FEDERAL RESERVE STATISTICAL RELEASE July 10, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JUNE 19, 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. 15 Jun. 16 Jun. 17 Jun. 18 Jun. 19 *AUSTRALIA DOLLAR 0.5894 0.5925 0.6081 0.6067 0.6270 AUSTRIA SCHILLING 12.755 12.660 12.585 12.616 12.568 BELGIUM FRANC 37.417 37.108 36.895 36.985 36.835 CANADA DOLLAR 1.4740 1.4708 1.4635 1.4690 1.4695 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.9060 6.8460 6.8135 6.8255 6.8075 *EURO COMMUNITY ECU 1.0878 1.0990 1.1045 1.1032 1.1075 FINLAND MARKKA 5.5170 5.4640 5.4371 5.4470 5.4300 FRANCE FRANC 6.0840 6.0295 5.9945 6.0140 5.9905 GERMANY D. MARK 1.8142 1.7978 1.7874 1.7927 1.7856 GREECE DRACHMA 309.94 306.47 303.79 305.02 303.19 HONG KONG DOLLAR 7.7442 7.7450 7.7413 7.7430 7.7410 INDIA RUPEE 42.400 42.350 42.250 42.300 42.600 *IRELAND POUND 1.3890 1.4015 1.4075 1.4040 1.4105 ITALY LIRA 1787.00 1770.40 1761.00 1766.80 1759.30 JAPAN YEN 146.42 144.05 137.68 137.61 134.20 MALAYSIA RINGGIT 4.0900 4.0575 3.9350 3.9650 3.8750 MEXICO PESO 9.0400 9.0070 8.8900 8.9091 8.8870 NETHERLANDS GUILDER 2.0448 2.0285 2.0162 2.0208 2.0130 *NEW ZEALAND DOLLAR 0.4960 0.4963 0.5173 0.5175 0.5298 NORWAY KRONE 7.7055 7.6405 7.5790 7.5855 7.5580 PORTUGAL ESCUDO 185.76 184.12 183.17 183.53 182.74 SINGAPORE DOLLAR 1.75 1.74 1.67 1.68 1.61 SOUTH AFRICA RAND 5.3920 5.3590 5.3330 5.4025 5.4775 SOUTH KOREA WON 1437.00 1435.00 1423.00 1396.00 1395.00 SPAIN PESETA 153.860 152.540 151.680 152.150 151.430 SRI LANKA RUPEE 65.350 65.300 65.040 65.250 65.400 SWEDEN KRONA 8.1000 8.0500 7.9455 7.9340 7.9215 SWITZERLAND FRANC 1.5095 1.4975 1.4920 1.4965 1.4940 TAIWAN DOLLAR 34.910 34.850 34.850 34.120 34.110 THAILAND BAHT 43.750 43.280 41.200 41.600 41.050 *UNITED KINGDOM POUND 1.6315 1.6525 1.6620 1.6705 1.6735 MEMO: **UNITED STATES DOLLAR 102.51 101.53 100.39 100.53 99.93 *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 July 10, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JUNE 26, 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. 22 Jun. 23 Jun. 24 Jun. 25 Jun. 26 *AUSTRALIA DOLLAR 0.6110 0.6078 0.6074 0.6054 0.6030 AUSTRIA SCHILLING 12.625 12.690 12.678 12.625 12.760 BELGIUM FRANC 36.999 37.195 37.160 37.040 37.400 CANADA DOLLAR 1.4713 1.4698 1.4700 1.4668 1.4693 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.8345 6.8730 6.8570 6.8400 6.9140 *EURO COMMUNITY ECU 1.1028 1.0976 1.0990 1.1030 1.0925 FINLAND MARKKA 5.4535 5.4815 5.4770 5.4578 5.5150 FRANCE FRANC 6.0160 6.0460 6.0390 6.0180 6.0805 