FEDERAL RESERVE STATISTICAL RELEASE July 31, 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. FEDERAL RESERVE STATISTICAL RELEASE July 31, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JULY 17, 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. 13 Jul. 14 Jul. 15 Jul. 16 Jul. 17 *AUSTRALIA DOLLAR 0.6165 0.6245 0.6234 0.6290 0.6267 AUSTRIA SCHILLING 12.709 12.669 12.665 12.597 12.565 BELGIUM FRANC 37.153 37.146 37.140 36.925 36.850 CANADA DOLLAR 1.4786 1.4790 1.4850 1.4890 1.4885 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.8640 6.8630 6.8650 6.8205 6.8020 *EURO COMMUNITY ECU 1.0974 1.0970 1.0968 1.1030 1.1068 FINLAND MARKKA 5.4750 5.4780 5.4750 5.4450 5.4275 FRANCE FRANC 6.0355 6.0450 6.0435 6.0025 5.9828 GERMANY D. MARK 1.8000 1.8023 1.8008 1.7904 1.7839 GREECE DRACHMA 298.70 298.52 299.95 297.90 296.10 HONG KONG DOLLAR 7.7496 7.7488 7.7500 7.7488 7.7490 INDIA RUPEE 42.700 42.650 42.750 42.750 42.550 *IRELAND POUND 1.3963 1.3955 1.3958 1.4035 1.4090 ITALY LIRA 1775.00 1777.50 1775.00 1765.50 1759.80 JAPAN YEN 140.98 139.84 140.67 140.25 139.60 MALAYSIA RINGGIT 4.2150 4.1300 4.1550 4.1000 4.1295 MEXICO PESO 8.8995 8.8570 8.8550 8.8475 8.8240 NETHERLANDS GUILDER 2.0312 2.0309 2.0295 2.0188 2.0115 *NEW ZEALAND DOLLAR 0.5173 0.5255 0.5225 0.5267 0.5270 NORWAY KRONE 7.6590 7.6710 7.6310 7.5680 7.5240 PORTUGAL ESCUDO 184.25 184.50 184.40 183.15 182.65 SINGAPORE DOLLAR 1.72 1.69 1.70 1.69 1.71 SOUTH AFRICA RAND 6.1425 6.0100 6.1325 6.2075 6.3900 SOUTH KOREA WON 1314.00 1291.00 1285.00 1286.00 1286.00 SPAIN PESETA 152.730 152.950 152.900 152.050 151.450 SRI LANKA RUPEE 65.900 65.690 66.350 66.000 65.650 SWEDEN KRONA 8.0375 8.0570 8.0250 7.9500 7.9140 SWITZERLAND FRANC 1.5185 1.5205 1.5153 1.5070 1.5050 TAIWAN DOLLAR 34.500 34.400 34.400 34.370 34.280 THAILAND BAHT 41.800 41.210 41.450 40.700 40.850 *UNITED KINGDOM POUND 1.6412 1.6355 1.6337 1.6387 1.6427 MEMO: **UNITED STATES DOLLAR 101.49 101.50 101.56 101.10 100.79 *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 31, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JULY 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 Jul. 20 Jul. 21 Jul. 22 Jul. 23 Jul. 24 *AUSTRALIA DOLLAR 0.6301 0.6263 0.6211 0.6168 0.6196 AUSTRIA SCHILLING 12.525 12.596 12.585 12.605 12.517 BELGIUM FRANC 36.705 36.920 36.881 36.960 36.681 CANADA DOLLAR 1.4880 1.4923 1.4957 1.4953 1.4979 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.7840 6.8165 6.8190 6.8297 6.7780 *EURO COMMUNITY ECU 1.1086 1.1015 1.1035 1.1016 1.1102 FINLAND MARKKA 5.4100 5.4415 5.4390 5.4480 5.4080 FRANCE FRANC 5.9680 5.9995 5.9935 6.0080 5.9640 GERMANY D. MARK 1.7797 1.7900 1.7883 1.7924 1.7787 GREECE DRACHMA 294.95 297.00 296.80 297.20 295.50 HONG KONG DOLLAR 7.7486 7.7476 7.7460 7.7485 7.7485 INDIA RUPEE 42.550 42.490 42.470 42.550 42.632 *IRELAND POUND 1.4117 1.4035 1.4052 1.4010 1.4140 ITALY LIRA 1755.90 