Table 33: Exchange Rate Movements of Selected Currencies
vis-à-vis the Euro (Period Average) |
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Appreciation/(Depreciation)
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January
1999 |
July 2001 |
of Selected Currencies |
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[1] |
[2] |
between [1] & [2] |
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(Per cent) |
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Hong Kong dollar |
8.9689 |
6.7076 |
33.7 |
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Indonesian rupiah |
9961.02 |
9327.36 |
6.8 |
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Korean won |
1358.76 |
1119.51 |
21.4 |
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Mauritian rupee |
28.987 |
25.360 |
14.3 |
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Philippines peso |
44.395 |
45.813 |
(3.1) |
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Singapore dollar |
1.9453 |
1.5677 |
24.1 |
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South African rand |
6.9690 |
7.0456 |
(1.1) |
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Taiwan dollar |
37.333 |
29.910 |
24.8 |
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Thailand baht |
42.3655 |
39.2176 |
8.0 |
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Note: The daily
average exchange rate of the rupee against the euro is based on the average
selling rates of all commercial banks |
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while the daily exchange rates of the
other selected currencies against the euro are derived from Reuters. |
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