Table 28 : Exchange Rate of the Rupee (End of Period)
Indicative	Jan-99	Feb-99	Mar-99	Apr-99	May-99	Jun-99	Jul-99	Aug-99	Sep-99
Selling Rates
Australian dollar	15.790	15.740	15.950	16.710	16.500	16.830	16.590	16.260	16.660
Belgian franc(100)	70.940	68.578	67.217	66.599	65.772	65.004	67.533	66.190	67.096
China yuan	3.070	3.080	3.090	3.090	3.100	-	-	-	-
French franc	4.362	4.216	4.134	4.094	4.045	3.998	4.152	4.070	4.126
Deutsche mark	14.627	14.145	13.864	13.731	13.565	13.403	13.925	13.651	13.837
Hongkong dollar	3.280	3.290	3.300	3.300	3.310	3.310	3.320	3.320	3.310
Indian rupee(100)	60.000	60.000	60.000	60.000	60.000	59.000	60.000	59.000	59.000
Italian lira(1000)	14.771	14.285	13.997	13.872	13.685	13.541	14.065	13.788	13.979
Japanese yen(100)	21.620	20.890	21.100	21.250	20.940	21.100	22.110	23.030	23.890
Kenya shilling(100)	41.160	39.940	39.460	37.800	36.470	35.310	34.700	34.270	33.440
New Zealand dollar	13.490	13.290	13.500	14.160	13.620	13.520	13.480	13.170	13.230
Singapore dollar	15.020	14.760	14.800	15.050	14.870	15.120	15.260	15.300	15.130
South African rand	4.220	4.130	4.140	4.230	4.110	4.270	4.180	4.240	4.290
Swiss franc	17.780	17.410	16.990	16.700	16.660	16.390	17.080	16.680	16.920
US dollar	25.061	25.157	25.291	25.269	25.356	25.389	25.416	25.437	25.431
Pound sterling	41.206	40.257	40.715	40.678	40.585	39.970	40.993	40.456	41.782
Euro1	28.613	27.663	27.114	26.866	26.534	26.224	27.239	26.697	27.065
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.