| Table 32: Exchange Rate Movements of Selected Currencies vis-à-vis the | |||||||||
| Euro (Period Average) | |||||||||
| Appreciation/(Depreciation) | |||||||||
| January 1999 | December 1999 | of Selected Currencies | |||||||
| [1] | [2] | between [1] & [2] | |||||||
| (Per cent) | |||||||||
| Hong Kong dollar | 8.9689 | 7.8677 | 14.0 | ||||||
| Indonesian rupiah | 9961.02 | 7210.92 | 38.1 | ||||||
| Korean won | 1358.76 | 1150.24 | 18.1 | ||||||
| Mauritian rupee | 28.987 | 25.918 | 11.8 | ||||||
| Philippines peso | 44.395 | 41.042 | 8.2 | ||||||
| Singapore dollar | 1.9453 | 1.6949 | 14.8 | ||||||
| South African rand | 6.9690 | 6.2176 | 12.1 | ||||||
| Taiwan dollar | 37.333 | 31.994 | 16.7 | ||||||
| Thailand baht | 42.3655 | 38.6456 | 9.6 | ||||||
| Note: | |||||||||
| (1): The daily average exchange rate of the rupee against the Euro is based on the average selling | |||||||||
| rates of all commercial banks while the daily exchange rates of the other selected currencies | |||||||||
| against the Euro are derived from Reuters . | |||||||||