H.10(512) November 15, 2002 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING NOVEMBER 15, 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 Nov. 11 Nov. 12 Nov. 13 Nov. 14 Nov. 15 *AUSTRALIA DOLLAR 0.5610 0.5598 0.5626 0.5628 BRAZIL REAL H 3.5930 3.6510 3.7050 3.6900 CANADA DOLLAR 1.5739 1.5765 1.5748 1.5815 CHINA, P.R. YUAN 8.2771 8.2771 8.2771 8.2771 DENMARK KRONE O 7.3530 7.3830 7.4030 7.3640 *EMU MEMBERS EURO 1.0105 1.0060 1.0034 1.0082 HONG KONG DOLLAR 7.7997 7.7994 7.7997 7.7997 INDIA RUPEE L 48.30 48.30 48.29 48.23 JAPAN YEN 119.57 120.28 120.45 120.37 MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 MEXICO PESO I 10.342 10.266 10.214 10.250 *NEW ZEALAND DOLLAR 0.4945 0.4956 0.4995 0.4998 NORWAY KRONE 7.2450 7.2880 7.2940 7.2500 SINGAPORE DOLLAR D 1.7640 1.7663 1.7618 1.7630 SOUTH AFRICA RAND 9.8200 9.8270 9.7100 9.6500 SOUTH KOREA WON 1200.50 1197.20 1206.70 1203.30 SRI LANKA RUPEE A 96.450 96.450 96.450 96.450 SWEDEN KRONA 8.9880 9.0150 9.0530 9.0100 SWITZERLAND FRANC 1.4465 1.4577 1.4615 1.4542 TAIWAN DOLLAR Y 34.520 34.570 34.690 34.660 THAILAND BAHT 43.180 43.360 43.450 43.500 *UNITED KINGDOM POUND 1.5879 1.5850 1.5788 1.5790 VENEZUELA BOLIVAR 1348.00 1361.50 1373.00 1353.00 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 125.96 126.16 126.26 126.22 2)MAJOR CURRENCY MAR73=100 99.07 99.44 99.55 99.50 3)OITP JAN97=100 144.71 144.56 144.62 144.62 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.