004 0.548400 13/4/2004 - 0.006500 -1.20
Euro 69.5500 69.5400 69.1400 68.7400 14/4/2004 69.5400 12/4/2004 - 0.410000 -0.59
========================================================================================================
T T CLEAN BUYING
AUTHORISED DEALERS RATES PER ONE UNIT OF CURRENCY
========================================================================================================
10.04.2004 LAST WEEK RATES
Previous
Week 12.04.2004 17.04.2004 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 57.35 57.40 57.42 57.40 12/4/2004 57.45 15/4/2004 + 0.070000 0.12
UK 105.000 105.230 103.130 102.370 15/4/2004 105.730 13/4/2004 - 1.870000 -1.78
Japan 0.539000 0.540500 0.532300 0.528500 16/4/2004 0.546500 13/4/2004 - 0.006700 -1.24
Euro 69.3100 69.3000 68.9000 68.5000 14/4/2004 69.3000 12/4/2004 - 0.410000 -0.59
========================================================================================================

Copyright Business Recorder, 2004

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