Table 29 : Exchange Rate of the Rupee (End of Period)
   
Indicative Apr-00 May-00 Jun-00 Jul-00 Aug-00 Sep-00 Oct-00 Nov-00 Dec-00
Selling Rates                
                   
                 
Australian dollar 15.300 15.070 15.750 15.430 15.250 14.510 14.180 14.640 15.580
Belgian franc(100) 58.378 60.270 62.032 60.658 58.807 58.217 57.185 59.643 64.566
French franc 3.590 3.706 3.815 3.712 3.613 3.572 3.517 3.666 3.971
Deutsche mark 12.040 12.430 12.794 12.449 12.115 11.980 11.796 12.293 13.317
Hongkong dollar 3.360 3.390 3.410 3.420 3.440 3.572 3.550 3.620 3.630
Indian rupee(100) 60.000 60.000 60.000 60.000 59.000 59.000 60.000 61.000 61.000
Italian lira(1000) 12.207 12.556 12.923 12.574 12.237 12.101 11.915 12.396 13.451
Japanese yen(100) 24.330 24.610 24.970 24.160 24.960 24.730 25.260 25.280 24.500
Kenya shilling(100) 35.020 34.520 34.310 35.950 34.650 34.100 35.050 35.840 36.450
New Zealand dollar 12.680 12.030 12.340 12.040 11.450 10.840 10.950 11.350 12.370
Singapore dollar 15.350 15.270 15.380 15.410 15.590 15.470 15.790 16.100 16.360
South African rand 3.840 3.780 3.900 3.840 3.860 3.690 3.670 3.640 3.750
Swiss franc 14.970 15.490 16.070 15.730 15.340 15.380 15.190 15.940 17.130
US dollar 25.842 26.098 26.263 26.361 26.490 26.582 27.435 27.981 28.014
Pound sterling 40.605 39.079 39.834 39.625 38.537 38.878 39.794 39.787 41.782
Euro1 23.549 24.311 25.024 24.348 23.696 23.431 23.069 24.043 26.046
                   
1 Effective 1 January 1999, the euro (EUR) was introduced replacing its precursor, the ECU, on a one-to-one basis.    
Note: 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.