H.10(512) JULY 21, 1997 FOR THE WEEK ENDING JULY 18, 1997 MONETARY (CURRENCY UNITS PER DOLLAR) COUNTRY UNIT Jul. 14 Jul. 15 Jul. 16 Jul. 17 Jul. 18 *AUSTRALIA DOLLAR 0.7360 0.7343 0.7355 0.7357 0.7430 AUSTRIA SCHILLING 12.605 12.680 12.638 12.607 12.585 BELGIUM FRANC 36.910 37.210 37.130 37.000 36.970 CANADA DOLLAR 1.3690 1.3708 1.3736 1.3781 1.3746 CHINA,P.R. YUAN 8.3210 8.3216 8.3219 8.3210 8.3215 DENMARK KRONE 6.8070 6.8700 6.8540 6.8260 6.8105 *EURO COMMUNITY ECU 1.1005 1.0960 1.0977 1.1014 1.1025 FINLAND MARKKA 5.2990 5.3210 5.3100 5.2930 5.2873 FRANCE FRANC 6.0430 6.0855 6.0730 6.0540 6.0475 GERMANY D. MARK 1.7885 1.8029 1.7987 1.7922 1.7885 GREECE DRACHMA 279.90 282.70 282.45 281.48 280.97 HONG KONG DOLLAR 7.7495 7.7485 7.7498 7.7500 7.7515 INDIA RUPEE 35.750 35.730 35.730 35.720 35.710 *IRELAND POUND 1.5070 1.4975 1.5000 1.5060 1.5015 ITALY LIRA 1736.00 1749.50 1745.10 1743.90 1742.30 JAPAN YEN 113.76 115.87 116.28 116.13 115.46 MALAYSIA RINGGIT 2.5690 2.5690 2.5930 2.5905 2.6475 MEXICO PESO 7.8720 7.8870 7.9230 7.8590 7.9030 NETHERLANDS GUILDER 2.0125 2.0290 2.0258 2.0185 2.0148 *NEW ZEALAND DOLLAR 0.6655 0.6630 0.6592 0.6557 0.6523 NORWAY KRONE 7.4660 7.5580 7.4715 7.4050 7.3953 PORTUGAL ESCUDO 180.28 182.00 181.80 181.04 180.63 SINGAPORE DOLLAR 1.4420 1.4433 1.4490 1.4590 1.4692 SOUTH AFRICA RAND 4.5555 4.5560 4.5570 4.5585 4.5680 SOUTH KOREA WON 893.50 894.00 896.00 896.00 897.00 SPAIN PESETA 151.020 151.830 151.550 150.950 150.900 SRI LANKA RUPEE 58.570 58.570 58.740 58.700 58.700 SWEDEN KRONA 7.7995 7.8640 7.8300 7.7810 7.7687 SWITZERLAND FRANC 1.4720 1.4803 1.4832 1.4815 1.4730 TAIWAN DOLLAR 27.940 27.960 27.970 27.970 27.960 THAILAND BAHT 29.800 30.100 29.900 30.700 31.000 *UNITED KINGDOM POUND 1.6882 1.6765 1.6745 1.6750 1.6761 MEMO: **UNITED STATES DOLLAR 96.90 97.72 97.67 97.48 97.26 *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. THIS RELEASE IS AVAILABLE ONLINE THROUGH THE FACILITIES OF THE DEPARTMENT OF COMMERCE'S ECONOMIC BULLETIN BOARD. FOR INFORMATION, CALL (202) 482-1986. 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.