ForexBeginner

Seychelles Rupee

a.k.a. SCR

The currency of the Seychelles, an Indian Ocean island nation that lives on tourism and fishing.
In plain English

The currency of the Seychelles, an Indian Ocean island nation that lives on tourism and fishing.

The Seychelles rupee (SCR) is the money of the Seychelles, a chain of islands off East Africa. Tourism and tuna fishing are the main earners of foreign money, so the rupee tends to suffer when global travel collapses. It has floated freely since 2008, when the country turned to the IMF during a debt crisis.

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