FEDERAL RESERVE STATISTICAL RELEASE June 12, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING MAY 22, 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. 18 May. 19 May. 20 May. 21 May. 22 *AUSTRALIA DOLLAR 0.6221 0.6236 0.6255 0.6304 0.6315 AUSTRIA SCHILLING 12.579 12.560 12.454 12.376 12.381 BELGIUM FRANC 36.875 36.813 36.510 36.269 36.290 CANADA DOLLAR 1.4497 1.4502 1.4498 1.4475 1.4496 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.8105 6.7985 6.7490 6.7032 6.7060 *EURO COMMUNITY ECU 1.1022 1.1034 1.1124 1.1185 1.1175 FINLAND MARKKA 5.4370 5.4250 5.3800 5.3480 5.3500 FRANCE FRANC 5.9950 5.9830 5.9370 5.8940 5.8995 GERMANY D. MARK 1.7871 1.7838 1.7704 1.7590 1.7593 GREECE DRACHMA 309.10 308.90 305.70 303.20 302.27 HONG KONG DOLLAR 7.7497 7.7495 7.7490 7.7495 7.7480 INDIA RUPEE 40.570 40.572 40.530 40.546 40.700 *IRELAND POUND 1.4085 1.4091 1.4210 1.4310 1.4290 ITALY LIRA 1762.30 1760.20 1745.00 1734.90 1736.00 JAPAN YEN 135.95 136.34 135.99 135.65 135.77 MALAYSIA RINGGIT 3.8450 3.8650 3.8300 3.7850 3.8100 MEXICO PESO 8.5360 8.5800 8.6400 8.6350 8.6500 NETHERLANDS GUILDER 2.0147 2.0112 1.9947 1.9817 1.9825 *NEW ZEALAND DOLLAR 0.5324 0.5312 0.5323 0.5350 0.5355 NORWAY KRONE 7.5250 7.5130 7.4925 7.4410 7.4190 PORTUGAL ESCUDO 183.25 182.93 181.30 180.15 180.16 SINGAPORE DOLLAR 1.65 1.65 1.65 1.64 1.64 SOUTH AFRICA RAND 5.0980 5.1101 5.1060 5.0840 5.0940 SOUTH KOREA WON 1448.00 1445.00 1412.00 1393.00 1385.00 SPAIN PESETA 151.950 151.630 150.400 149.380 149.480 SRI LANKA RUPEE 64.550 64.720 64.550 64.250 64.400 SWEDEN KRONA 7.7940 7.7680 7.7140 7.6700 7.6970 SWITZERLAND FRANC 1.4880 1.4825 1.4758 1.4645 1.4650 TAIWAN DOLLAR 33.790 33.830 33.690 33.600 33.620 THAILAND BAHT 39.450 39.600 39.450 39.250 39.450 *UNITED KINGDOM POUND 1.6235 1.6232 1.6332 1.6305 1.6318 MEMO: **UNITED STATES DOLLAR 100.32 100.23 99.62 99.17 99.23 *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 June 12, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING MAY 29, 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. 25 May. 26 May. 27 May. 28 May. 29 *AUSTRALIA DOLLAR 0.6225 0.6215 0.6219 0.6260 AUSTRIA SCHILLING 12.442 12.507 12.535 12.550 BELGIUM FRANC 36.471 36.730 36.720 36.790 CANADA DOLLAR 1.4549 1.4568 1.4556 1.4571 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.7460 6.7855 6.7900 6.7935 *EURO COMMUNITY ECU H 1.1139 1.1061 1.1053 1.1040 FINLAND MARKKA 5.3780 5.4180 5.4170 5.4200 FRANCE FRANC 5.9305 5.9760 5.9696 5.9830 GERMANY D. MARK O 1.7684 1.7816 1.7817 1.7840 GREECE DRACHMA 304.00 307.35 305.40 305.01 HONG KONG DOLLAR 7.7478 7.7490 7.7480 7.7495 INDIA RUPEE L 41.300 41.450 42.350 41.750 *IRELAND POUND 1.4231 1.4125 1.4145 1.4135 ITALY LIRA 1744.10 1754.90 1755.50 1758.60 JAPAN YEN I 137.38 137.36 138.91 138.50 MALAYSIA RINGGIT 3.8450 3.8500 3.8900 3.8702 MEXICO PESO 8.7273 8.8900 8.7850 8.8250 NETHERLANDS GUILDER D 1.9928 2.0095 2.0075 2.0105 *NEW ZEALAND DOLLAR 0.5335 0.5330 0.5325 0.5358 NORWAY KRONE 7.4700 7.5740 7.5500 7.5327 PORTUGAL ESCUDO A 181.06 182.35 182.40 182.70 SINGAPORE DOLLAR 1.66 1.67 1.68 1.68 SOUTH AFRICA RAND 5.1190 5.1545 5.1800 5.1540 SOUTH KOREA WON Y 1397.00 1415.00 1404.00 1409.00 SPAIN PESETA 150.200 151.150 151.400 151.480 SRI LANKA RUPEE 64.800 64.750 64.900 65.450 SWEDEN KRONA 7.7480 7.8200 7.8120 7.8350 SWITZERLAND FRANC 1.4700 1.4722 1.4755 1.4820 TAIWAN DOLLAR 33.890 33.900 33.880 34.000 THAILAND BAHT 39.300 39.700 40.250 40.440 *UNITED KINGDOM POUND 1.6365 1.6322 1.6277 1.6308 MEMO: **UNITED STATES DOLLAR 99.71 100.22 100.39 100.46 *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 June 12, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JUNE 5, 