| Table 32: Exchange Rate Movements of Selected Currencies vis-à-vis the | |||||||||
| Euro (Period Average) | |||||||||
| Appreciation/(Depreciation) | |||||||||
| January 1999 | June 2000 | of Selected Currencies | |||||||
| [1] | [2] | between [1] & [2] | |||||||
| (Per cent) | |||||||||
| Hong Kong dollar | 8.9689 | 7.3989 | 21.2 | ||||||
| Indonesian rupiah | 9961.02 | 8158.48 | 22.1 | ||||||
| Korean won | 1358.76 | 1060.87 | 28.1 | ||||||
| Mauritian rupee | 28.987 | 24.866 | 16.6 | ||||||
| Philippines peso | 44.395 | 40.506 | 9.6 | ||||||
| Singapore dollar | 1.9453 | 1.6398 | 18.6 | ||||||
| South African rand | 6.9690 | 6.5693 | 6.1 | ||||||
| Taiwan dollar | 37.333 | 29.276 | 27.5 | ||||||
| Thailand baht | 42.3655 | 37.0747 | 14.3 | ||||||
| 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. | |||||||||