H.10(512) January 5, 2001 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JANUARY 5, 2001 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 Jan. 1 Jan. 2 Jan. 3 Jan. 4 Jan. 5 *AUSTRALIA DOLLAR 0.5592 0.5635 0.5655 0.5712 BRAZIL REAL H 1.9380 1.9460 1.9380 1.9530 CANADA DOLLAR 1.4963 1.4982 1.4985 1.5003 CHINA, P.R. YUAN 8.2779 8.2773 8.2781 8.2775 DENMARK KRONE O 7.8845 7.8750 7.8991 7.8260 *EMU MEMBERS EURO 0.9465 0.9473 0.9448 0.9535 GREECE DRACHMA 359.95 NC NC NC HONG KONG DOLLAR L 7.8000 7.8000 7.7998 7.7993 INDIA RUPEE 46.74 46.75 46.78 46.76 JAPAN YEN 114.73 114.26 115.47 116.19 MALAYSIA RINGGIT I 3.8000 3.8000 3.8000 3.8000 MEXICO PESO 9.714 9.836 9.698 9.753 *NEW ZEALAND DOLLAR 0.4432 0.4463 0.4457 0.4518 NORWAY KRONE D 8.7600 8.7600 8.7628 8.7010 SINGAPORE DOLLAR 1.7370 1.7325 1.7370 1.7322 SOUTH AFRICA RAND 7.5690 7.5025 7.5430 7.5600 SOUTH KOREA WON A 1279.00 1271.50 1265.00 1264.70 SRI LANKA RUPEE 82.600 82.700 82.750 83.150 SWEDEN KRONA 9.4150 9.4450 9.4220 9.3380 SWITZERLAND FRANC Y 1.6075 1.6025 1.6115 1.6025 TAIWAN DOLLAR 33.000 33.078 33.000 32.927 THAILAND BAHT 43.790 43.700 43.530 43.260 *UNITED KINGDOM POUND 1.4977 1.5045 1.4930 1.4990 VENEZUELA BOLIVAR 700.75 700.24 699.40 698.75 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 122.95 122.98 123.04 122.98 2)MAJOR CURRENCY MAR73=100 99.30 99.16 99.56 99.38 3)OITP JAN97=100 136.00 136.33 135.78 135.94 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