Table 29 : Exchange Rate of the Rupee (End of Period)
Indicative	Jul-99	Aug-99	Sep-99	Oct-99	Nov-99	Dec-99	Jan-00	Feb-00	Mar-00
Selling Rates
Australian dollar	16.590	16.260	16.660	16.480	16.350	16.740	16.480	15.920	15.700
Belgian franc(100)	67.533	66.190	67.096	66.735	64.059	64.020	62.644	62.106	61.401
French franc	4.152	4.070	4.126	4.092	3.940	3.937	3.852	3.819	3.776
Deutsche mark	13.925	13.651	13.837	13.722	13.213	13.203	12.921	12.809	12.663
Hongkong dollar	3.320	3.320	3.310	3.320	3.330	3.340	3.350	3.350	3.360
Indian rupee(100)	60.000	59.000	59.000	59.000	60.000	60.000	60.000	60.000	60.000
Italian lira(1000)	14.065	13.788	13.979	13.861	13.345	13.337	13.050	12.938	12.792
Japanese yen(100)	22.110	23.030	23.890	24.340	25.160	25.180	24.150	23.420	24.510
Kenya shilling(100)	34.700	34.270	33.440	34.350	34.740	35.590	35.930	35.640	34.910
New Zealand dollar	13.480	13.170	13.230	13.090	13.140	13.370	12.790	12.580	12.820
Singapore dollar	15.260	15.300	15.130	15.450	15.390	15.580	15.280	15.230	15.200
South African rand	4.180	4.240	4.290	4.200	4.190	4.220	4.110	4.110	3.980
Swiss franc	17.080	16.680	16.920	16.730	16.120	16.080	15.700	15.060	15.550
US dollar	25.416	25.437	25.431	25.492	25.568	25.625	25.731	25.784	25.802
Pound sterling	40.993	40.456	41.782	41.729	40.982	41.472	41.682	41.163	41.105
Euro1	27.239	26.697	27.065	26.836	25.841	25.825	25.269	25.054	24.769
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.