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.
Seychelles Sisters Died of Water in the Lungs. Annie Korkki, 37, and her sister, Robin Korkki, 42, were nearing the end of their weeks-long vacation to Africa, staying in the $1,700 a night Maia Luxury Resort & Spa in tropical island chain the Seychelles, when they were found dead on September 22.