1FEDERAL RESERVE STATISTICAL RELEASE May 23, 1997 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING MAY 2, 1997 The Board of Governors of the Federal Reserve System is advised that the Federal Reserve Bank of New York has certified for customs purposes the following noon buying rates in New York City for cable transfers payable in foreign currencies: MONETARY (CURRENCY UNITS PER DOLLAR) COUNTRY UNIT Apr. 28 Apr. 29 Apr. 30 May. 1 May. 2 *AUSTRALIA DOLLAR 0.7797 0.7804 0.7795 0.7845 0.7840 AUSTRIA SCHILLING 12.165 12.133 12.193 12.106 12.158 BELGIUM FRANC 35.660 35.570 35.730 35.500 35.630 CANADA DOLLAR 1.3995 1.3979 1.3971 1.3895 1.3833 CHINA,P.R. YUAN 8.3249 8.3249 8.3245 8.3245 8.3245 DENMARK KRONE 6.5820 6.5630 6.5960 6.5500 6.5780 *EURO COMMUNITY ECU 1.1280 1.1320 1.1258 1.1327 1.1290 FINLAND MARKKA 5.1980 5.2020 5.2030 5.1800 5.2030 FRANCE FRANC 5.8260 5.8160 5.8375 5.8010 5.8235 GERMANY D. MARK 1.7289 1.7227 1.7330 1.7207 1.7270 GREECE DRACHMA 273.93 273.20 275.17 274.10 274.40 HONG KONG DOLLAR 7.7475 7.7467 7.7467 7.7475 7.7475 INDIA RUPEE 35.770 35.770 35.780 35.770 35.760 *IRELAND POUND 1.5410 1.5380 1.4995 1.4890 1.4950 ITALY LIRA 1717.60 1710.25 1712.70 1703.50 1711.00 JAPAN YEN 126.68 126.81 127.03 126.64 126.57 MALAYSIA RINGGIT 2.5105 2.5115 2.5107 2.5078 2.5085 MEXICO PESO 7.9250 7.9710 7.9450 7.9450 7.9170 NETHERLANDS GUILDER 1.9448 1.9393 1.9500 1.9355 1.9428 *NEW ZEALAND DOLLAR 0.6949 0.6940 0.6930 0.6890 0.6905 NORWAY KRONE 7.1010 7.0990 7.1240 7.0880 7.0980 PORTUGAL ESCUDO 173.12 172.55 173.96 172.70 173.40 SINGAPORE DOLLAR 1.45 1.44 1.45 1.45 1.45 SOUTH AFRICA RAND 4.4430 4.4430 4.4470 4.4470 4.4535 SOUTH KOREA WON 894.50 895.00 894.00 895.00 895.00 SPAIN PESETA 145.800 145.290 146.100 145.160 145.800 SRI LANKA RUPEE 59.280 59.300 59.250 59.250 59.270 SWEDEN KRONA 7.7930 7.8220 7.8500 7.7770 7.8370 SWITZERLAND FRANC 1.4690 1.4668 1.4745 1.4685 1.4700 TAIWAN DOLLAR 27.690 27.690 27.680 27.680 27.690 THAILAND BAHT 26.110 26.120 26.130 26.110 26.090 *UNITED KINGDOM POUND 1.6232 1.6312 1.6200 1.6238 1.6215 MEMO: **UNITED STATES DOLLAR 97.23 97.01 97.40 96.86 97.08 *VALUE IS U.S. DOLLARS **INDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U.S. DOLLAR AGAINST CURRENCIES OF OTHER G-10 COUNTRIES. MARCH 1973 = 100. WEIGHTS ARE 1972-76 GLOBAL TRADE OF EACH OF THE 10 COUNTRIES. SERIES REVISED AS OF AUGUST 1978. FOR DESCRIPTION AND BACK DATA, SEE "INDEX OF THE WEIGHTED-AVERAGE EXCHANGE VALUE OF THE U.S. DOLLAR: REVISION" ON PAGE 700 OF THE AUGUST 1978 FEDERAL RESERVE BULLETIN. FOR INFORMATION ABOUT YOUR SUBSCRIPTION TO THIS RELEASE OR ABOUT RECEIVING IT IN DOCUMENT FORM, PLEASE CALL PUBLICATIONS SERVICES AT THE FEDERAL RESERVE BOARD AT (202) 452-3244. 