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.
Â· just now. The best currency to use in Jamaica is the Jamaican currency. This is because you will not get real value by spending over the counter. Jamaica has no fixed rate of interest so you are less likely to get real value for the cash that you spend. It is best to use USD cheques or drafts from your overseas bank head to any other bank and change that to JMD.