1FEDERAL RESERVE STATISTICAL RELEASE June 6, 1997 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING MAY 16, 1997 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: MONETARY (CURRENCY UNITS PER DOLLAR) COUNTRY UNIT May. 12 May. 13 May. 14 May. 15 May. 16 *AUSTRALIA DOLLAR 0.7787 0.7767 0.7780 0.7765 0.7748 AUSTRIA SCHILLING 11.995 11.950 11.962 11.960 11.920 BELGIUM FRANC 35.170 35.060 35.110 35.070 34.960 CANADA DOLLAR 1.3900 1.3862 1.3856 1.3791 1.3705 CHINA,P.R. YUAN 8.3230 8.3228 8.3225 8.3221 8.3218 DENMARK KRONE 6.4900 6.4640 6.4780 6.4770 6.4510 *EURO COMMUNITY ECU 1.1410 1.1480 1.1460 1.1480 1.1515 FINLAND MARKKA 5.1440 5.1210 5.1350 5.1470 5.1130 FRANCE FRANC 5.7435 5.7170 5.7270 5.7220 5.7050 GERMANY D. MARK 1.7038 1.6972 1.7001 1.6987 1.6929 GREECE DRACHMA 272.50 270.80 271.80 271.50 270.10 HONG KONG DOLLAR 7.7440 7.7405 7.7380 7.7385 7.7385 INDIA RUPEE 35.860 35.860 35.855 35.840 35.840 *IRELAND POUND 1.5100 1.5160 1.5215 1.5294 1.5267 ITALY LIRA 1691.00 1678.80 1675.60 1677.10 1670.75 JAPAN YEN 118.95 118.75 118.33 116.28 115.43 MALAYSIA RINGGIT 2.5125 2.5175 2.5231 2.4977 2.4835 MEXICO PESO 7.9250 7.9050 7.8940 7.8990 7.8950 NETHERLANDS GUILDER 1.9170 1.9095 1.9125 1.9105 1.9045 *NEW ZEALAND DOLLAR 0.6950 0.6945 0.6956 0.6962 0.6930 NORWAY KRONE 7.1030 7.0260 7.0450 7.0700 7.0520 PORTUGAL ESCUDO 171.70 170.88 171.20 171.26 170.65 SINGAPORE DOLLAR 1.44 1.44 1.44 1.43 1.43 SOUTH AFRICA RAND 4.4635 4.4680 4.4820 4.4840 4.4775 SOUTH KOREA WON 894.00 895.50 895.00 894.00 894.00 SPAIN PESETA 144.200 143.400 143.640 143.330 142.800 SRI LANKA RUPEE 59.210 58.720 58.650 58.500 58.600 SWEDEN KRONA 7.6940 7.6585 7.6060 7.6050 7.6220 SWITZERLAND FRANC 1.4385 1.4376 1.4395 1.4355 1.4205 TAIWAN DOLLAR 27.780 27.800 27.790 27.810 27.760 THAILAND BAHT 25.940 25.950 25.900 25.370 25.890 *UNITED KINGDOM POUND 1.6235 1.6319 1.6400 1.6385 1.6335 MEMO: **UNITED STATES DOLLAR 95.41 95.04 94.97 94.67 94.35 *VALUE IS U.S. DOLLARS **INDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U.S. DOLLAR AGAINST CURRENCIES OF OTHER G-10 COUNTRIES. MARCH 1973 = 100. WEIGHTS ARE 1972-76 GLOBAL TRADE OF EACH OF THE 10 COUNTRIES. SERIES REVISED AS OF AUGUST 1978. FOR DESCRIPTION AND BACK DATA, SEE "INDEX OF THE WEIGHTED-AVERAGE EXCHANGE VALUE OF THE U.S. DOLLAR: REVISION" ON PAGE 700 OF THE AUGUST 1978 FEDERAL RESERVE BULLETIN. FOR INFORMATION ABOUT YOUR SUBSCRIPTION TO THIS RELEASE OR ABOUT RECEIVING IT IN DOCUMENT FORM, PLEASE CALL PUBLICATIONS SERVICES AT THE FEDERAL RESERVE BOARD AT (202) 452-3244. 