GERMANY D. MARK 1.7944 1.8031 1.8014 1.7960 1.8127 GREECE DRACHMA 303.55 304.50 303.86 303.19 307.25 HONG KONG DOLLAR 7.7444 7.7438 7.7448 7.7470 7.7500 INDIA RUPEE 42.800 42.950 42.850 42.850 42.900 *IRELAND POUND 1.4027 1.3950 1.3970 1.4013 1.3870 ITALY LIRA 1767.70 1778.00 1775.10 1768.80 1787.00 JAPAN YEN 137.90 139.13 140.75 141.67 142.75 MALAYSIA RINGGIT 3.9600 3.9550 3.9500 4.0000 4.0800 MEXICO PESO 8.9150 8.9100 8.9400 8.9550 9.0470 NETHERLANDS GUILDER 2.0221 2.0326 2.0307 2.0228 2.0440 *NEW ZEALAND DOLLAR 0.5176 0.5085 0.5166 0.5139 0.5060 NORWAY KRONE 7.5895 7.6020 7.5820 7.5995 7.7050 PORTUGAL ESCUDO 183.80 184.80 184.50 183.90 185.55 SINGAPORE DOLLAR 1.65 1.65 1.66 1.67 1.69 SOUTH AFRICA RAND 5.5175 5.4840 5.4320 5.5825 5.9170 SOUTH KOREA WON 1396.00 1386.00 1382.00 1375.00 1388.00 SPAIN PESETA 152.230 153.300 152.890 152.320 153.830 SRI LANKA RUPEE 65.050 65.000 64.900 65.500 65.650 SWEDEN KRONA 7.9320 7.9480 7.8945 7.8730 7.9980 SWITZERLAND FRANC 1.4970 1.5065 1.5080 1.5104 1.5255 TAIWAN DOLLAR 34.400 34.450 34.400 34.550 34.700 THAILAND BAHT 41.350 41.250 41.250 41.350 41.700 *UNITED KINGDOM POUND 1.6720 1.6641 1.6683 1.6722 1.6608 MEMO: **UNITED STATES DOLLAR 100.60 101.10 101.14 100.98 101.86 *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 July 10, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JULY 3, 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. 29 Jun. 30 Jul. 1 Jul. 2 Jul. 3 *AUSTRALIA DOLLAR 0.6075 0.6208 0.6190 0.6115 0.6185 AUSTRIA SCHILLING 12.769 12.687 12.790 12.827 12.796 BELGIUM FRANC 37.416 37.210 37.480 37.620 37.508 CANADA DOLLAR 1.4721 1.4717 1.4658 1.4686 1.4675 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.9100 6.8720 6.9240 6.9475 6.9285 *EURO COMMUNITY ECU 1.0925 1.0980 1.0900 1.0864 1.0871 FINLAND MARKKA 5.5150 5.4830 5.5240 5.5400 5.5275 FRANCE FRANC 6.0855 6.0470 6.0940 6.1145 6.0960 GERMANY D. MARK 1.8143 1.8033 1.8174 1.8229 1.8188 GREECE DRACHMA 306.40 304.40 306.00 306.50 304.65 HONG KONG DOLLAR 7.7483 7.7483 7.7475 7.7495 7.7480 INDIA RUPEE 42.590 42.500 42.350 42.750 42.600 *IRELAND POUND 1.3870 1.3968 1.3849 1.3805 1.3839 ITALY LIRA 1787.65 1776.90 1790.50 1795.00 1791.60 JAPAN YEN 141.92 138.29 138.65 141.44 139.35 MALAYSIA RINGGIT 4.1900 4.1300 4.1415 4.2176 4.1500 MEXICO PESO 9.0300 8.9850 8.9410 8.9820 8.9510 NETHERLANDS GUILDER 2.0450 2.0332 2.0489 2.0546 2.0510 *NEW ZEALAND DOLLAR 0.5063 0.5200 0.5175 0.5125 0.5195 NORWAY KRONE 7.7000 7.6650 7.7200 7.7760 7.7690 PORTUGAL ESCUDO 185.75 184.60 186.06 186.57 