| Table 33: Exchange Rate Movements of Selected Currencies vis-à-vis the Euro (Period Average) | |||||||||
| Appreciation/(Depreciation) | |||||||||
| January 1999 | January 2001 | of Selected Currencies | |||||||
| [1] | [2] | between [1] & [2] | |||||||
| (Per cent) | |||||||||
| Hong Kong dollar | 8.9689 | 7.3238 | 22.5 | ||||||
| Indonesian rupiah | 9961.02 | 8896.40 | 12.0 | ||||||
| Korean won | 1358.76 | 1193.88 | 13.8 | ||||||
| Mauritian rupee | 28.987 | 26.327 | 10.1 | ||||||
| Philippines peso | 44.395 | 47.925 | (7.4) | ||||||
| Singapore dollar | 1.9453 | 1.6308 | 19.3 | ||||||
| South African rand | 6.9690 | 7.2912 | (4.4) | ||||||
| Taiwan dollar | 37.333 | 30.666 | 21.7 | ||||||
| Thailand baht | 42.3655 | 40.4811 | 4.7 | ||||||
| Note: 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. | |||||||||