Table 31 : Exchange Rate of the Rupee (Period Average)
Indicative	Nov-00	Dec-00	Jan-01	Feb-01	Mar-01	Apr-01	May-01	Jun-01	Jul-01
Selling Rates
Australian dollar	14.510	15.368	15.621	15.086	14.352	14.324	15.045	15.180	15.077
Belgian franc(100)	58.727	62.195	65.266	64.332	63.935	63.085	62.581	61.818	62.868
French franc	3.611	3.827	4.014	3.956	3.933	3.880	3.849	3.802	3.866
Deutsche mark	12.112	12.836	13.461	13.268	13.189	13.012	12.907	12.750	12.966
Hongkong dollar	3.589	3.635	3.635	3.649	3.670	3.694	3.736	3.782	3.816
Indian rupee(100)	60.273	61.000	61.100	61.882	62.000	62.000	62.318	63.000	63.000
Italian lira(1000)	12.228	12.960	13.597	13.402	13.323	13.143	13.036	12.879	13.097
Japanese yen(100)	25.505	25.100	24.043	24.308	23.465	23.076	23.732	23.988	23.739
Kenya shilling(100)	35.581	36.075	36.149	36.498	36.912	37.241	37.188	37.675	37.827
New Zealand dollar	11.092	12.073	12.503	12.282	11.922	11.616	12.199	12.142	11.532
Singapore dollar	16.028	16.325	16.319	16.343	16.182	15.900	16.057	16.255	16.343
South African rand	3.650	3.708	3.650	3.645	3.636	3.570	3.659	3.667	3.643
Swiss franc	15.580	16.612	17.220	16.904	16.796	16.649	16.460	16.373	16.754
US dollar	27.688	28.034	28.027	28.169	28.319	28.481	28.809	29.194	29.482
Pound sterling	39.499	40.935	41.441	40.945	40.950	40.889	41.130	40.970	41.700
Euro1	23.689	25.106	26.327	25.950	25.795	25.448	25.244	24.936	25.360
1 Effective 1 January 1999, the euro (EUR) was introduced replacing its precursor, the ECU, on a one-to-one basis.
Note: The daily average exchange rate of the rupee is based on the average selling rates for T.T.& D.D. of all commercial banks.