Friday, June 20, 2008
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Forex News
Jun 19 2008 4:07PM
India fwd/annualised dlr premia-June 19
             Cash Spot       Cash Tom      Tom Next 
------------------------------------------------------------- 
 TIME        Bid/Ask         Bid/Ask        Bid/Ask 
(in IST) 
 1000      02.10/02.30     00.52/00.58    01.50/01.70 
             04.46 %         04.42 %        04.25 %  
                             (Jun 18)   
 1000      00.95/01.15     00.47/00.57    00.47/00.57 
             04.04 %         04.00 %        04.00 %  
 ------------------------------------------------------------ 
 TIME      JUN            JUL          AUG            SEP 
------------------------------------------------------------ 
 1000  03.00/04.50       16/18        27/29          38/40    
 1100  04.00/05.00       16/18        27/29          37/39    
 1200  03.50/04.50       16/17        28/29          38/40    
 1300  03.75/05.25       16/18        28/30          39/41    
 1400  04.00/05.00       17/18        29/30          41/42    
 1500  03.50/05.00       18/20        30/32          41/43    
 1600  03.50/04.50       18/19        29/31          40/42    
                              (Closing Jun 18) 
 1700  03.50/05.50       15/17        25/27          36/38    
-------------------------------------------------------------- 
 TIME    OCT              NOV          DEC            JAN 
------------------------------------------------------------ 
 1000   48/50            58/60        67/69          76/78 
 1100   47/49            57/59        67/69          75/77 
 1200   48/50            58/60        66/68          75/77 
 1300   49/51            59/61        69/71          78/80 
 1400   51/52            62/63        71/72          81/82 
 1500   52/54            63/65        73/75          83/85 
 1600   51/53            61/63        71/73          81/83 
                              (Closing Jun 18) 
 1700   46/48            55/57        63/65          71/73 
 ------------------------------------------------------------- 
  TIME    FEB             MAR          APR            MAY 
------------------------------------------------------------- 
 1000    84/86           92/94      101/103         109/111  
 1100    83/85           90/92      100/102         108/110  
 1200    83/85           91/93      101/103         109/111  
 1300    86/88           94/96      103/105         111/113  
 1400    90/91           98/99      107/108         115/116  
 1500    91/93          100/102     110/112         118/120  
 1600    89/91           97/99      107/109         115/117  
                           (Closing Jun 18) 
 1700    79/81           87/89       95/97          103/105  
 ----------------------------------------------------------- 
        1MTH       2 MTH     3MTH       4 MTH     5 MTH   6MTH 
 ------------------------------------------------------------- 
 1000   3.74%      3.51%     3.34%      3.23%     3.15%   3.03%  
 1100   3.80%      3.51%     3.30%      3.17%     3.10%   3.02%  
 1200   3.81%      3.57%     3.35%      3.20%     3.15%   3.02%  
 1300   3.95%      3.69%     3.44%      3.29%     3.23%   3.13%  
 1400   3.90%      3.75%     3.55%      3.37%     3.35%   3.22%  
 1500   4.20%      3.95%     3.66%      3.49%     3.42%   3.30%  
 1600   4.07%      3.82%     3.56%      3.40%     3.31%   3.21%  
                          (Closing Jun 18) 
 1700   3.28%      3.17%     3.07%      3.00%     2.94%   2.82%  
------------------------------------------------------------ 
       7 MTH     8 MTH       9 MTH     10 MTH   11 MTH   12MTH 
------------------------------------------------------------- 
 1000   2.96%      2.89%     2.82%      2.79%    2.75%   2.71% 
 1100   2.94%      2.86%     2.78%      2.75%    2.72%   2.67% 
 1200   2.94%      2.87%     2.80%      2.78%    2.75%   2.72% 
 1300   3.04%      2.96%     2.88%      2.84%    2.80%   2.75% 
 1400   3.14%      3.08%     3.00%      2.95%    2.89%   2.83% 
 1500   3.22%      3.15%     3.06%      3.02%    2.98%   2.92% 
 1600   3.14%      3.08%     2.99%      2.95%    2.90%   2.85% 
                          (Closing Jun 18) 
 1700   2.74%      2.69%     2.64%      2.61%    2.58%   2.53% 
------------------------------------------------------------ 
              (CONVERSION RATE - $1 = 42.97 rupees) 
  Note: Figures in brackets indicate negative value. 
    Premiums have been given in paise and annualised 
premiums are on a rolling monthly basis. For the purpose of 
calculating the annualised premiums, the mid-figure between bid 
and ask is taken. 
    These indicative rates are based on contributions from ABN 
AMRO, Andhra Bank, Bank of America, Bank Of Baroda, BNP Paribas 
,Barclays Bank Ltd, Canara Bank, Syndicate Bank, ICICI Bank, 
Calyon Bank,ING Vysya Bank, Standard Chartered Grindlays, HDFC 
Bank, Indusind Bank,Corporation Bank, Bank of India, J P Morgan, 
Union Bank of India, Axis Bank,State Bank Of India, HSBC. 
For contributions contact Bangalore Rate Reporting unit (080) 
41356505 fax : +91 80 4135 6307 e-mail:[email protected] 
Keywords: MARKET INDIA DLR PREMIA 
  Source:   

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