H.10(512)                                                                  April 19, 2002



 FOREIGN EXCHANGE RATES

 FOR THE WEEK ENDING APRIL 19, 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       Apr. 15      Apr. 16      Apr. 17      Apr. 18      Apr. 19

 *AUSTRALIA      DOLLAR         0.5313       0.5320       0.5370       0.5387       0.5390
  BRAZIL         REAL           2.3240       2.3150       2.3190       2.3340       2.3235
  CANADA         DOLLAR         1.5892       1.5798       1.5745       1.5747       1.5723
  CHINA, P.R.    YUAN           8.2771       8.2772       8.2772       8.2772       8.2775
  DENMARK        KRONE          8.4500       8.4205       8.3700       8.3570       8.3625
 *EMU MEMBERS    EURO           0.8802       0.8830       0.8885       0.8898       0.8893
  HONG KONG      DOLLAR         7.8095       7.7995       7.8002       7.7995       7.7995
  INDIA          RUPEE         48.96        48.96        48.96        48.93        48.92
  JAPAN          YEN          131.95       131.19       130.70       129.84       130.50
  MALAYSIA       RINGGIT        3.8000       3.8000       3.8000       3.8000       3.8000
  MEXICO         PESO           9.182        9.163        9.205        9.242        9.224
 *NEW ZEALAND    DOLLAR         0.4403       0.4397       0.4440       0.4454       0.4467
  NORWAY         KRONE          8.6670       8.6580       8.6070       8.5850       8.5550
  SINGAPORE      DOLLAR         1.8367       1.8340       1.8287       1.8236       1.8222
  SOUTH AFRICA   RAND          11.1800      11.2350      11.1530      11.0980      11.1400
  SOUTH KOREA    WON         1327.90      1325.60      1318.70      1313.20      1312.20
  SRI LANKA      RUPEE         95.850       96.050       96.050       96.050       96.150
  SWEDEN         KRONA         10.3635      10.3820      10.2900      10.3290      10.2900
  SWITZERLAND    FRANC          1.6666       1.6638       1.6550       1.6485       1.6508
  TAIWAN         DOLLAR        34.990       34.980       34.960       34.940       34.900
  THAILAND       BAHT          43.500       43.480       43.360       43.260       43.320
 *UNITED KINGDOM POUND          1.4372       1.4396       1.4438       1.4479       1.4472
  VENEZUELA      BOLIVAR      861.00       901.00       881.00       841.00       842.02

  MEMO:
  UNITED STATES   DOLLAR
1)BROAD          JAN97=100    129.77       129.40       129.06       128.90       128.97
2)MAJOR CURRENCY MAR73=100    107.60       107.14       106.65       106.40       106.50
3)OITP           JAN97=100    139.79       139.66       139.63       139.66       139.65


 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

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 please call publication services at Federal Reserve Board at (202) 452-3244.