1765.00 1765.20 1767.60 1754.56 JAPAN YEN 138.85 140.39 141.10 141.54 140.93 MALAYSIA RINGGIT 4.1224 4.1450 4.1550 4.1525 4.1300 MEXICO PESO 8.7950 8.8180 8.8740 8.8680 8.8780 NETHERLANDS GUILDER 2.0070 2.0185 2.0165 2.0197 2.0057 *NEW ZEALAND DOLLAR 0.5270 0.5251 0.5206 0.5170 0.5195 NORWAY KRONE 7.5100 7.5720 7.5660 7.5750 7.5340 PORTUGAL ESCUDO 182.05 182.97 183.00 183.30 181.90 SINGAPORE DOLLAR 1.70 1.71 1.71 1.71 1.71 SOUTH AFRICA RAND 6.2450 6.3600 6.2575 6.2400 6.1850 SOUTH KOREA WON 1290.00 1293.00 1292.00 1277.00 1247.50 SPAIN PESETA 151.050 151.950 151.950 152.150 151.050 SRI LANKA RUPEE 65.760 66.000 66.450 66.400 65.513 SWEDEN KRONA 7.9030 7.9685 7.9580 7.9560 7.8850 SWITZERLAND FRANC 1.5045 1.5123 1.5100 1.5120 1.4948 TAIWAN DOLLAR 34.320 34.320 34.370 34.400 34.400 THAILAND BAHT 40.880 41.000 41.050 41.200 40.850 *UNITED KINGDOM POUND 1.6480 1.6430 1.6420 1.6474 1.6594 MEMO: **UNITED STATES DOLLAR 100.52 101.11 101.15 101.28 100.63 *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 31, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JULY 31, 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. 27 Jul. 28 Jul. 29 Jul. 30 Jul. 31 *AUSTRALIA DOLLAR 0.6090 0.6115 0.6105 0.6145 0.6070 AUSTRIA SCHILLING 12.550 12.477 12.479 12.486 12.516 BELGIUM FRANC 36.773 36.577 36.566 36.590 36.703 CANADA DOLLAR 1.5040 1.5023 1.5039 1.5085 1.5112 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.7950 6.7605 6.7585 6.7600 6.7825 *EURO COMMUNITY ECU 1.1079 1.1124 1.1100 1.1106 1.1080 FINLAND MARKKA 5.4210 5.3950 5.3924 5.3950 5.4100 FRANCE FRANC 5.9840 5.9460 5.9465 5.9545 5.9670 GERMANY D. MARK 1.7840 1.7733 1.7735 1.7763 1.7790 GREECE DRACHMA 296.38 294.68 294.87 295.47 295.97 HONG KONG DOLLAR 7.7475 7.7450 7.7475 7.7472 7.7490 INDIA RUPEE 42.600 42.650 42.550 42.620 42.600 *IRELAND POUND 1.4095 1.4170 1.4180 1.4157 1.4100 ITALY LIRA 1759.00 1749.00 1749.50 1751.50 1758.00 JAPAN YEN 142.24 141.75 142.46 142.51 144.65 MALAYSIA RINGGIT 4.1450 4.1200 4.1278 4.1150 4.1450 MEXICO PESO 8.8920 8.8920 8.9210 8.9040 8.9200 NETHERLANDS GUILDER 2.0107 2.0001 2.0000 2.0010 2.0068 *NEW ZEALAND DOLLAR 0.5110 0.5138 0.5135 0.5173 0.5115 NORWAY KRONE 7.5450 7.5155 7.5260 7.5320 7.5570 PORTUGAL ESCUDO 182.40 181.65 181.49 181.56 182.08 SINGAPORE DOLLAR 1.72 1.71 1.72 1.72 1.73 SOUTH AFRICA RAND 6.2600 6.2500 6.1900 6.1000 6.1350 SOUTH KOREA WON 1212.00 1259.00 1245.00 1236.00 1232.00 SPAIN PESETA 151.330 150.680 150.700 150.720 151.100 SRI LANKA RUPEE 65.950 65.950 65.650 65.650 66.150 SWEDEN KRONA 7.8860 7.8780 7.9110 7.9250 7.9595 SWITZERLAND FRANC 1.4995 1.4925 1.4870 1.4870 1.4915 TAIWAN DOLLAR 34.430 34.380 34.340 34.340 34.390 THAILAND BAHT 41.100 41.000 40.900 40.700 40.950 *UNITED KINGDOM POUND 1.6565 1.6485 1.6440 1.6415 1.6349 MEMO: **UNITED STATES DOLLAR 101.00 100.64 100.76 100.89 101.32 *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.