Table 30 : Exchange Rate of the Rupee (Period Average)
Indicative	Oct-99	Nov-99	Dec-99	Jan-00	Feb-00	Mar-00	Apr-00	May-00	Jun-00
Selling Rates
Australian dollar	16.636	16.378	16.424	16.902	16.247	15.773	15.445	15.079	15.597
Belgian franc(100)	67.645	65.449	64.238	64.595	62.819	61.747	60.581	58.428	61.644
French franc	4.159	4.025	3.952	3.972	3.863	3.796	3.726	3.593	3.789
Deutsche mark	13.948	13.499	13.252	13.322	12.956	12.733	12.495	12.050	12.713
Hongkong dollar	3.318	3.322	3.334	3.337	3.351	3.354	3.353	3.376	3.404
Indian rupee(100)	59.000	59.810	60.000	60.000	60.000	60.000	60.000	60.000	60.000
Italian lira(1000)	14.089	13.635	13.386	13.457	13.088	12.862	12.623	12.163	12.789
Japanese yen(100)	24.063	24.418	25.016	24.457	23.611	24.251	24.529	24.089	24.732
Kenya shilling(100)	34.148	34.598	35.081	36.665	35.713	37.287	35.209	34.702	34.271
New Zealand dollar	13.141	13.130	13.057	13.223	12.701	12.695	12.837	12.258	12.337
Singapore dollar	15.374	15.469	15.477	15.513	15.338	15.229	15.294	15.225	15.359
South African rand	4.231	4.213	4.219	4.245	4.135	4.048	3.940	3.748	3.836
Swiss franc	17.119	16.447	16.191	16.179	15.741	15.517	15.489	15.140	15.934
US dollar	25.446	25.521	25.597	25.641	25.748	25.792	25.803	25.980	26.194
Pound sterling	42.148	41.356	41.265	42.015	41.235	40.730	40.807	39.181	39.507
Euro1	27.280	26.398	25.918	26.056	25.341	24.903	24.437	23.569	24.866
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.