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Thursday, May 25, 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 24.

U.S. Dollar                     43.93          44.25
Sterling                        64.73          65.20
Euro                            40.01          40.32
Singapore Dollar                25.30          25.49
Japan yen (per 100)             41.03          41.32
Swiss Franc                     25.60          25.79
Australian Dollar               25.14          25.37
New Zealand dollar              19.85          20.03
Hong Kong dollar                 5.64           5.68
Malaysian Ringitt               11.56          11.64
Canadian dollar                 29.14          29.36
Swedish Kronar                   4.80           4.84
Kuwaiti Dinar                  142.58         143.75
UAE dirham                      11.96          12.05
Bahrain Dinar                  116.52         117.37
Qatary Riyal                    12.07          12.16
Saudi Riyal                     11.71          11.80
Omani Riyal                    114.09         114.93
D. Marks                        20.46          20.61
French Franc                     6.10           6.15
Netherland Guildar              18.15          18.29
Italian Lira (per 100)           2.07           2.08

========================================================

Source: Indian Bank



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