1FEDERAL RESERVE STATISTICAL RELEASE May 23, 1997 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING MAY 9, 1997 The Board of Governors of the Federal Reserve System is advised that the Federal Reserve Bank of New York has certified for customs purposes the following noon buying rates in New York City for cable transfers payable in foreign currencies: MONETARY (CURRENCY UNITS PER DOLLAR) COUNTRY UNIT May. 5 May. 6 May. 7 May. 8 May. 9 *AUSTRALIA DOLLAR 0.7800 0.7772 0.7764 0.7800 0.7784 AUSTRIA SCHILLING 12.191 12.120 12.114 12.050 11.890 BELGIUM FRANC 35.730 35.530 35.540 35.230 34.830 CANADA DOLLAR 1.3813 1.3781 1.3817 1.3835 1.3910 CHINA,P.R. YUAN 8.3247 8.3243 8.3238 8.3234 8.3231 DENMARK KRONE 6.6000 6.5600 6.5550 6.4970 6.4290 *EURO COMMUNITY ECU 1.1263 1.1322 1.1328 1.1392 1.1510 FINLAND MARKKA 5.2250 5.1900 5.1955 5.1630 5.1000 FRANCE FRANC 5.8440 5.8110 5.8060 5.7590 5.6992 GERMANY D. MARK 1.7317 1.7225 1.7215 1.7079 1.6903 GREECE DRACHMA 275.20 273.63 273.30 271.75 269.65 HONG KONG DOLLAR 7.7475 7.7480 7.7469 7.7464 7.7456 INDIA RUPEE 35.800 35.860 35.889 35.872 35.860 *IRELAND POUND 1.4850 1.5010 1.5085 1.5065 1.5205 ITALY LIRA 1712.00 1706.50 1702.40 1689.60 1676.10 JAPAN YEN 126.70 125.45 125.09 123.85 120.73 MALAYSIA RINGGIT 2.5070 2.5065 2.5109 2.5069 2.5065 MEXICO PESO 7.9100 7.8800 7.9240 7.9180 7.9005 NETHERLANDS GUILDER 1.9470 1.9367 1.9370 1.9210 1.8983 *NEW ZEALAND DOLLAR 0.6885 0.6870 0.6847 0.6858 0.6877 NORWAY KRONE 7.1650 7.1360 7.1220 7.0730 7.0420 PORTUGAL ESCUDO 174.00 173.15 173.10 171.60 170.10 SINGAPORE DOLLAR 1.45 1.45 1.45 1.44 1.44 SOUTH AFRICA RAND 4.4580 4.4555 4.4550 4.4690 4.4625 SOUTH KOREA WON 895.00 897.00 897.50 896.00 896.00 SPAIN PESETA 146.000 145.460 145.450 144.180 142.900 SRI LANKA RUPEE 59.680 59.340 59.700 59.330 59.350 SWEDEN KRONA 7.9150 7.8135 7.7505 7.6950 7.6580 SWITZERLAND FRANC 1.4741 1.4615 1.4621 1.4440 1.4230 TAIWAN DOLLAR 27.750 27.760 27.760 27.710 27.710 THAILAND BAHT 26.100 26.080 26.070 26.050 25.990 *UNITED KINGDOM POUND 1.6200 1.6375 1.6364 1.6200 1.6210 MEMO: **UNITED STATES DOLLAR 97.28 96.64 96.56 96.03 95.10 *VALUE IS U.S. DOLLARS **INDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U.S. DOLLAR AGAINST CURRENCIES OF OTHER G-10 COUNTRIES. MARCH 1973 = 100. WEIGHTS ARE 1972-76 GLOBAL TRADE OF EACH OF THE 10 COUNTRIES. SERIES REVISED AS OF AUGUST 1978. FOR DESCRIPTION AND BACK DATA, SEE "INDEX OF THE WEIGHTED-AVERAGE EXCHANGE VALUE OF THE U.S. DOLLAR: REVISION" ON PAGE 700 OF THE AUGUST 1978 FEDERAL RESERVE BULLETIN. FOR INFORMATION ABOUT YOUR SUBSCRIPTION TO THIS RELEASE OR ABOUT RECEIVING IT IN DOCUMENT FORM, PLEASE CALL PUBLICATIONS SERVICES AT THE FEDERAL RESERVE BOARD AT (202) 452-3244. 