| Table 33: Exchange Rate Movements of Selected Currencies vis-à-vis the Euro (Period Average) | ||||||||
| Appreciation/(Depreciation) | ||||||||
| January 1999 | August 2001 | of Selected Currencies | ||||||
| [1] | [2] | between [1] & [2] | ||||||
| (Per cent) | ||||||||
| Hong Kong dollar | 8.9689 | 7.0186 | 27.8 | |||||
| Indonesian rupiah | 9,961.02 | 8,052.67 | 23.7 | |||||
| Korean won | 1,358.76 | 1,154.46 | 17.7 | |||||
| Mauritian rupee | 28.987 | 26.666 | 8.7 | |||||
| Philippines peso | 44.395 | 46.677 | (4.9) | |||||
| Singapore dollar | 1.9453 | 1.5852 | 22.7 | |||||
| South African rand | 6.9690 | 7.4658 | (6.7) | |||||
| Taiwan dollar | 37.333 | 31.130 | 19.9 | |||||
| Thailand baht | 42.3655 | 40.4130 | 4.8 | |||||
| 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. | ||||||||