For example, a price elasticity of alcohol demand of -0.5 means that a 1-percent increase in price would reduce alcohol consumption by 0.5 percent (or a 10-percent increase in price would reduce consumption by 5 percent).
The Local Currency. The Seychelles Rupee (Rs) is the official currency of the Seychelles. One Rupee = 100 cents. The currency is divided into both paper and coin form. Currency is minted in the following denominations.
Here is a list â¦ of them all with the countries which use them: Currency; ISO code; Country or countries using currency Burundian franc; BIF; Burundi Central African CFA franc; XAF; Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, Gabon CFP franc; XPF; French Polynesia, New Caledonia, Wallis and Futuna Comorian franc; KMF; Comoros Congolese franc; CDF; Democratic Republic of the Congo Djiboutian franc; DJF; Djibouti Guinean franc; GNF; Guinea Rwandan ...