| Table 33: Exchange Rate Movements of Selected Currencies vis-à-vis the Euro (Period Average) | ||||||||
| Appreciation/(Depreciation) | ||||||||
| January 1999 | May 2001 | of Selected Currencies | ||||||
| [1] | [2] | between [1] & [2] | ||||||
| (Per cent) | ||||||||
| Hong Kong dollar | 8.9689 | 6.6356 | 35.2 | |||||
| Indonesian rupiah | 9961.02 | 9467.18 | 5.2 | |||||
| Korean won | 1358.76 | 1095.57 | 24.0 | |||||
| Mauritian rupee | 28.987 | 25.244 | 14.8 | |||||
| Philippines peso | 44.395 | 42.940 | 3.4 | |||||
| Singapore dollar | 1.9453 | 1.5359 | 26.7 | |||||
| South African rand | 6.9690 | 6.7963 | 2.5 | |||||
| Taiwan dollar | 37.333 | 28.840 | 29.4 | |||||
| Thailand baht | 42.3655 | 38.5152 | 10.0 | |||||
| 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. | ||||||||