Currency: French franc (FRF); euro (EUR)

note: on 1 January 1999, the EU introduced the euro as a common currency that is now being used by financial institutions in France at a fixed rate of 6.55957 French francs per euro and will replace the local currency for all transactions in 2002

Currency code: FRF; EUR

Exchange rates: euros per US dollar - 1.0659 (January 2001), 1.0854 (2000), 0.9386 (1999); French francs per US dollar - 5.65 (January 1999), 5.8995 (1998), 5.8367 (1997), 5.1155 (1996)

Fiscal year: calendar year

France Communications

Telephones - main lines in use: 34.86 million (yearend 1998)

Telephones - mobile cellular: 11.078 million (yearend 1998)

Telephone system: general assessment: highly developed

domestic: extensive cable and microwave radio relay; extensive introduction of fiber-optic cable; domestic satellite system