Table 29 : Exchange Rate of the Rupee (End of Period)
Indicative Jan-00 Feb-00 Mar-00 Apr-00 May-00 Jun-00 Jul-00 Aug-00 Sep-00
Selling Rates                  
                   
                   
Australian dollar 16.480 15.920 15.700 15.300 15.070 15.750 15.430 15.250 14.510
Belgian franc(100) 62.644 62.106 61.401 58.378 60.270 62.032 60.658 58.807 58.217
French franc 3.852 3.819 3.776 3.590 3.706 3.815 3.712 3.613 3.572
Deutsche mark 12.921 12.809 12.663 12.040 12.430 12.794 12.449 12.115 11.980
Hongkong dollar 3.350 3.350 3.360 3.360 3.390 3.410 3.420 3.440 3.572
Indian rupee(100) 60.000 60.000 60.000 60.000 60.000 60.000 60.000 59.000 59.000
Italian lira(1000) 13.050 12.938 12.792 12.207 12.556 12.923 12.574 12.237 12.101
Japanese yen(100) 24.150 23.420 24.510 24.330 24.610 24.970 24.160 24.960 24.730
Kenya shilling(100) 35.930 35.640 34.910 35.020 34.520 34.310 35.950 34.650 34.100
New Zealand dollar 12.790 12.580 12.820 12.680 12.030 12.340 12.040 11.450 10.840
Singapore dollar 15.280 15.230 15.200 15.350 15.270 15.380 15.410 15.590 15.470
South African rand 4.110 4.110 3.980 3.840 3.780 3.900 3.840 3.860 3.690
Swiss franc 15.700 15.060 15.550 14.970 15.490 16.070 15.730 15.340 15.380
US dollar 25.731 25.784 25.802 25.842 26.098 26.263 26.361 26.490 26.582
Pound sterling 41.682 41.163 41.105 40.605 39.079 39.834 39.625 38.537 38.878
Euro1 25.269 25.054 24.769 23.549 24.311 25.024 24.348 23.696 23.431
                   
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.