FEDERAL RESERVE STATISTICAL RELEASE August 14, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JULY 24, 1998 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 Jul. 20 Jul. 21 Jul. 22 Jul. 23 Jul. 24 *AUSTRALIA DOLLAR 0.6301 0.6263 0.6211 0.6168 0.6196 AUSTRIA SCHILLING 12.525 12.596 12.585 12.605 12.517 BELGIUM FRANC 36.705 36.920 36.881 36.960 36.681 CANADA DOLLAR 1.4880 1.4923 1.4957 1.4953 1.4979 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.7840 6.8165 6.8190 6.8297 6.7780 *EURO COMMUNITY ECU 1.1086 1.1015 1.1035 1.1016 1.1102 FINLAND MARKKA 5.4100 5.4415 5.4390 5.4480 5.4080 FRANCE FRANC 5.9680 5.9995 5.9935 6.0080 5.9640 GERMANY D. MARK 1.7797 1.7900 1.7883 1.7924 1.7787 GREECE DRACHMA 294.95 297.00 296.80 297.20 295.50 HONG KONG DOLLAR 7.7486 7.7476 7.7460 7.7485 7.7485 INDIA RUPEE 42.550 42.490 42.470 42.550 42.632 *IRELAND POUND 1.4117 1.4035 1.4052 1.4010 1.4140 ITALY LIRA 1755.90 1765.00 1765.20 1767.60 1754.56 JAPAN YEN 138.85 140.39 141.10 141.54 140.93 MALAYSIA RINGGIT 4.1224 4.1450 4.1550 4.1525 4.1300 MEXICO PESO 8.7950 8.8180 8.8740 8.8680 8.8780 NETHERLANDS GUILDER 2.0070 2.0185 2.0165 2.0197 2.0057 *NEW ZEALAND DOLLAR 0.5270 0.5251 0.5206 0.5170 0.5195 NORWAY KRONE 7.5100 7.5720 7.5660 7.5750 7.5340 PORTUGAL ESCUDO 182.05 182.97 183.00 183.30 181.90 SINGAPORE DOLLAR 1.70 1.71 1.71 1.71 1.71 SOUTH AFRICA RAND 6.2450 6.3600 6.2575 6.2400 6.1850 SOUTH KOREA WON 1290.00 1293.00 1292.00 1277.00 1247.50 SPAIN PESETA 151.050 151.950 151.950 152.150 151.050 SRI LANKA RUPEE 65.760 66.000 66.450 66.400 65.513 SWEDEN KRONA 7.9030 7.9685 7.9580 7.9560 7.8850 SWITZERLAND FRANC 1.5045 1.5123 1.5100 1.5120 1.4948 TAIWAN DOLLAR 34.320 34.320 34.370 34.400 34.400 THAILAND BAHT 40.880 41.000 41.050 41.200 40.850 *UNITED KINGDOM POUND 1.6480 1.6430 1.6420 1.6474 1.6594 MEMO: **UNITED STATES DOLLAR 100.52 101.11 101.15 101.28 100.63 *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. THIS RELEASE AND HISTORIC RATES ARE AVAILABLE ONLINE AT WWW.BOG.FRB.FED.US. 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. FEDERAL RESERVE STATISTICAL RELEASE August 14, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JULY 31, 1998 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 Jul. 27 Jul. 28 Jul. 29 Jul. 30 Jul. 31 *AUSTRALIA DOLLAR 0.6090 0.6115 0.6105 0.6145 0.6070 AUSTRIA SCHILLING 12.550 12.477 12.479 12.486 12.516 BELGIUM FRANC 36.773 36.577 36.566 36.590 36.703 CANADA DOLLAR 1.5040 1.5023 1.5039 1.5085 1.5112 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.7950 6.7605 6.7585 6.7600 6.7825 *EURO COMMUNITY ECU 1.1079 1.1124 1.1100 1.1106 1.1080 FINLAND MARKKA 5.4210 5.3950 5.3924 5.3950 5.4100 FRANCE FRANC 5.9840 5.9460 5.9465 5.9545 5.9670 GERMANY D. MARK 1.7840 1.7733 1.7735 