H.10(512) January 4, 2002 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JANUARY 4, 2002 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 Dec. 31 Jan. 1 Jan. 2 Jan. 3 Jan. 4 *AUSTRALIA DOLLAR 0.5117 0.5145 0.5146 0.5194 BRAZIL REAL 2.3120 H 2.3100 2.2930 2.3140 CANADA DOLLAR 1.5925 1.5974 1.5970 1.5977 CHINA, P.R. YUAN 8.2766 8.2766 8.2766 8.2768 DENMARK KRONE 8.3529 O 8.2330 8.2825 8.3155 *EMU MEMBERS EURO 0.8901 0.9031 0.8992 0.8946 HONG KONG DOLLAR 7.7980 7.7980 7.7985 7.7985 INDIA RUPEE 48.27 L 48.27 48.28 48.30 JAPAN YEN 131.04 132.02 131.76 131.02 MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 MEXICO PESO 9.156 I 9.095 9.118 9.140 *NEW ZEALAND DOLLAR 0.4161 0.4229 0.4253 0.4292 NORWAY KRONE 8.9724 8.8775 8.9050 8.9280 SINGAPORE DOLLAR 1.8470 D 1.8525 1.8495 1.8440 SOUTH AFRICA RAND 12.0000 12.4700 12.4050 12.1360 SOUTH KOREA WON 1313.50 1317.40 1312.70 1308.70 SRI LANKA RUPEE 93.130 A 93.150 93.130 93.150 SWEDEN KRONA 10.4571 10.2690 10.2925 10.3120 SWITZERLAND FRANC 1.6598 1.6424 1.6495 1.6507 TAIWAN DOLLAR 35.000 Y 35.040 35.030 35.000 THAILAND BAHT 44.240 44.200 44.100 43.910 *UNITED KINGDOM POUND 1.4543 1.4451 1.4400 1.4455 VENEZUELA BOLIVAR 758.00 759.50 759.76 760.00 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 128.31 128.14 128.21 128.23 2)MAJOR CURRENCY MAR73=100 107.24 107.05 107.18 107.16 3)OITP JAN97=100 137.03 136.92 136.90 136.96 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 January 7, 2002, 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.