=+2. The following exchange rates have been ascertained: 1 January 1986 M$10 = 1 31 December 1994

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=+2. The following exchange rates have been ascertained:

1 January 1986 M$10 = €1 31 December 1994 M$6=€1 31 December 1995 M$5=€1 Average rate for the year ended 31 December 1995 M$5.5 = €1 616 INTERNATIONAL FINANCIAL ACCOUNTING AND REPORTING

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