1.7763 1.7790 GREECE DRACHMA 296.38 294.68 294.87 295.47 295.97 HONG KONG DOLLAR 7.7475 7.7450 7.7475 7.7472 7.7490 INDIA RUPEE 42.600 42.650 42.550 42.620 42.600 *IRELAND POUND 1.4095 1.4170 1.4180 1.4157 1.4100 ITALY LIRA 1759.00 1749.00 1749.50 1751.50 1758.00 JAPAN YEN 142.24 141.75 142.46 142.51 144.65 MALAYSIA RINGGIT 4.1450 4.1200 4.1278 4.1150 4.1450 MEXICO PESO 8.8920 8.8920 8.9210 8.9040 8.9200 NETHERLANDS GUILDER 2.0107 2.0001 2.0000 2.0010 2.0068 *NEW ZEALAND DOLLAR 0.5110 0.5138 0.5135 0.5173 0.5115 NORWAY KRONE 7.5450 7.5155 7.5260 7.5320 7.5570 PORTUGAL ESCUDO 182.40 181.65 181.49 181.56 182.08 SINGAPORE DOLLAR 1.72 1.71 1.72 1.72 1.73 SOUTH AFRICA RAND 6.2600 6.2500 6.1900 6.1000 6.1350 SOUTH KOREA WON 1212.00 1259.00 1245.00 1236.00 1232.00 SPAIN PESETA 151.330 150.680 150.700 150.720 151.100 SRI LANKA RUPEE 65.950 65.950 65.650 65.650 66.150 SWEDEN KRONA 7.8860 7.8780 7.9110 7.9250 7.9595 SWITZERLAND FRANC 1.4995 1.4925 1.4870 1.4870 1.4915 TAIWAN DOLLAR 34.430 34.380 34.340 34.340 34.390 THAILAND BAHT 41.100 41.000 40.900 40.700 40.950 *UNITED KINGDOM POUND 1.6565 1.6485 1.6440 1.6415 1.6349 MEMO: **UNITED STATES DOLLAR 101.00 100.64 100.76 100.89 101.32 *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. THIS RELEASE AND HISTORIC RATES ARE AVAILABLE ONLINE AT WWW.BOG.FRB.FED.US. 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. FEDERAL RESERVE STATISTICAL RELEASE August 14, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING AUGUST 7, 1998 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 Aug. 3 Aug. 4 Aug. 5 Aug. 6 Aug. 7 *AUSTRALIA DOLLAR 0.6035 0.6050 0.6090 0.6040 0.5991 AUSTRIA SCHILLING 12.557 12.536 12.468 12.453 12.520 BELGIUM FRANC 36.795 36.728 36.545 36.485 36.690 CANADA DOLLAR 1.5155 1.5140 1.5155 1.5282 1.5219 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.8005 6.7915 6.7510 6.7405 6.7840 *EURO COMMUNITY ECU 1.1035 1.1060 1.1117 1.1120 1.1062 FINLAND MARKKA 5.4320 5.4175 5.3870 5.3800 5.4093 FRANCE FRANC 5.9820 5.9680 5.9430 5.9324 5.9665 GERMANY D. MARK 1.7844 1.7802 1.7724 1.7680 1.7798 GREECE DRACHMA 296.45 295.70 294.25 293.78 294.65 HONG KONG DOLLAR 7.7492 7.7495 7.7500 7.7495 7.7490 INDIA RUPEE 42.600 42.570 42.600 42.560 42.700 *IRELAND POUND 1.4082 1.4110 1.4177 1.4182 1.4118 ITALY LIRA 1760.80 1756.60 1749.60 1746.50 1753.30 JAPAN YEN 145.80 144.84 144.38 144.60 146.30 MALAYSIA RINGGIT 4.1600 4.1505 4.1500 4.1725 4.2025 MEXICO PESO 8.9620 8.9650 9.0070 9.0290 9.0250 NETHERLANDS GUILDER 2.0121 2.0094 1.9981 1.9955 2.0068 *NEW ZEALAND DOLLAR 0.5095 0.5135 0.5165 0.5135 0.5090 NORWAY KRONE 7.6090 7.5895 7.5580 7.5580 7.5990 PORTUGAL ESCUDO 182.70 182.27 181.35 181.05 181.90 SINGAPORE DOLLAR 1.73 1.73 1.73 1.74 1.75 SOUTH AFRICA RAND 6.1700 6.1800 