H.10(512) April 7, 2000 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING APRIL 7, 2000 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: (Rates in currency units per U.S. dollar except as noted) MONETARY COUNTRY UNIT Apr. 3 Apr. 4 Apr. 5 Apr. 6 Apr. 7 *AUSTRALIA DOLLAR 0.6073 0.6032 0.6053 0.6016 0.6003 BRAZIL REAL 1.7420 1.7450 1.7550 1.7450 1.7460 CANADA DOLLAR 1.4548 1.4531 1.4548 1.4515 1.4574 CHINA, P.R. YUAN 8.2786 8.2791 8.2795 8.2795 8.2795 DENMARK KRONE 7.7895 7.7770 7.7225 7.7740 7.7670 *EMU MEMBERS EURO 0.9560 0.9588 0.9647 0.9580 0.9590 GREECE DRACHMA 350.20 349.70 347.25 349.50 349.20 HONG KONG DOLLAR 7.7868 7.7863 7.7864 7.7870 7.7878 INDIA RUPEE 43.63 43.65 43.68 43.65 43.67 JAPAN YEN 104.82 105.33 105.00 104.78 105.33 MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 3.8000 MEXICO PESO 9.290 9.312 9.395 9.364 9.322 *NEW ZEALAND DOLLAR 0.4998 0.5007 0.5033 0.5010 0.5003 NORWAY KRONE 8.4640 8.4900 8.4425 8.4760 8.4820 SINGAPORE DOLLAR 1.7173 1.7183 1.7160 1.7150 1.7162 SOUTH AFRICA RAND 6.5650 6.5600 6.6025 6.5750 6.5610 SOUTH KOREA WON 1113.00 1114.00 1115.50 1112.00 1107.50 SRI LANKA RUPEE 73.850 74.180 74.150 74.180 74.150 SWEDEN KRONA 8.6780 8.6910 8.6225 8.6610 8.6420 SWITZERLAND FRANC 1.6587 1.6500 1.6330 1.6390 1.6383 TAIWAN DOLLAR 30.500 30.450 30.500 30.480 30.500 THAILAND BAHT 37.800 37.860 38.050 38.050 37.995 *UNITED KINGDOM POUND 1.5980 1.5965 1.5900 1.5800 1.5830 VENEZUELA BOLIVAR 670.50 670.36 671.25 671.86 671.01 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 117.29 117.31 117.30 117.36 117.39 2)MAJOR CURRENCY MAR73=100 95.36 95.37 95.13 95.30 95.49 3)OITP JAN97=100 128.64 128.69 129.06 128.91 128.69 This release is available online at http://www.federalreserve.gov/releases/H10. For more information on exchange rate indexes for the U.S. dollar, see "New Summary Measures of the Foreign Exchange Value of the Dollar," Federal Reserve Bulletin, vol. 84 (October 1998), pp. 811-18 (http://www.federalreserve.gov/pubs/bulletin/) and "Index of the Weighted-Average Exchange Value of the U.S. Dollar: Revision," Federal Reserve Bulletin, vol. 64 (August 1978), p.700. Weights for 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 has produced revised index values that appear in the dollar indexes starting with the November 1, 1999, release. * 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. As of the January 11, 1999 release, the euro is reported in place of the individual euro-area currencies. These currency rates can be derived from the euro rate by using the fixed conversion rates (in currencies per euro) given below: 1 EUR = 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