Table 29: Exchange Rate of the Rupee (End of Period)
Indicative Feb-00 Mar-00 Apr-00 May-00 Jun-00 Jul-00 Aug-00 Sep-00 Oct-00
Selling Rates                  
                   
                   
Australian dollar 15.920 15.700 15.300 15.070 15.750 15.430 15.250 14.510 14.180
Belgian franc(100) 62.106 61.401 58.378 60.270 62.032 60.658 58.807 58.217 57.185
French franc 3.819 3.776 3.590 3.706 3.815 3.712 3.613 3.572 3.517
Deutsche mark 12.809 12.663 12.040 12.430 12.794 12.449 12.115 11.980 11.796
Hongkong dollar 3.350 3.360 3.360 3.390 3.410 3.420 3.440 3.572 3.550
Indian rupee(100) 60.000 60.000 60.000 60.000 60.000 60.000 59.000 59.000 60.000
Italian lira(1000) 12.938 12.792 12.207 12.556 12.923 12.574 12.237 12.101 11.915
Japanese yen(100) 23.420 24.510 24.330 24.610 24.970 24.160 24.960 24.730 25.260
Kenya shilling(100) 35.640 34.910 35.020 34.520 34.310 35.950 34.650 34.100 35.050
New Zealand dollar 12.580 12.820 12.680 12.030 12.340 12.040 11.450 10.840 10.950
Singapore dollar 15.230 15.200 15.350 15.270 15.380 15.410 15.590 15.470 15.790
South African rand 4.110 3.980 3.840 3.780 3.900 3.840 3.860 3.690 3.670
Swiss franc 15.060 15.550 14.970 15.490 16.070 15.730 15.340 15.380 15.190
US dollar 25.784 25.802 25.842 26.098 26.263 26.361 26.490 26.582 27.435
Pound sterling 41.163 41.105 40.605 39.079 39.834 39.625 38.537 38.878 39.794
Euro1 25.054 24.769 23.549 24.311 25.024 24.348 23.696 23.431 23.069
                   
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.