6.1550 6.2200 6.2850 SOUTH KOREA WON 1250.00 1242.00 1270.00 1333.00 1330.00 SPAIN PESETA 151.550 151.210 150.450 150.270 150.950 SRI LANKA RUPEE 66.300 66.500 66.700 64.500 67.400 SWEDEN KRONA 7.9930 7.9880 7.9410 7.9760 8.0300 SWITZERLAND FRANC 1.5020 1.4970 1.4915 1.4908 1.4982 TAIWAN DOLLAR 34.450 34.450 34.500 34.510 34.650 THAILAND BAHT 41.100 40.850 40.800 41.950 42.050 *UNITED KINGDOM POUND 1.6245 1.6330 1.6360 1.6332 1.6290 MEMO: **UNITED STATES DOLLAR 101.73 101.42 101.06 101.09 101.62 *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. THIS RELEASE AND HISTORIC RATES ARE AVAILABLE ONLINE AT WWW.BOG.FRB.FED.US. 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. FEDERAL RESERVE STATISTICAL RELEASE August 14, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING AUGUST 14, 1998 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 Aug. 10 Aug. 11 Aug. 12 Aug. 13 Aug. 14 *AUSTRALIA DOLLAR 0.5985 0.5921 0.5945 0.5975 0.5940 AUSTRIA SCHILLING 12.526 12.539 12.492 12.560 12.658 BELGIUM FRANC 36.715 36.740 36.613 36.840 37.103 CANADA DOLLAR 1.5177 1.5213 1.5152 1.5170 1.5186 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.7815 6.7805 6.7597 6.8025 6.8520 *EURO COMMUNITY ECU 1.1065 1.1070 1.1102 1.1035 1.0960 FINLAND MARKKA 5.4130 5.4115 5.3940 5.4255 5.4710 FRANCE FRANC 5.9700 5.9705 5.9505 5.9845 6.0460 GERMANY D. MARK 1.7810 1.7812 1.7750 1.7854 1.8039 GREECE DRACHMA 295.02 296.80 295.37 301.05 304.20 HONG KONG DOLLAR 7.7490 7.7495 7.7525 7.7500 7.7500 INDIA RUPEE 42.750 43.000 43.050 43.050 43.230 *IRELAND POUND 1.4110 1.4090 1.4120 1.4045 1.3935 ITALY LIRA 1756.05 1756.30 1752.10 1762.00 1776.00 JAPAN YEN 146.54 147.14 146.09 145.05 146.37 MALAYSIA RINGGIT 4.2500 4.2575 4.1952 4.1850 4.2250 MEXICO PESO 9.1375 9.1950 9.1850 9.2225 9.2010 NETHERLANDS GUILDER 2.0073 2.0087 2.0020 2.0130 2.0288 *NEW ZEALAND DOLLAR 0.5069 0.5013 0.5027 0.5038 0.5038 NORWAY KRONE 7.6080 7.6035 7.5590 7.6055 7.6560 PORTUGAL ESCUDO 182.17 182.20 181.67 182.78 184.25 SINGAPORE DOLLAR 1.76 1.76 1.75 1.75 1.76 SOUTH AFRICA RAND 6.2900 6.3600 6.3425 6.3000 6.3250 SOUTH KOREA WON 1345.00 1340.00 1338.00 1340.00 1327.00 SPAIN PESETA 151.100 151.100 150.670 151.550 152.650 SRI LANKA RUPEE 67.600 66.550 66.600 66.380 66.270 SWEDEN KRONA 8.0850 8.1295 8.0870 8.1162 8.1725 SWITZERLAND FRANC 1.4973 1.4895 1.4835 1.4885 1.5090 TAIWAN DOLLAR 34.800 34.900 34.850 34.790 34.710 THAILAND BAHT 42.050 42.550 41.900 41.800 42.100 *UNITED KINGDOM POUND 1.6328 1.6295 1.6290 1.6265 1.6184 MEMO: **UNITED STATES DOLLAR 101.66 101.78 101.42 101.72 102.54 *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. THIS RELEASE AND HISTORIC RATES ARE AVAILABLE ONLINE AT WWW.BOG.FRB.FED.US. 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.