Page 68 - June 2017

Table 54d: Exchange Rate of the Rupee vis-à-vis Major Trading Partner Currencies:
June 2016 to June 2017

Indicative Average for Average for Appreciation/
Selling Rates 12 Months 12 Months (Depreciation)
ended June 2016 ended June 2017
of Rupee
[1] [2] between [1] & [2]

Per cent

Australian dollar 26.5010 27.4475 (3.4)
Hong Kong dollar 4.6942 4.6966 (0.1)
Indian rupee (100) 55.2722 55.1034 0.3
Japanese yen (100) 31.3067 33.4835 (6.5)
Kenya shilling (100) 35.8570 35.6528 0.6
New Zealand dollar 24.3353 25.9727 (6.3)
Singapore dollar 26.2725 26.2447 0.1
South African rand 2.5436 2.6909 (5.5)
Swiss franc 37.1522 36.7225 1.2
US dollar 36.2387 36.2726 (0.1)
Pound sterling 53.7801 46.0290 16.8
Euro 40.2324 39.5406 1.7

Notes: (i) [1] is calculated on the basis of the daily average exchange rates for the period July 2015 to June 2016.
[2] is calculated on the basis of the daily average exchange rates for the period July 2016 to June 2017.

(ii) The daily average exchange rate of the Rupee is based on the average indicative selling rates for T.T. & D.D. of banks.
(iii) The appreciation/depreciation of the Rupee is calculated as follows:

(Previous period exchange rate - Current period exchange rate) ÷ Current period exchange rate.

Source: Financial Markets Operations Division.