News from Reuters on SEYCHELLES

  
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News from Reuters (Reuters Africa)
     More: Seychelles News from AllAfrica | Seychelles background links

Sat, 15 Nov 2008 IMF agrees $26 mln rescue package for Seychelles
PORT LOUIS, Nov 15 (Reuters) - The International Monetary Fund has agreed a two-year $26 million rescue package for the Seychelles' deeply indebted economy, but the country's central bank warned on Saturday it would not be enough on its own.

Sat, 15 Nov 2008 IMF agrees Seychelles $26m rescue package
PORT LOUIS, Nov 15 (Reuters) - The International Monetary Fund has agreed a two-year $26 million rescue package in support of reforms to reboot the Seychelles' deeply indebted economy.

Thu, 06 Nov 2008 British diplomat boasts of "cushy" Seychelles post
PORT LOUIS, Nov 6 (Reuters) - It was the dream posting -- sea and sunshine on a paradise island. Until she wrote about it.

Wed, 05 Nov 2008 Cenbank sees Seychelles '08 GDP down to 3.1 pct
PORT LOUIS, Nov 5 (Reuters) - Seychelles' economic growth will slow to 3.1 percent this year from 7.3 percent last year and possibly contract in 2009 due to the global financial crisis and a weak local currency, the central bank said on Wednesday.

Tue, 11 Nov 2008 DIARY - East Africa
This diary is updated weekly and new or updated items are marked with an asterisk.

Mon, 03 Nov 2008 CORRECTED-UPDATE 1-Seychelles rupee loses 44 pct on flotation
VICTORIA, Nov 3 (Reuters) - The Seychelles rupee depreciated 44 percent against the dollar on Monday in its first day of trading after exchange controls were lifted.

Mon, 03 Nov 2008 CORRECTED-Seychelles rupee depreciates 44 pct on flotation
VICTORIA, Nov 3 (Reuters) - The Seychelles rupee depreciated 44 percent against the dollar on Monday in its first day of trading after exchange controls were lifted.

Mon, 03 Nov 2008 Seychelles rupee dives on flotation
VICTORIA, Nov 3 (Reuters) - The Seychelles rupee depreciated 60 percent against the dollar on Monday in its first day of trading after exchange controls were lifted as part of a package to salvage the faltering economy.

Mon, 03 Nov 2008 Emerging Markets-Stocks up, central Europe FX down
* Emerging equities rise on improving global liquidity

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