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 Seychelles is a group of about 115 islands which lie 1600 km off the coast of East Africa. Mahe measuring 28 km long by 8 km wide, is the largest island in Seychelles. Mahe is tranportation hub for island-hop and day excursion to neighbouring islands and all other islands within Seychelles.Praslin lies 44 km to the North East of Mahe.ahe measuring 28 km long by 8 km wide, is the largest island in Seychelles. Mahe is tranportation hub for island-hop and day excursion to neighbouring islands and all other islands within Seychelles.