1FEDERAL RESERVE STATISTICAL RELEASE June 6, 1997 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING MAY 23, 1997 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: MONETARY (CURRENCY UNITS PER DOLLAR) COUNTRY UNIT May. 19 May. 20 May. 21 May. 22 May. 23 *AUSTRALIA DOLLAR 0.7743 0.7742 0.7840 0.7795 0.7650 AUSTRIA SCHILLING 12.013 11.938 11.928 11.933 11.905 BELGIUM FRANC 35.300 35.050 34.930 35.000 34.930 CANADA DOLLAR 1.3720 1.3750 1.3667 1.3717 1.3751 CHINA,P.R. YUAN 8.3223 8.3219 8.3221 8.3223 8.3223 DENMARK KRONE 6.5130 6.4580 6.4415 6.4560 6.4410 *EURO COMMUNITY ECU 1.1420 1.1515 1.1547 1.1510 1.1510 FINLAND MARKKA 5.1550 5.1060 5.1070 5.1130 5.1050 FRANCE FRANC 5.7585 5.7120 5.6980 5.7110 5.6990 GERMANY D. MARK 1.7105 1.6961 1.6918 1.6943 1.6927 GREECE DRACHMA 272.35 269.70 269.60 270.30 270.18 HONG KONG DOLLAR 7.7395 7.7392 7.7380 7.7375 7.7395 INDIA RUPEE 35.820 35.795 35.810 35.790 35.760 *IRELAND POUND 1.5230 1.5312 1.5070 1.5100 1.5130 ITALY LIRA 1677.75 1667.75 1664.50 1668.20 1666.50 JAPAN YEN 116.05 113.80 114.08 115.96 115.80 MALAYSIA RINGGIT 2.4980 2.5000 2.5010 2.5030 2.5015 MEXICO PESO 7.8940 7.8850 7.8650 7.8700 7.8850 NETHERLANDS GUILDER 1.9230 1.9065 1.9025 1.9055 1.9030 *NEW ZEALAND DOLLAR 0.6917 0.6920 0.6953 0.6935 0.6902 NORWAY KRONE 7.1230 7.0520 7.0260 7.0550 7.0510 PORTUGAL ESCUDO 171.80 170.60 170.45 170.90 170.80 SINGAPORE DOLLAR 1.43 1.43 1.43 1.43 1.43 SOUTH AFRICA RAND 4.4675 4.4670 4.4585 4.4710 4.4745 SOUTH KOREA WON 894.00 893.50 893.50 894.00 891.00 SPAIN PESETA 143.950 142.730 142.450 142.850 142.650 SRI LANKA RUPEE 58.700 58.600 58.520 58.600 58.470 SWEDEN KRONA 7.6780 7.5630 7.5365 7.6050 7.5960 SWITZERLAND FRANC 1.4288 1.4075 1.4060 1.4145 1.4048 TAIWAN DOLLAR 27.780 27.780 27.830 27.830 27.850 THAILAND BAHT 25.390 25.100 25.280 25.740 25.700 *UNITED KINGDOM POUND 1.6380 1.6438 1.6465 1.6235 1.6324 MEMO: **UNITED STATES DOLLAR 94.94 94.12 93.93 94.49 94.33 *VALUE IS U.S. DOLLARS **INDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U.S. DOLLAR AGAINST CURRENCIES OF OTHER G-10 COUNTRIES. MARCH 1973 = 100. WEIGHTS ARE 1972-76 GLOBAL TRADE OF EACH OF THE 10 COUNTRIES. SERIES REVISED AS OF AUGUST 1978. FOR DESCRIPTION AND BACK DATA, SEE "INDEX OF THE WEIGHTED-AVERAGE EXCHANGE VALUE OF THE U.S. DOLLAR: REVISION" ON PAGE 700 OF THE AUGUST 1978 FEDERAL RESERVE BULLETIN. FOR INFORMATION ABOUT YOUR SUBSCRIPTION TO THIS RELEASE OR ABOUT RECEIVING IT IN DOCUMENT FORM, PLEASE CALL PUBLICATIONS SERVICES AT THE FEDERAL RESERVE BOARD AT (202) 452-3244. 