Exchange rates

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      Currencies                    Direct rates
                              TT Buying      TT Selling
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Indicative rates in rupees a unit at 4 p.m. on June 20, 2001.

U.S. Dollar                   46.77          47.07
Sterling                      65.35          65.79
Euro                          39.90          40.17
Singapore Dollar              25.73          25.91
Japan yen (per 100)           38.05          38.30
Swiss Franc                   26.14          26.32
Australian Dollar             24.23          24.41
New Zealand dollar            19.26          19.40
Hong Kong dollar               6.00           6.04
Malaysian Ringitt             12.31          12.39
Canadian dollar               30.41          30.63
Swedish Kroner                 4.37           4.40
Kuwaiti Dinar                151.79         152.83
UAE dirham                    12.84          12.94
Bahrain Dinar                124.01         124.93
Qatary Riyal                  12.84          12.94
Saudi Riyal                   12.46          12.56
Omani Riyal                  121.40         122.36
D. Marks                      20.40          20.54
French Franc                   6.08           6.12
Netherland Guildar            18.11          18.23
Italian Lira (per 100)         2.06           2.07
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Source: Indian Bank          

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