Table 29 : Exchange Rate of the Rupee (End of Period)
Indicative	Apr-99	May-99	Jun-99	Jul-99	Aug-99	Sep-99	Oct-99	Nov-99	Dec-99
Selling Rates
Australian dollar	16.710	16.500	16.830	16.590	16.260	16.660	16.480	16.350	16.740
Belgian franc(100)	66.599	65.772	65.004	67.533	66.190	67.096	66.735	64.059	64.020
China yuan	3.090	3.100	-	-	-	-	-	-	-
French franc	4.094	4.045	3.998	4.152	4.070	4.126	4.092	3.940	3.937
Deutsche mark	13.731	13.565	13.403	13.925	13.651	13.837	13.722	13.213	13.203
Hongkong dollar	3.300	3.310	3.310	3.320	3.320	3.310	3.320	3.330	3.340
Indian rupee(100)	60.000	60.000	59.000	60.000	59.000	59.000	59.000	60.000	60.000
Italian lira(1000)	13.872	13.685	13.541	14.065	13.788	13.979	13.861	13.345	13.337
Japanese yen(100)	21.250	20.940	21.100	22.110	23.030	23.890	24.340	25.160	25.180
Kenya shilling(100)	37.800	36.470	35.310	34.700	34.270	33.440	34.350	34.740	35.590
New Zealand dollar	14.160	13.620	13.520	13.480	13.170	13.230	13.090	13.140	13.370
Singapore dollar	15.050	14.870	15.120	15.260	15.300	15.130	15.450	15.390	15.580
South African rand	4.230	4.110	4.270	4.180	4.240	4.290	4.200	4.190	4.220
Swiss franc	16.700	16.660	16.390	17.080	16.680	16.920	16.730	16.120	16.080
US dollar	25.269	25.356	25.389	25.416	25.437	25.431	25.492	25.568	25.625
Pound sterling	40.678	40.585	39.970	40.993	40.456	41.782	41.729	40.982	41.472
Euro1	26.866	26.534	26.224	27.239	26.697	27.065	26.836	25.841	25.825
1 Effective 1 January 1999, the Euro (EUR) was introduced replacing its precursor, the ECU, on a one-to-one basis.
Notes:
(i)  With effect from October 1998, the end-of-period exchange rate of the rupee is based on the average end-of-period
selling rates for T.T.& D.D. of all commercial banks.
(ii)  With effect from 10 June 1999, there are no dealings for the China yuan.