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 21, 2001.

U.S. Dollar                      46.79          47.10
Sterling                         65.69          66.17
Euro                             40.14          40.43
Singapore Dollar                 25.68          25.86
Japan yen (per 100)              37.73          37.97
Swiss Franc                      26.34          26.53
Australian Dollar                24.32          24.52
New Zealand dollar               19.40          19.56
Hong Kong dollar                  6.00           6.04
Malaysian Ringitt                12.31          12.39
Canadian dollar                  30.54          30.76
Swedish Kroner                    4.38           4.42
Kuwaiti Dinar                   151.83         152.87
UAE dirham                       12.73          12.83
Bahrain Dinar                   124.09         125.00
Qatary Riyal                     12.85          12.95
Saudi Riyal                      12.47          12.56
Omani Riyal                     121.48         122.43
D. Marks                         20.52          20.67
French Franc                      6.12           6.16
Netherland Guildar               18.21          18.34
Italian Lira (per 100)            2.07           2.09
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Source: Indian Bank

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