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Tuesday, March 21, 2000

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Exchange rates




========================================================
      Currencies                    Direct rates
                               TT Buying    TT Selling
========================================================

Indicative rates in rupees a unit at 4 p.m. on March 20.

U.S. Dollar                    43.36          43.67
Sterling                       67.94          68.46
Euro                           42.08          42.40
Singapore Dollar               25.19          25.41
Japan yen (per 100)            40.56          40.84
Swiss Franc                    26.12          26.31
Australian Dollar              26.30          26.53
New Zealand dollar             20.96          21.15
Hong Kong dollar                5.57           5.61
Malaysian Ringitt              11.41          11.49
Canadian dollar                29.49          29.72
Swedish Kronar                  5.00           5.04
Kuwaiti Dinar                 141.50         142.54
UAE dirham                     11.80          11.89
Bahrain Dinar                 115.02         115.84
Qatary Riyal                   11.91          12.00
Saudi Riyal                    11.56          11.64
Omani Riyal                   112.61         113.43
D. Marks                       21.51          21.68
French Franc                    6.41           6.46
Netherland Guildar             19.09          19.24
Italian Lira (per 100)          2.17           2.19
========================================================

Source: Indian Bank



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