1FEDERAL RESERVE STATISTICAL RELEASE May 23, 1997 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING MAY 16, 1997 The Board of Governors of the Federal Reserve System is advised that the Federal Reserve Bank of New York has certified for customs purposes the following noon buying rates in New York City for cable transfers payable in foreign currencies: MONETARY (CURRENCY UNITS PER DOLLAR) COUNTRY UNIT May. 12 May. 13 May. 14 May. 15 May. 16 *AUSTRALIA DOLLAR 0.7787 0.7767 0.7780 0.7765 0.7748 AUSTRIA SCHILLING 11.995 11.950 11.962 11.960 11.920 BELGIUM FRANC 35.170 35.060 35.110 35.070 34.960 CANADA DOLLAR 1.3900 1.3862 1.3856 1.3791 1.3705 CHINA,P.R. YUAN 8.3230 8.3228 8.3225 8.3221 8.3218 DENMARK KRONE 6.4900 6.4640 6.4780 6.4770 6.4510 *EURO COMMUNITY ECU 1.1410 1.1480 1.1460 1.1480 1.1515 FINLAND MARKKA 5.1440 5.1210 5.1350 5.1470 5.1130 FRANCE FRANC 5.7435 5.7170 5.7270 5.7220 5.7050 GERMANY D. MARK 1.7038 1.6972 1.7001 1.6987 1.6929 GREECE DRACHMA 272.50 270.80 271.80 271.50 270.10 HONG KONG DOLLAR 7.7440 7.7405 7.7380 7.7385 7.7385 INDIA RUPEE 35.860 35.860 35.855 35.840 35.840 *IRELAND POUND 1.5100 1.5160 1.5215 1.5294 1.5267 ITALY LIRA 1691.00 1678.80 1675.60 1677.10 1670.75 JAPAN YEN 118.95 118.75 118.33 116.28 115.43 MALAYSIA RINGGIT 2.5125 2.5175 2.5231 2.4977 2.4835 MEXICO PESO 7.9250 7.9050 7.8940 7.8990 7.8950 NETHERLANDS GUILDER 1.9170 1.9095 1.9125 1.9105 1.9045 *NEW ZEALAND DOLLAR 0.6950 0.6945 0.6956 0.6962 0.6930 NORWAY KRONE 7.1030 7.0260 7.0450 7.0700 7.0520 PORTUGAL ESCUDO 171.70 170.88 171.20 171.26 170.65 SINGAPORE DOLLAR 1.44 1.44 1.44 1.43 1.43 SOUTH AFRICA RAND 4.4635 4.4680 4.4820 4.4840 4.4775 SOUTH KOREA WON 894.00 895.50 895.00 894.00 894.00 SPAIN PESETA 144.200 143.400 143.640 143.330 142.800 SRI LANKA RUPEE 59.210 58.720 58.650 58.500 58.600 SWEDEN KRONA 7.6940 7.6585 7.6060 7.6050 7.6220 SWITZERLAND FRANC 1.4385 1.4376 1.4395 1.4355 1.4205 TAIWAN DOLLAR 27.780 27.800 27.790 27.810 27.760 THAILAND BAHT 25.940 25.950 25.900 25.370 25.890 *UNITED KINGDOM POUND 1.6235 1.6319 1.6400 1.6385 1.6335 MEMO: **UNITED STATES DOLLAR 95.41 95.04 94.97 94.67 94.35 *VALUE IS U.S. DOLLARS **INDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U.S. DOLLAR AGAINST CURRENCIES OF OTHER G-10 COUNTRIES. MARCH 1973 = 100. WEIGHTS ARE 1972-76 GLOBAL TRADE OF EACH OF THE 10 COUNTRIES. SERIES REVISED AS OF AUGUST 1978. FOR DESCRIPTION AND BACK DATA, SEE "INDEX OF THE WEIGHTED-AVERAGE EXCHANGE VALUE OF THE U.S. DOLLAR: REVISION" ON PAGE 700 OF THE AUGUST 1978 FEDERAL RESERVE BULLETIN. FOR INFORMATION ABOUT YOUR SUBSCRIPTION TO THIS RELEASE OR ABOUT RECEIVING IT IN DOCUMENT FORM, PLEASE CALL PUBLICATIONS SERVICES AT THE FEDERAL RESERVE BOARD AT (202) 452-3244. 