FEDERAL RESERVE STATISTICAL RELEASE May 15, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING APRIL 24, 1998 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 Apr. 20 Apr. 21 Apr. 22 Apr. 23 Apr. 24 *AUSTRALIA DOLLAR 0.6455 0.6487 0.6515 0.6535 0.6507 AUSTRIA SCHILLING 12.665 12.587 12.610 12.669 12.626 BELGIUM FRANC 37.150 36.912 37.005 37.175 37.000 CANADA DOLLAR 1.4280 1.4310 1.4327 1.4345 1.4360 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.2786 DENMARK KRONE 6.8665 6.8230 6.8330 6.8700 6.8484 *EURO COMMUNITY ECU 1.1004 1.1055 1.1028 1.0984 1.1023 FINLAND MARKKA 5.4650 5.4230 5.4380 5.4600 5.4390 FRANCE FRANC 6.0315 5.9960 6.0090 6.0390 6.0060 GERMANY D. MARK 1.7992 1.7887 1.7920 1.8010 1.7918 GREECE DRACHMA 312.40 309.11 310.30 313.30 311.95 HONG KONG DOLLAR 7.7490 7.7495 7.7575 7.7595 7.7498 INDIA RUPEE 39.710 39.800 39.750 39.780 39.720 *IRELAND POUND 1.3998 1.4103 1.4041 1.3989 1.4070 ITALY LIRA 1779.00 1767.50 1772.50 1779.50 1770.10 JAPAN YEN 132.23 131.33 130.77 130.19 130.90 MALAYSIA RINGGIT 3.7900 3.7400 3.7750 3.7900 3.7700 MEXICO PESO 8.4760 8.4575 8.4630 8.4670 8.4780 NETHERLANDS GUILDER 2.0275 2.0141 2.0179 2.0265 2.0158 *NEW ZEALAND DOLLAR 0.5545 0.5597 0.5593 0.5615 0.5595 NORWAY KRONE 7.4790 7.4177 7.4380 7.4894 7.4500 PORTUGAL ESCUDO 184.65 183.00 183.70 184.40 183.65 SINGAPORE DOLLAR 1.60 1.60 1.59 1.59 1.59 SOUTH AFRICA RAND 5.0500 5.0470 5.0484 5.0635 5.0535 SOUTH KOREA WON 1385.00 1379.00 1377.00 1373.00 1366.00 SPAIN PESETA 153.100 151.900 152.300 153.100 152.100 SRI LANKA RUPEE 62.850 63.500 63.200 63.000 62.700 SWEDEN KRONA 7.7190 7.6700 7.6850 7.7278 7.6830 SWITZERLAND FRANC 1.4937 1.4825 1.4840 1.4910 1.4903 TAIWAN DOLLAR 33.100 33.050 33.050 33.050 33.050 THAILAND BAHT 39.350 39.150 39.320 39.400 38.900 *UNITED KINGDOM POUND 1.6757 1.6762 1.6718 1.6665 1.6678 MEMO: **UNITED STATES DOLLAR 99.80 99.32 99.44 99.74 99.49 *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 AND HISTORIC RATES ARE AVAILABLE ONLINE AT WWW.BOG.FRB.FED.US. 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. FEDERAL RESERVE STATISTICAL RELEASE May 15, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING MAY 1, 1998 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 Apr. 27 Apr. 28 Apr. 29 Apr. 30 May. 1 *AUSTRALIA DOLLAR 0.6473 0.6440 0.6485 0.6520 0.6520 AUSTRIA SCHILLING 12.583 12.625 12.633 12.619 12.511 BELGIUM FRANC 36.915 37.050 37.040 37.000 36.710 CANADA DOLLAR 1.4385 1.4390 1.4376 1.4302 1.4340 CHINA,P.R. YUAN 8.2790 8.3100 8.3100 8.3100 8.2779 DENMARK KRONE 6.8260 6.8470 6.8435 6.8400 6.7760 *EURO COMMUNITY ECU 1.1053 1.1020 1.1015 1.1024 1.1103 FINLAND MARKKA 5.4300 5.4450 5.4440 5.4430 5.3970 FRANCE FRANC 5.9910 6.0150 6.0175 6.0170 5.9610 GERMANY