H.10(512) October 11, 2002 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING OCTOBER 11, 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 Oct. 7 Oct. 8 Oct. 9 Oct. 10 Oct. 11 *AUSTRALIA DOLLAR 0.5497 0.5470 0.5485 0.5473 0.5485 BRAZIL REAL 3.6790 3.7260 3.8495 3.9450 3.9300 CANADA DOLLAR 1.5922 1.5935 1.5933 1.5916 1.5888 CHINA, P.R. YUAN 8.2774 8.2774 8.2772 8.2771 8.2770 DENMARK KRONE 7.5660 7.5820 7.5225 7.5375 7.5395 *EMU MEMBERS EURO 0.9816 0.9796 0.9868 0.9861 0.9854 HONG KONG DOLLAR 7.7998 7.8000 7.7998 7.7998 7.8000 INDIA RUPEE 48.35 48.39 48.34 48.38 48.36 JAPAN YEN 124.44 124.26 123.55 123.64 124.04 MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 3.8000 MEXICO PESO 10.216 10.163 10.200 10.222 10.158 *NEW ZEALAND DOLLAR 0.4844 0.4820 0.4809 0.4795 0.4807 NORWAY KRONE 7.4235 7.4180 7.4060 7.3895 7.3930 SINGAPORE DOLLAR 1.7922 1.7885 1.7860 1.7940 1.7935 SOUTH AFRICA RAND 10.5240 10.5300 10.4800 10.4300 10.4475 SOUTH KOREA WON 1240.70 1254.00 1246.50 1257.80 1260.30 SRI LANKA RUPEE 96.400 96.400 96.400 96.400 96.400 SWEDEN KRONA 9.2750 9.3530 9.2900 9.2775 9.2460 SWITZERLAND FRANC 1.4900 1.4959 1.4837 1.4841 1.4860 TAIWAN DOLLAR 35.060 35.120 35.110 35.110 35.160 THAILAND BAHT 43.870 43.760 43.680 43.820 43.890 *UNITED KINGDOM POUND 1.5643 1.5569 1.5595 1.5625 1.5605 VENEZUELA BOLIVAR 1491.01 1493.00 1496.00 1471.00 1483.00 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 128.10 128.19 127.97 128.12 128.07 2)MAJOR CURRENCY MAR73=100 101.57 101.70 101.28 101.27 101.32 3)OITP JAN97=100 145.74 145.73 145.92 146.30 146.10 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.