H.10(512) July 19, 2002 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JULY 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 Jul. 15 Jul. 16 Jul. 17 Jul. 18 Jul. 19 *AUSTRALIA DOLLAR 0.5599 0.5583 0.5516 0.5520 0.5555 BRAZIL REAL 2.8600 2.8690 2.8980 2.8620 2.8710 CANADA DOLLAR 1.5365 1.5347 1.5399 1.5440 1.5386 CHINA, P.R. YUAN 8.2768 8.2769 8.2769 8.2768 8.2769 DENMARK KRONE 7.3770 7.3690 7.3700 7.3870 7.3190 *EMU MEMBERS EURO 1.0072 1.0087 1.0078 1.0067 1.0156 HONG KONG DOLLAR 7.8000 7.8000 7.8000 7.8000 7.8000 INDIA RUPEE 48.85 48.83 48.81 48.82 48.75 JAPAN YEN 116.06 115.71 116.24 117.02 115.73 MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 3.8000 MEXICO PESO 9.757 9.727 9.655 9.649 9.716 *NEW ZEALAND DOLLAR 0.4850 0.4860 0.4824 0.4822 0.4870 NORWAY KRONE 7.3440 7.3260 7.3310 7.3560 7.3295 SINGAPORE DOLLAR 1.7390 1.7382 1.7397 1.7425 1.7310 SOUTH AFRICA RAND 10.0400 10.1275 10.1475 9.9600 9.9500 SOUTH KOREA WON 1171.60 1166.80 1166.80 1169.80 1165.60 SRI LANKA RUPEE 96.270 96.270 96.200 96.200 96.200 SWEDEN KRONA 9.1990 9.2440 9.2330 9.2450 9.2300 SWITZERLAND FRANC 1.4582 1.4548 1.4540 1.4540 1.4387 TAIWAN DOLLAR 33.110 33.000 32.850 32.890 32.870 THAILAND BAHT 40.740 40.420 40.550 40.590 40.460 *UNITED KINGDOM POUND 1.5656 1.5693 1.5682 1.5685 1.5785 VENEZUELA BOLIVAR 1327.00 1321.00 1311.00 1316.00 1266.25 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 123.25 123.05 123.12 123.28 122.81 2)MAJOR CURRENCY MAR73=100 97.89 97.73 97.99 98.26 97.54 3)OITP JAN97=100 139.95 139.73 139.43 139.38 139.44 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.