Table 33: Exchange Rate Movements of Selected Currencies
vis-à-vis the Euro (Period Average) |
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Appreciation/(Depreciation)
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January
1999 |
May 2001 |
of Selected Currencies |
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[1] |
[2] |
between [1] & [2] |
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(Per cent) |
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Hong Kong dollar |
8.9689 |
6.6356 |
35.2 |
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Indonesian rupiah |
9961.02 |
9467.18 |
5.2 |
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Korean won |
1358.76 |
1095.57 |
24.0 |
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Mauritian rupee |
28.987 |
25.244 |
14.8 |
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Philippines peso |
44.395 |
42.940 |
3.4 |
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Singapore dollar |
1.9453 |
1.5359 |
26.7 |
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South African rand |
6.9690 |
6.7963 |
2.5 |
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Taiwan dollar |
37.333 |
28.840 |
29.4 |
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Thailand baht |
42.3655 |
38.5152 |
10.0 |
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Note: The daily
average exchange rate of the rupee against the euro is based on the average
selling rates of all commercial banks |
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while the daily exchange rates of the
other selected currencies against the euro are derived from Reuters. |
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