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 Jun. 1 Jun. 2 Jun. 3 Jun. 4 Jun. 5 *AUSTRALIA DOLLAR 0.6150 0.6145 0.6115 0.6110 0.6005 AUSTRIA SCHILLING 12.520 12.524 12.470 12.414 12.485 BELGIUM FRANC 36.700 36.715 36.550 36.371 36.598 CANADA DOLLAR 1.4568 1.4543 1.4530 1.4558 1.4586 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.7810 6.7820 6.7495 6.7180 6.7585 *EURO COMMUNITY ECU 1.1075 1.1066 1.1115 1.1152 1.1101 FINLAND MARKKA 5.4130 5.4100 5.3870 5.3672 5.3930 FRANCE FRANC 5.9660 5.9670 5.9430 5.9175 5.9530 GERMANY D. MARK 1.7794 1.7808 1.7725 1.7648 1.7745 GREECE DRACHMA 303.85 303.00 301.62 299.65 301.20 HONG KONG DOLLAR 7.7493 7.7496 7.7493 7.7496 7.7497 INDIA RUPEE 41.850 41.870 41.800 41.950 41.850 *IRELAND POUND 1.4170 1.4167 1.4240 1.4287 1.4210 ITALY LIRA 1755.00 1754.40 1744.50 1737.20 1748.10 JAPAN YEN 139.57 138.97 138.34 138.40 139.66 MALAYSIA RINGGIT 3.9500 3.9300 3.9250 3.9750 3.9950 MEXICO PESO 8.9080 8.8800 8.7950 8.7800 8.7690 NETHERLANDS GUILDER 2.0047 2.0060 1.9975 1.9885 1.9997 *NEW ZEALAND DOLLAR 0.5280 0.5235 0.5245 0.5245 0.5130 NORWAY KRONE 7.5230 7.4955 7.4572 7.4305 7.4520 PORTUGAL ESCUDO 182.40 182.35 181.50 180.65 181.65 SINGAPORE DOLLAR 1.70 1.68 1.68 1.69 1.70 SOUTH AFRICA RAND 5.2050 5.1360 5.1090 5.1140 5.1370 SOUTH KOREA WON 1400.00 1406.00 1392.00 1394.00 1396.00 SPAIN PESETA 151.260 151.250 150.480 149.850 150.700 SRI LANKA RUPEE 64.500 64.500 64.750 65.000 64.800 SWEDEN KRONA 7.8250 7.7970 7.7700 7.7525 7.8055 SWITZERLAND FRANC 1.4765 1.4800 1.4778 1.4675 1.4770 TAIWAN DOLLAR 34.300 34.340 34.210 34.300 34.350 THAILAND BAHT 42.050 41.950 42.050 42.950 43.100 *UNITED KINGDOM POUND 1.6392 1.6388 1.6385 1.6395 1.6351 MEMO: **UNITED STATES DOLLAR 100.33 100.28 99.92 99.65 100.21 *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 June 12, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JUNE 12, 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 Jun. 8 Jun. 9 Jun. 10 Jun. 11 Jun. 12 *AUSTRALIA DOLLAR 0.5995 0.5955 0.5870 0.5867 0.5925 AUSTRIA SCHILLING 12.514 12.529 12.648 12.698 12.707 BELGIUM FRANC 36.690 36.730 37.080 37.232 37.250 CANADA DOLLAR 1.4592 1.4602 1.4669 1.4701 1.4685 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.7725 6.7840 6.8430 6.8750 6.8835 *EURO COMMUNITY ECU 1.1080 1.1060 1.0972 1.0936 1.0925 FINLAND MARKKA 5.4035 5.4130 5.4600 5.4900 5.4930 FRANCE FRANC 5.9650 5.9715 6.0280 6.0490 6.0545 GERMANY D. MARK 1.7799 1.7808 1.7967 1.8043 1.8051 GREECE DRACHMA 301.55 301.40 305.27 307.10 307.05 HONG KONG DOLLAR 7.7490 7.7495 7.7493 7.7505 7.7498 INDIA RUPEE 41.860 42.450 42.450 42.450 42.200 *IRELAND POUND 1.4173 1.4160 1.4021 1.3951 1.3955 ITALY LIRA 1751.20 1754.75 1771.00 1779.10 1778.10 JAPAN YEN 140.58 140.25 141.52 143.25 144.36 MALAYSIA RINGGIT 4.0000 3.9550 4.0250 4.0250 4.0454 MEXICO PESO 8.8350 8.8280 8.8750 8.9850 9.0700 NETHERLANDS GUILDER 2.0045 2.0072 2.0260 2.0351 2.0357 *NEW ZEALAND DOLLAR 0.5090 0.5080 0.4960 0.4973 0.5013 NORWAY KRONE 7.4660 7.5150 7.5930 7.6390 7.6440 PORTUGAL ESCUDO 182.10 182.40 183.99 184.75 184.80 SINGAPORE DOLLAR 1.71 1.71 1.75 1.75 1.75 SOUTH AFRICA RAND 5.1635 5.1650 5.2030 5.2650 5.3300 SOUTH KOREA WON 1400.00 1399.00 1395.00 1395.00 1400.00 SPAIN PESETA 150.990 151.200 152.500 153.200 153.150 SRI LANKA RUPEE 64.900 65.700 65.050 65.600 65.450 SWEDEN KRONA 7.8250 7.8850 7.9750 8.0000 8.0010 SWITZERLAND FRANC 1.4772 1.4773 1.4885 1.4905 1.4970 TAIWAN DOLLAR 34.740 34.760 35.000 34.900 34.950 THAILAND BAHT 43.200 42.870 43.600 43.500 43.600 *UNITED KINGDOM POUND 1.6324 1.6347 1.6277 1.6292 1.6315 MEMO: **UNITED STATES DOLLAR 100.48 100.53 101.36 101.79 101.91 *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.