H.10(512) August 31, 2001 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING AUGUST 31, 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 Aug. 27 Aug. 28 Aug. 29 Aug. 30 Aug. 31 *AUSTRALIA DOLLAR 0.5285 0.5292 0.5300 0.5330 0.5277 BRAZIL REAL 2.5600 2.5600 2.5490 2.5440 2.5520 CANADA DOLLAR 1.5423 1.5401 1.5462 1.5460 1.5478 CHINA, P.R. YUAN 8.2770 8.2768 8.2769 8.2767 8.2769 DENMARK KRONE 8.1830 8.1810 8.1830 8.1300 8.1920 *EMU MEMBERS EURO 0.9098 0.9102 0.9097 0.9154 0.9090 HONG KONG DOLLAR 7.7999 7.8000 7.7999 7.7999 7.7998 INDIA RUPEE 47.19 47.19 47.16 47.18 47.17 JAPAN YEN 120.12 120.48 119.79 119.40 118.75 MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 3.8000 MEXICO PESO 9.113 9.144 9.151 9.189 9.208 *NEW ZEALAND DOLLAR 0.4380 0.4393 0.4405 0.4420 0.4375 NORWAY KRONE 8.8890 8.8780 8.8650 8.8050 8.8650 SINGAPORE DOLLAR 1.7485 1.7520 1.7485 1.7480 1.7415 SOUTH AFRICA RAND 8.4000 8.3600 8.3460 8.3690 8.4300 SOUTH KOREA WON 1281.00 1281.00 1282.00 1284.00 1284.00 SRI LANKA RUPEE 89.950 90.000 90.000 90.000 90.000 SWEDEN KRONA 10.2900 10.3250 10.3820 10.3700 10.4310 SWITZERLAND FRANC 1.6697 1.6660 1.6690 1.6575 1.6698 TAIWAN DOLLAR 34.640 34.640 34.560 34.600 34.580 THAILAND BAHT 44.260 44.320 44.260 44.260 44.080 *UNITED KINGDOM POUND 1.4430 1.4501 1.4515 1.4577 1.4510 VENEZUELA BOLIVAR 738.01 736.25 737.00 737.75 737.26 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 125.45 125.53 125.54 125.33 125.47 2)MAJOR CURRENCY MAR73=100 103.19 103.15 103.16 102.81 103.03 3)OITP JAN97=100 135.73 135.97 136.00 136.07 136.05 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/). 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 dollar indexes took effect with the February 5, 2001, release of this report. * 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. The euro is reported in place of the individual euro-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 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.