D. MARK 1.7875 1.7942 1.7948 1.7944 1.7783 GREECE DRACHMA 315.45 315.00 316.80 314.35 309.90 HONG KONG DOLLAR 7.7495 7.7492 7.7430 7.7465 7.7490 INDIA RUPEE 39.750 39.805 39.780 39.740 39.820 *IRELAND POUND 1.4110 1.4070 1.4065 1.4040 1.4153 ITALY LIRA 1768.50 1773.50 1773.50 1771.50 1755.75 JAPAN YEN 132.09 132.19 132.05 132.37 133.01 MALAYSIA RINGGIT 3.7975 3.7600 3.7400 3.7550 3.6750 MEXICO PESO 8.5150 8.4890 8.5050 8.4920 8.4950 NETHERLANDS GUILDER 2.0107 2.0180 2.0208 2.0200 2.0018 *NEW ZEALAND DOLLAR 0.5539 0.5513 0.5530 0.5555 0.5552 NORWAY KRONE 7.4480 7.4670 7.4600 7.4600 7.3905 PORTUGAL ESCUDO 183.24 183.95 183.91 183.85 182.25 SINGAPORE DOLLAR 1.60 1.59 1.59 1.59 1.58 SOUTH AFRICA RAND 5.0480 5.0445 5.0515 5.0540 5.0520 SOUTH KOREA WON 1365.00 1351.00 1339.00 1338.00 1338.00 SPAIN PESETA 151.920 152.450 152.350 152.350 150.900 SRI LANKA RUPEE 63.150 63.750 63.400 63.500 63.450 SWEDEN KRONA 7.7200 7.7550 7.7550 7.7370 7.6850 SWITZERLAND FRANC 1.4860 1.4930 1.4955 1.5005 1.4883 TAIWAN DOLLAR 33.100 33.020 33.100 32.980 33.050 THAILAND BAHT 38.850 38.550 38.650 38.700 38.600 *UNITED KINGDOM POUND 1.6733 1.6673 1.6702 1.6727 1.6675 MEMO: **UNITED STATES DOLLAR 99.47 99.77 99.75 99.70 99.25 *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 AND HISTORIC RATES ARE AVAILABLE ONLINE AT WWW.BOG.FRB.FED.US. 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. FEDERAL RESERVE STATISTICAL RELEASE May 15, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING MAY 8, 1998 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. 4 May. 5 May. 6 May. 7 May. 8 *AUSTRALIA DOLLAR 0.6450 0.6412 0.6370 0.6373 0.6355 AUSTRIA SCHILLING 12.525 12.475 12.425 12.410 12.465 BELGIUM FRANC 36.720 36.563 36.423 36.500 36.520 CANADA DOLLAR 1.4350 1.4390 1.4391 1.4400 1.4367 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.7895 6.7620 6.7330 6.7230 6.7520 *EURO COMMUNITY ECU 1.1092 1.1127 1.1165 1.1160 1.1112 FINLAND MARKKA 5.4122 5.3850 5.3670 5.3620 5.3820 FRANCE FRANC 5.9690 5.9440 5.9200 5.9135 5.9380 GERMANY D. MARK 1.7802 1.7721 1.7656 1.7636 1.7707 GREECE DRACHMA 309.03 307.01 306.98 308.87 308.63 HONG KONG DOLLAR 7.7486 7.7490 7.7490 7.7497 7.7500 INDIA RUPEE 39.750 39.800 39.840 39.800 39.805 *IRELAND POUND 1.4120 1.4175 1.4239 1.4235 1.4205 ITALY LIRA 1758.20 1747.50 1740.72 1739.50 1747.40 JAPAN YEN 132.98 131.74 132.73 133.09 132.88 MALAYSIA RINGGIT 3.6700 3.6900 3.8900 3.8700 3.8200 MEXICO PESO 8.4790 8.4750 8.4800 8.5010 8.4780 NETHERLANDS GUILDER 2.0060 1.9972 1.9897 1.9870 1.9955 *NEW ZEALAND DOLLAR 0.5535 0.5515 0.5450 0.5437 0.5448 NORWAY KRONE 7.3986 7.3570 7.3375 7.3645 7.4125 PORTUGAL ESCUDO 182.40 181.55 180.91 180.81 181.43 SINGAPORE DOLLAR 1.58 1.59 1.61 1.63 1.62 SOUTH