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Tuesday, May 16, 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 May 15.

U.S. Dollar                   43.77          44.09
Sterling                      66.22          66.71
Euro                          40.07          40.37
Singapore Dollar              25.28          25.51
Japan yen (per 100)           39.99          40.28
Swiss Franc                   25.75          25.95
Australian Dollar             25.10          25.33
New Zealand dollar            20.74          20.93
Hong Kong dollar               5.62           5.66
Malaysian Ringitt             11.52          11.60
Canadian dollar               29.42          29.65
Swedish Kronar                 4.84           4.88
Kuwaiti Dinar                142.31         143.38
UAE dirham                    11.92          12.00
Bahrain Dinar                116.09         116.94
Qatary Riyal                  12.02          12.11
Saudi Riyal                   11.67          11.76
Omani Riyal                  113.67         114.52
D. Marks                      20.49          20.64
French Franc                   6.11           6.15
Netherland Guildar            18.18          18.32
Italian Lira (per 100)         2.07           2.08
========================================================

Source: Indian Bank



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