| Table 32: Exchange Rate Movements of Selected Currencies vis-à-vis the | |||||||||
| Euro (Period Average) | |||||||||
| Appreciation/(Depreciation) | |||||||||
| January 1999 | March 2000 | of Selected Currencies | |||||||
| [1] | [2] | between [1] & [2] | |||||||
| (Per cent) | |||||||||
| Hong Kong dollar | 8.9689 | 7.5126 | 19.4 | ||||||
| Indonesian rupiah | 9961.02 | 7189.02 | 38.6 | ||||||
| Korean won | 1358.76 | 1077.88 | 26.1 | ||||||
| Mauritian rupee | 28.987 | 24.903 | 16.4 | ||||||
| Philippines peso | 44.395 | 39.513 | 12.4 | ||||||
| Singapore dollar | 1.9453 | 1.6551 | 17.5 | ||||||
| South African rand | 6.9690 | 6.2284 | 11.9 | ||||||
| Taiwan dollar | 37.333 | 29.634 | 26.0 | ||||||
| Thailand baht | 42.3655 | 36.5314 | 16.0 | ||||||
| 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. | |||||||||