Table 31 : Exchange Rate of the Rupee (Period Average)
Indicative	Sep-00	Oct-00	Nov-00	Dec-00	Jan-01	Feb-01	Mar-01	Apr-01	May-01
Selling Rates
Australian dollar	14.757	14.279	14.510	15.368	15.621	15.086	14.352	14.324	15.045
Belgian franc(100)	57.607	57.234	58.727	62.195	65.266	64.332	63.935	63.085	62.581
French franc	3.530	3.517	3.611	3.827	4.014	3.956	3.933	3.880	3.849
Deutsche mark	11.840	11.317	12.112	12.836	13.461	13.268	13.189	13.012	12.907
Hongkong dollar	3.446	3.491	3.589	3.635	3.635	3.649	3.670	3.694	3.736
Indian rupee(100)	59.000	59.333	60.273	61.000	61.100	61.882	62.000	62.000	62.318
Italian lira(1000)	11.960	11.912	12.228	12.960	13.597	13.402	13.323	13.143	13.036
Japanese yen(100)	24.929	24.914	25.505	25.100	24.043	24.308	23.465	23.076	23.732
Kenya shilling(100)	34.441	34.440	35.581	36.075	36.149	36.498	36.912	37.241	37.188
New Zealand dollar	11.122	10.830	11.092	12.073	12.503	12.282	11.922	11.616	12.199
Singapore dollar	15.471	15.559	16.028	16.325	16.319	16.343	16.182	15.900	16.057
South African rand	3.757	3.659	3.650	3.708	3.650	3.645	3.636	3.570	3.659
Swiss franc	15.140	15.250	15.580	16.612	17.220	16.904	16.796	16.649	16.460
US dollar	26.541	26.937	27.688	28.034	28.027	28.169	28.319	28.481	28.809
Pound sterling	38.096	39.126	39.499	40.935	41.441	40.945	40.950	40.889	41.130
Euro1	23.158	23.066	23.689	25.106	26.327	25.950	25.795	25.448	25.244
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.