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The Exchange Rate of the
Tala is determined on the basis of a trade-weighted basket of
currencies. The currency basket is reviewed periodically to reflect
changes in trade and payment patterns between Samoa and its major
trading partners. As a result of the last review carried out in
March 2009, the currency basket now comprises the currencies of
United States of America, New Zealand, Australia and the Euro
Countries. The weightings are based on Samoa's distribution of trade
and travel transactions. |