G.5(405)                                                           July 1, 2009



 FOREIGN EXCHANGE RATES

 THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE IN JUNE 2009 TOGETHER
 WITH COMPARABLE FIGURES FOR OTHER MONTHS. AVERAGES ARE BASED ON DAILY NOON BUYING
 RATES FOR CABLE TRANSFERS IN NEW YORK CITY CERTIFIED FOR CUSTOMS PURPOSES BY
 THE FEDERAL RESERVE BANK OF NEW YORK.


                                (Currency units per U.S. dollar except as noted)


                   MONETARY       2009         2009         2009         2008
   COUNTRY           UNIT         June          May         April        June

 *AUSTRALIA        DOLLAR          0.8025       0.7648       0.7158       0.9511
  BRAZIL           REAL            1.9586       2.0689       2.2027       1.6179
  CANADA           DOLLAR          1.1264       1.1528       1.2242       1.0166
  CHINA, P.R.      YUAN            6.8334       6.8235       6.8306       6.8993
  DENMARK          KRONE           5.3123       5.4585       5.6437       4.7926
 *EMU MEMBERS      EURO            1.4014       1.3646       1.3199       1.5562
  HONG KONG        DOLLAR          7.7505       7.7510       7.7501       7.8073
  INDIA            RUPEE          47.6736      48.5100      49.9655      42.7633
  JAPAN            YEN            96.6145      96.6445      98.9200     106.9152
  MALAYSIA         RINGGIT         3.5156       3.5218       3.6053       3.2568
  MEXICO           PESO           13.3414      13.1895      13.4035      10.3269
 *NEW ZEALAND      DOLLAR          0.6386       0.6014       0.5729       0.7616
  NORWAY           KRONE           6.3915       6.4504       6.6557       5.1351
  SINGAPORE        DOLLAR          1.4522       1.4611       1.5028       1.3679
  SOUTH AFRICA     RAND            8.0332       8.3741       8.9644       7.9367
  SOUTH KOREA      WON          1259.2932    1254.3450    1332.1250    1031.4857
  SRI LANKA        RUPEE         114.8105     116.6720     117.3068     107.7633
  SWEDEN           KRONA           7.7670       7.7602       8.2297       6.0249
  SWITZERLAND      FRANC           1.0809       1.1076       1.1481       1.0371
  TAIWAN           DOLLAR         32.7700      32.8695      33.6009      30.3705
  THAILAND         BAHT           34.1036      34.6240      35.4036      33.1752
 *UNITED KINGDOM   POUND           1.6369       1.5418       1.4712       1.9664
  VENEZUELA        BOLIVAR         2.1446       2.1446       2.1446       2.1446

  MEMO:
  UNITED STATES    DOLLAR
1)BROAD            JAN97=100     105.0557     106.4881     109.6697      96.0884
2)MAJOR CURRENCY   MAR73=100      76.9885      78.8899      82.2812      71.4202
3)OITP             JAN97=100     135.7929     136.1971     138.7375     122.7758


 This release is available online at http://www.federalreserve.gov/releases/G5.

 For more information on exchange rate indexes for the U.S. dollar, see "Indexes of the Foreign
 Exchange Value of the Dollar," Federal Reserve Bulletin, 91:1 (Winter 2005), pp. 1-8,
 (http://www.federalreserve.gov/pubs/bulletin/2005/winter05_index.pdf). Weights for the broad index
 can be found at http://www.federalreserve.gov/releases/H10/Weights; weights for the major currencies
 index and the other important trading partners (OITP) index are derived from the broad index
 weights. The most recent annual revision to the trade weights and the dollar indexes took effect
 with the January 2007 release of this report.  The source for exchange rates not listed in the
 table above but used in the calculation of the broad and OITP indexes is Bloomberg.

 *  U.S. dollars per currency unit.
 1) A weighted average of the foreign exchange value of the U.S. dollar against the currencies
 of a broad group of major U.S. trading partners.
 2) A weighted average of the foreign exchange value of the U.S. dollar against a subset of
 the broad index currencies that circulate widely outside the country of issue.
 3) A weighted average of the foreign exchange value of the U.S. dollar against a subset of
 the broad index currencies that do not circulate widely outside the country of issue.

 For information about your subscription to this release or about receiving it in document form,
 please call publication services at Federal Reserve Board at (202) 452-3244.

 The euro is reported in place of the individual eure-area currencies. These currency rates
 can be derived from the dollar/euro rate by using the fixed conversion rates (in currencies
 per euro) given below:

        1 EURO  =  13.7603  AUSTRIAN SCHILLINGS
                =  40.3399  BELGIAN FRANCS
                =  5.94573  FINNISH MARKKAS
                =  6.55957  FRENCH FRANCS
                =  1.95583  GERMAN MARKS
                =  .787564  IRISH POUNDS
                =  1936.27  ITALIAN LIRE
                =  40.3399  LUXEMBOURG FRANCS
                =  2.20371  NETHERLANDS GUILDERS
                =  200.482  PORTUGUESE ESCUDOS
                =  166.386  SPANISH PESETAS
                =  340.750  GREEK DRACHMAS
                =  239.640  SLOVENIAN TOLAR

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