| Table 33: Exchange Rate Movements of Selected Currencies vis-à-vis the Euro (Period Average) | ||||||||
| Appreciation/(Depreciation) | ||||||||
| January 1999 | July 2001 | of Selected Currencies | ||||||
| [1] | [2] | between [1] & [2] | ||||||
| (Per cent) | ||||||||
| Hong Kong dollar | 8.9689 | 6.7076 | 33.7 | |||||
| Indonesian rupiah | 9961.02 | 9327.36 | 6.8 | |||||
| Korean won | 1358.76 | 1119.51 | 21.4 | |||||
| Mauritian rupee | 28.987 | 25.360 | 14.3 | |||||
| Philippines peso | 44.395 | 45.813 | (3.1) | |||||
| Singapore dollar | 1.9453 | 1.5677 | 24.1 | |||||
| South African rand | 6.9690 | 7.0456 | (1.1) | |||||
| Taiwan dollar | 37.333 | 29.910 | 24.8 | |||||
| Thailand baht | 42.3655 | 39.2176 | 8.0 | |||||
| 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. | ||||||||