AFRICA RAND 5.0600 5.0600 5.0570 5.0655 5.0630 SOUTH KOREA WON 1349.00 1349.00 1371.00 1406.00 1389.00 SPAIN PESETA 151.360 150.550 150.060 149.870 150.570 SRI LANKA RUPEE 63.450 63.690 63.500 63.950 64.050 SWEDEN KRONA 7.6800 7.6300 7.5800 7.5850 7.6136 SWITZERLAND FRANC 1.4895 1.4835 1.4735 1.4703 1.4795 TAIWAN DOLLAR 33.010 33.010 33.040 33.170 33.250 THAILAND BAHT 38.600 38.550 39.200 38.950 38.700 *UNITED KINGDOM POUND 1.6660 1.6605 1.6610 1.6485 1.6380 MEMO: **UNITED STATES DOLLAR 99.34 98.97 98.80 98.88 99.17 *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 AND HISTORIC RATES ARE AVAILABLE ONLINE AT WWW.BOG.FRB.FED.US. 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. FEDERAL RESERVE STATISTICAL RELEASE May 15, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING MAY 15, 1998 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. 11 May. 12 May. 13 May. 14 May. 15 *AUSTRALIA DOLLAR 0.6371 0.6330 0.6276 0.6270 0.6270 AUSTRIA SCHILLING 12.513 12.488 12.516 12.538 12.570 BELGIUM FRANC 36.675 36.610 36.695 36.755 36.845 CANADA DOLLAR 1.4335 1.4323 1.4448 1.4480 1.4508 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.7766 6.7630 6.7770 6.7870 6.8020 *EURO COMMUNITY ECU 1.1070 1.1095 1.1070 1.1055 1.1046 FINLAND MARKKA 5.4060 5.3960 5.4060 5.4175 5.4280 FRANCE FRANC 5.9620 5.9510 5.9647 5.9755 5.9900 GERMANY D. MARK 1.7796 1.7745 1.7780 1.7817 1.7861 GREECE DRACHMA 309.32 308.34 308.25 308.03 309.17 HONG KONG DOLLAR 7.7499 7.7485 7.7490 7.7485 7.7490 INDIA RUPEE 39.790 39.850 39.850 40.650 40.650 *IRELAND POUND 1.4130 1.4200 1.4148 1.4122 1.4130 ITALY LIRA 1753.60 1749.25 1753.00 1757.50 1761.80 JAPAN YEN 132.84 134.00 134.18 134.23 134.39 MALAYSIA RINGGIT 3.8725 3.8925 3.8900 3.7900 3.7578 MEXICO PESO 8.4700 8.5100 8.5150 8.5050 8.5200 NETHERLANDS GUILDER 2.0035 2.0000 2.0045 2.0078 2.0127 *NEW ZEALAND DOLLAR 0.5410 0.5365 0.5345 0.5330 0.5352 NORWAY KRONE 7.4420 7.4220 7.4620 7.4760 7.4980 PORTUGAL ESCUDO 182.20 181.70 182.30 182.61 183.03 SINGAPORE DOLLAR 1.63 1.65 1.66 1.66 1.65 SOUTH AFRICA RAND 5.0650 5.0750 5.0840 5.0840 5.0895 SOUTH KOREA WON 1393.00 1393.00 1420.00 1425.00 1440.00 SPAIN PESETA 151.000 150.650 151.150 151.270 151.750 SRI LANKA RUPEE 63.920 63.950 64.200 64.180 64.500 SWEDEN KRONA 7.6347 7.6140 7.7040 7.7230 7.7450 SWITZERLAND FRANC 1.4860 1.4805 1.4809 1.4840 1.4879 TAIWAN DOLLAR 33.210 33.420 33.450 33.250 33.250 THAILAND BAHT 38.650 38.770 39.050 38.850 39.150 *UNITED KINGDOM POUND 1.6300 1.6347 1.6308 1.6306 1.6278 MEMO: **UNITED STATES DOLLAR 99.48 99.40 99.70 99.85 100.07 *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 AND HISTORIC RATES ARE AVAILABLE ONLINE AT WWW.BOG.FRB.FED.US. 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.