| Table 33: Exchange Rate Movements of Selected Currencies vis-à-vis the Euro (Period Average) | |||||||||
| Appreciation/(Depreciation) | |||||||||
| January 1999 | March 2001 | of Selected Currencies | |||||||
| [1] | [2] | between [1] & [2] | |||||||
| (Per cent) | |||||||||
| Hong Kong dollar | 8.9689 | 7.0969 | 26.4 | ||||||
| Indonesian rupiah | 9961.02 | 9236.74 | 7.8 | ||||||
| Korean won | 1358.76 | 1172.49 | 15.9 | ||||||
| Mauritian rupee | 28.987 | 25.795 | 12.4 | ||||||
| Philippines peso | 44.395 | 44.102 | 0.7 | ||||||
| Singapore dollar | 1.9453 | 1.6098 | 20.8 | ||||||
| South African rand | 6.9690 | 7.1718 | (2.8) | ||||||
| Taiwan dollar | 37.333 | 29.649 | 25.9 | ||||||
| Thailand baht | 42.3655 | 39.9077 | 6.2 | ||||||
| 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. | |||||||||