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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. |
