Table 31 : Exchange Rate of the Rupee (Period Average)
Indicative	May-00	Jun-00	Jul-00	Aug-00	Sep-00	Oct-00	Nov-00	Dec-00	Jan-01
Selling Rates
Australian dollar	15.079	15.597	15.547	15.416	14.757	14.279	14.510	15.368	15.621
Belgian franc(100)	58.428	61.644	61.398	59.341	57.607	57.234	58.727	62.195	65.266
French franc	3.593	3.789	3.775	3.649	3.530	3.517	3.611	3.827	4.014
Deutsche mark	12.050	12.713	12.660	12.236	11.840	11.317	12.112	12.836	13.461
Hongkong dollar	3.376	3.404	3.417	3.426	3.446	3.491	3.589	3.635	3.635
Indian rupee(100)	60.000	60.000	60.000	59.091	59.000	59.333	60.273	61.000	61.100
Italian lira(1000)	12.163	12.789	12.763	12.360	11.960	11.912	12.228	12.960	13.597
Japanese yen(100)	24.089	24.732	24.466	24.512	24.929	24.914	25.505	25.100	24.043
Kenya shilling(100)	34.702	34.271	34.857	35.054	34.441	34.440	35.581	36.075	36.149
New Zealand dollar	12.258	12.337	12.175	11.825	11.122	10.830	11.092	12.073	12.503
Singapore dollar	15.225	15.359	15.318	15.543	15.471	15.559	16.028	16.325	16.319
South African rand	3.748	3.836	3.874	3.845	3.757	3.659	3.650	3.708	3.650
Swiss franc	15.140	15.934	15.969	15.435	15.140	15.250	15.580	16.612	17.220
US dollar	25.980	26.194	26.320	26.402	26.541	26.937	27.688	28.034	28.027
Pound sterling	39.181	39.507	39.689	39.301	38.096	39.126	39.499	40.935	41.441
Euro1	23.569	24.866	24.761	23.933	23.158	23.066	23.689	25.106	26.327
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 daily average exchange rate of the rupee is based on the average selling rates
for T.T.& D.D. of all commercial banks.