1FEDERAL RESERVE STATISTICAL RELEASE June 6, 1997 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING MAY 30, 1997 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: MONETARY (CURRENCY UNITS PER DOLLAR) COUNTRY UNIT May. 26 May. 27 May. 28 May. 29 May. 30 *AUSTRALIA DOLLAR 0.7640 0.7635 0.7644 0.7630 AUSTRIA SCHILLING 11.960 11.924 11.962 11.976 BELGIUM FRANC 35.090 34.960 35.080 35.250 CANADA DOLLAR 1.3823 1.3843 1.3817 1.3798 CHINA,P.R. YUAN 8.3216 8.3224 8.3224 8.3221 DENMARK KRONE 6.4760 6.4550 6.4720 6.5030 *EURO COMMUNITY ECU H 1.1460 1.1470 1.1459 1.1390 FINLAND MARKKA 5.1310 5.1190 5.1300 5.1500 FRANCE FRANC 5.7360 5.7250 5.7425 5.7720 GERMANY D. MARK O 1.6993 1.6939 1.6995 1.7090 GREECE DRACHMA 272.20 272.40 272.60 272.90 HONG KONG DOLLAR 7.7410 7.7440 7.7477 7.7490 INDIA RUPEE L 35.840 35.820 35.820 35.800 *IRELAND POUND 1.5130 1.5105 1.5067 1.5090 ITALY LIRA 1676.00 1681.90 1681.00 1693.00 JAPAN YEN I 116.45 115.52 116.21 116.40 MALAYSIA RINGGIT 2.5185 2.5120 2.5114 2.5132 MEXICO PESO 7.9300 7.9100 7.9100 7.9170 NETHERLANDS GUILDER D 1.9109 1.9060 1.9125 1.9213 *NEW ZEALAND DOLLAR 0.6908 0.6896 0.6902 0.6895 NORWAY KRONE 7.0800 7.0680 7.0830 7.1150 PORTUGAL ESCUDO A 171.95 171.70 172.10 172.00 SINGAPORE DOLLAR 1.43 1.43 1.43 1.43 SOUTH AFRICA RAND 4.4770 4.4730 4.4705 4.4690 SOUTH KOREA WON Y 894.50 895.00 895.00 893.50 SPAIN PESETA 143.500 143.770 143.840 144.500 SRI LANKA RUPEE 58.550 58.350 58.380 58.330 SWEDEN KRONA 7.6500 7.6760 7.7175 7.7450 SWITZERLAND FRANC 1.4165 1.4162 1.4120 1.4145 TAIWAN DOLLAR 27.860 27.900 27.890 27.890 THAILAND BAHT 25.870 25.820 25.570 24.750 *UNITED KINGDOM POUND 1.6290 1.6382 1.6405 1.6360 MEMO: **UNITED STATES DOLLAR 94.79 94.55 94.75 95.11 *VALUE IS U.S. DOLLARS **INDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U.S. DOLLAR AGAINST CURRENCIES OF OTHER G-10 COUNTRIES. MARCH 1973 = 100. WEIGHTS ARE 1972-76 GLOBAL TRADE OF EACH OF THE 10 COUNTRIES. SERIES REVISED AS OF AUGUST 1978. FOR DESCRIPTION AND BACK DATA, SEE "INDEX OF THE WEIGHTED-AVERAGE EXCHANGE VALUE OF THE U.S. DOLLAR: REVISION" ON PAGE 700 OF THE AUGUST 1978 FEDERAL RESERVE BULLETIN. FOR INFORMATION ABOUT YOUR SUBSCRIPTION TO THIS RELEASE OR ABOUT RECEIVING IT IN DOCUMENT FORM, PLEASE CALL PUBLICATIONS SERVICES AT THE FEDERAL RESERVE BOARD AT (202) 452-3244. 