1FEDERAL RESERVE STATISTICAL RELEASE May 23, 1997 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING MAY 23, 1997 The Board of Governors of the Federal Reserve System is advised that the Federal Reserve Bank of New York has certified for customs purposes the following noon buying rates in New York City for cable transfers payable in foreign currencies: MONETARY (CURRENCY UNITS PER DOLLAR) COUNTRY UNIT May. 19 May. 20 May. 21 May. 22 May. 23 *AUSTRALIA DOLLAR 0.7743 0.7742 0.7840 0.7795 0.7650 AUSTRIA SCHILLING 12.013 11.938 11.928 11.933 11.905 BELGIUM FRANC 35.300 35.050 34.930 35.000 34.930 CANADA DOLLAR 1.3720 1.3750 1.3667 1.3717 1.3751 CHINA,P.R. YUAN 8.3223 8.3219 8.3221 8.3223 8.3223 DENMARK KRONE 6.5130 6.4580 6.4415 6.4560 6.4410 *EURO COMMUNITY ECU 1.1420 1.1515 1.1547 1.1510 1.1510 FINLAND MARKKA 5.1550 5.1060 5.1070 5.1130 5.1050 FRANCE FRANC 5.7585 5.7120 5.6980 5.7110 5.6990 GERMANY D. MARK 1.7105 1.6961 1.6918 1.6943 1.6927 GREECE DRACHMA 272.35 269.70 269.60 270.30 270.18 HONG KONG DOLLAR 7.7395 7.7392 7.7380 7.7375 7.7395 INDIA RUPEE 35.820 35.795 35.810 35.790 35.760 *IRELAND POUND 1.5230 1.5312 1.5070 1.5100 1.5130 ITALY LIRA 1677.75 1667.75 1664.50 1668.20 1666.50 JAPAN YEN 116.05 113.80 114.08 115.96 115.80 MALAYSIA RINGGIT 2.4980 2.5000 2.5010 2.5030 2.5015 MEXICO PESO 7.8940 7.8850 7.8650 7.8700 7.8850 NETHERLANDS GUILDER 1.9230 1.9065 1.9025 1.9055 1.9030 *NEW ZEALAND DOLLAR 0.6917 0.6920 0.6953 0.6935 0.6902 NORWAY KRONE 7.1230 7.0520 7.0260 7.0550 7.0510 PORTUGAL ESCUDO 171.80 170.60 170.45 170.90 170.80 SINGAPORE DOLLAR 1.43 1.43 1.43 1.43 1.43 SOUTH AFRICA RAND 4.4675 4.4670 4.4585 4.4710 4.4745 SOUTH KOREA WON 894.00 893.50 893.50 894.00 891.00 SPAIN PESETA 143.950 142.730 142.450 142.850 142.650 SRI LANKA RUPEE 58.700 58.600 58.520 58.600 58.470 SWEDEN KRONA 7.6780 7.5630 7.5365 7.6050 7.5960 SWITZERLAND FRANC 1.4288 1.4075 1.4060 1.4145 1.4048 TAIWAN DOLLAR 27.780 27.780 27.830 27.830 27.850 THAILAND BAHT 25.390 25.100 25.280 25.740 25.700 *UNITED KINGDOM POUND 1.6380 1.6438 1.6465 1.6235 1.6324 MEMO: **UNITED STATES DOLLAR 94.94 94.12 93.93 94.49 94.33 *VALUE IS U.S. DOLLARS **INDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U.S. DOLLAR AGAINST CURRENCIES OF OTHER G-10 COUNTRIES. MARCH 1973 = 100. WEIGHTS ARE 1972-76 GLOBAL TRADE OF EACH OF THE 10 COUNTRIES. SERIES REVISED AS OF AUGUST 1978. FOR DESCRIPTION AND BACK DATA, SEE "INDEX OF THE WEIGHTED-AVERAGE EXCHANGE VALUE OF THE U.S. DOLLAR: REVISION" ON PAGE 700 OF THE AUGUST 1978 FEDERAL RESERVE BULLETIN. FOR INFORMATION ABOUT YOUR SUBSCRIPTION TO THIS RELEASE OR ABOUT RECEIVING IT IN DOCUMENT FORM, PLEASE CALL PUBLICATIONS SERVICES AT THE FEDERAL RESERVE BOARD AT (202) 452-3244.