186.20 SINGAPORE DOLLAR 1.72 1.68 1.69 1.71 1.70 SOUTH AFRICA RAND 5.9550 5.9235 5.9901 6.3250 6.3650 SOUTH KOREA WON 1385.00 1376.00 1373.00 1370.00 1358.00 SPAIN PESETA 154.040 153.130 154.370 154.450 154.350 SRI LANKA RUPEE 65.150 65.450 65.450 65.950 65.900 SWEDEN KRONA 7.9750 7.9755 8.0390 8.1010 8.0960 SWITZERLAND FRANC 1.5275 1.5150 1.5285 1.5355 1.5300 TAIWAN DOLLAR 34.600 34.370 34.380 34.380 34.410 THAILAND BAHT 42.500 42.150 42.200 42.300 41.600 *UNITED KINGDOM POUND 1.6645 1.6695 1.6616 1.6565 1.6471 MEMO: **UNITED STATES DOLLAR 101.80 101.03 101.60 102.16 101.86 *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 July 10, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JULY 10, 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 Jul. 6 Jul. 7 Jul. 8 Jul. 9 Jul. 10 *AUSTRALIA DOLLAR 0.6165 0.6195 0.6165 0.6125 0.6140 AUSTRIA SCHILLING 12.748 12.775 12.795 12.880 12.795 BELGIUM FRANC 37.366 37.420 37.495 37.745 37.495 CANADA DOLLAR 1.4730 1.4732 1.4745 1.4768 1.4800 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.9030 6.9200 6.9230 6.9760 6.9285 *EURO COMMUNITY ECU 1.0920 1.0893 1.0876 1.0812 1.0870 FINLAND MARKKA 5.5090 5.5200 5.5280 5.5650 5.5272 FRANCE FRANC 6.0745 6.0870 6.0980 6.1395 6.0995 GERMANY D. MARK 1.8116 1.8152 1.8180 1.8305 1.8189 GREECE DRACHMA 303.16 303.20 303.65 305.50 302.50 HONG KONG DOLLAR 7.7470 7.7482 7.7485 7.7500 7.7495 INDIA RUPEE 42.560 42.600 42.750 42.750 42.600 *IRELAND POUND 1.3905 1.3870 1.3830 1.3739 1.3835 ITALY LIRA 1784.60 1788.00 1791.50 1804.50 1792.00 JAPAN YEN 140.18 138.78 139.60 141.30 141.05 MALAYSIA RINGGIT 4.1950 4.1550 4.1900 4.2575 4.2650 MEXICO PESO 8.9750 8.9600 8.9200 8.9470 8.9570 NETHERLANDS GUILDER 2.0428 2.0450 2.0500 2.0632 2.0498 *NEW ZEALAND DOLLAR 0.5160 0.5205 0.5166 0.5128 0.5140 NORWAY KRONE 7.7050 7.7100 7.7170 7.7740 7.7090 PORTUGAL ESCUDO 185.25 185.70 186.00 187.20 186.05 SINGAPORE DOLLAR 1.71 1.69 1.71 1.72 1.73 SOUTH AFRICA RAND 6.4700 6.1800 6.1500 6.2850 6.3850 SOUTH KOREA WON 1348.00 1348.00 1334.00 1310.00 1316.00 SPAIN PESETA 153.670 153.900 154.350 155.200 154.330 SRI LANKA RUPEE 65.750 65.750 66.200 66.200 65.630 SWEDEN KRONA 8.0820 8.0890 8.0680 8.1075 8.0710 SWITZERLAND FRANC 1.5255 1.5281 1.5280 1.5420 1.5385 TAIWAN DOLLAR 34.510 34.380 34.400 34.400 34.410 THAILAND BAHT 41.450 41.300 41.350 42.000 42.050 *UNITED KINGDOM POUND 1.6442 1.6375 1.6369 1.6315 1.6325 MEMO: **UNITED STATES DOLLAR 101.75 101.78 101.97 102.65 102.22 *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.