Seychelles rupee


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Noun1.Seychelles rupee - the basic unit of money in Seychelles; equal to 100 cents
cent - a fractional monetary unit of several countries
Seychelles monetary unit - monetary unit in Seychelles
References in periodicals archive ?
This led to a series of measures, begin- ning with the removal of exchange restric- tions and floating of the Seychelles rupee. While in the past, the Central Bank's mon- etary policy generally accommodated the fiscal stance, the reform programme focuses on strict fiscal discipline, containment of inflation, and the need to ensure proper li- quidity management in the banking system.
On the Equities Market there are four total listings, two Seychelles companies [on the Seychelles Rupee, SCR] one Seychelles company [on USD] and one Luxembourg company [on EUR].
The floatation of the Seychelles Rupee (SCR) and opening up of state enterprises for privatisation, together with civil service reforms, were the other measures that completely redefined the economy.
Three, devaluation of the Seychelles rupee was the only answer to a black market that offered 50% and more premium to the major currencies.