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E X C H A N G E    R A T E S
( INTER BANK )

Currency
Spot Buying
Spot Selling
US Dollar
46.40
46.41
Pound Sterling
69.64
69.70
Deutsche Mark
22.48
22.50
Japanese Yen
0.4182
0.4187
Swiss Franc
27.46
27.48
Euro
43.99
44.04

OVERSEAS CROSS CURRENCY RATES
(TODAYS OPENING)

USD
1.6047/1.6057
USD/SFR
1.5797/1.5807
USD/DM
1.9295/1.9305
EURO/US
1.0136/1.0146
USD/YEN
103.69.103.79
Euro
43.99

COMPUTER GENERATED TRANSMISSION DOES NOT BEAR ANY SIGNATURE NOTE

The firm A.L. Assur & Sons was established in theyear1928 and has been transacting interbank foreign exchange broking business in Mumbai. The firm was acquired by Mittal the real estate group in early 1994. Following are the partners in the

Dr. Shailendra P. Mittal
Mr. Sunil P. Mittal

On taking over this firm, the Mittals inducted professionals and set up a full fledged Dealing Room at 30 K. Dubash marg, Fort, Mumbai 00 029, where the offices of Trade Wings group of companies belonging to Mittals have also been situated.

Mr. V. S. Shringarpure, Vice President is in charge of the firm.

The firm has a good team of Calling Assistants who have long and excellent hands on dealing experience in the leading broking firms. Their names are :-

Mr. V. S. Naik Asst. Vice President / Calling Assistant
Mr. J. Fernandes Calling Assistant
Mr. Yogesh Manikoth Calling Assistant
Mrs. Zenobia Chinwalla Calling Assistant
Mr. M. R. Ramkumar Calling Assistant
Mr. Srinivas Mallya Calling Assistant
Mr. Satish Pai Calling Assistant

The firm recommenced its business in Mumbai in November 1994and is, at present, on the panel of over 65 banks with whom the business is transacted on hotlines.

Apart from hotlines, there are three telex lines, a fax and seven direct telephone lines available to the Dealing Room.

The firm has representatives / correspondent arrangement on reciprocal basis with major foreign exchange brokers in other cities.


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