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.
The official currency of Lesotho is the loti (LSL) (plural: maloti), which is subdivided into 100 lisente. Lesotho (along with Namibia, South Africa and Swaziland) is a member of the Southern African Common Monetary Area, and as such the loti is pegged 1:1 to the South African Rand (ZAR). Both the loti and rand are legal tender in Lesotho, though change will usually be given in loti.