1FEDERAL RESERVE STATISTICAL RELEASE June 6, 1997 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JUNE 6, 1997 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: MONETARY (CURRENCY UNITS PER DOLLAR) COUNTRY UNIT Jun. 2 Jun. 3 Jun. 4 Jun. 5 Jun. 6 *AUSTRALIA DOLLAR 0.7580 0.7603 0.7587 0.7610 0.7608 AUSTRIA SCHILLING 12.158 12.155 12.193 12.180 12.178 BELGIUM FRANC 35.670 35.660 35.740 35.700 35.720 CANADA DOLLAR 1.3781 1.3740 1.3760 1.3764 1.3840 CHINA,P.R. YUAN 8.3217 8.3219 8.3215 8.3221 8.3232 DENMARK KRONE 6.5750 6.5810 6.5945 6.5865 6.5870 *EURO COMMUNITY ECU 1.1280 1.1288 1.1265 1.1271 1.1250 FINLAND MARKKA 5.1990 5.1800 5.1915 5.1980 5.2053 FRANCE FRANC 5.8255 5.8265 5.8400 5.8330 5.8405 GERMANY D. MARK 1.7283 1.7284 1.7312 1.7300 1.7300 GREECE DRACHMA 275.58 275.31 275.35 274.85 275.37 HONG KONG DOLLAR 7.7450 7.7445 7.7445 7.7485 7.7440 INDIA RUPEE 35.830 35.820 35.797 35.755 35.800 *IRELAND POUND 1.4985 1.4840 1.4870 1.4812 1.4855 ITALY LIRA 1699.40 1696.30 1700.50 1701.00 1705.30 JAPAN YEN 116.74 116.15 116.30 115.67 115.40 MALAYSIA RINGGIT 2.5150 2.5178 2.5170 2.5170 2.5115 MEXICO PESO 7.9100 7.9140 7.9290 7.9470 7.9850 NETHERLANDS GUILDER 1.9434 1.9444 1.9487 1.9466 1.9472 *NEW ZEALAND DOLLAR 0.6879 0.6885 0.6887 0.6865 0.6885 NORWAY KRONE 7.1670 7.1335 7.1525 7.1660 7.1881 PORTUGAL ESCUDO 174.80 174.50 174.80 174.90 175.02 SINGAPORE DOLLAR 1.43 1.43 1.43 1.43 1.43 SOUTH AFRICA RAND 4.4730 4.4695 4.4665 4.4835 4.4845 SOUTH KOREA WON 893.50 893.50 893.50 893.00 893.00 SPAIN PESETA 145.880 145.900 146.200 146.100 146.400 SRI LANKA RUPEE 58.400 58.700 58.670 58.780 58.530 SWEDEN KRONA 7.7850 7.7490 7.7590 7.7600 7.7943 SWITZERLAND FRANC 1.4285 1.4383 1.4481 1.4482 1.4540 TAIWAN DOLLAR 27.890 27.900 27.920 27.920 27.920 THAILAND BAHT 24.900 24.920 24.700 24.000 23.950 *UNITED KINGDOM POUND 1.6343 1.6342 1.6272 1.6328 1.6280 MEMO: **UNITED STATES DOLLAR 95.74 95.64 95.86 95.71 95.84 *VALUE IS U.S. DOLLARS **INDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U.S. DOLLAR AGAINST CURRENCIES OF OTHER G-10 COUNTRIES. MARCH 1973 = 100. WEIGHTS ARE 1972-76 GLOBAL TRADE OF EACH OF THE 10 COUNTRIES. SERIES REVISED AS OF AUGUST 1978. FOR DESCRIPTION AND BACK DATA, SEE "INDEX OF THE WEIGHTED-AVERAGE EXCHANGE VALUE OF THE U.S. DOLLAR: REVISION" ON PAGE 700 OF THE AUGUST 1978 FEDERAL RESERVE BULLETIN. FOR INFORMATION ABOUT YOUR SUBSCRIPTION TO THIS RELEASE OR ABOUT RECEIVING IT IN DOCUMENT FORM, PLEASE CALL PUBLICATIONS SERVICES AT THE FEDERAL RESERVE BOARD AT (202) 452-3244.