FEDERAL RESERVE STATISTICAL RELEASE September 4, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING AUGUST 14, 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 Aug. 10 Aug. 11 Aug. 12 Aug. 13 Aug. 14 *AUSTRALIA DOLLAR 0.5985 0.5921 0.5945 0.5975 0.5940 AUSTRIA SCHILLING 12.526 12.539 12.492 12.560 12.658 BELGIUM FRANC 36.715 36.740 36.613 36.840 37.103 CANADA DOLLAR 1.5177 1.5213 1.5152 1.5170 1.5186 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.7815 6.7805 6.7597 6.8025 6.8520 *EURO COMMUNITY ECU 1.1065 1.1070 1.1102 1.1035 1.0960 FINLAND MARKKA 5.4130 5.4115 5.3940 5.4255 5.4710 FRANCE FRANC 5.9700 5.9705 5.9505 5.9845 6.0460 GERMANY D. MARK 1.7810 1.7812 1.7750 1.7854 1.8039 GREECE DRACHMA 295.02 296.80 295.37 301.05 304.20 HONG KONG DOLLAR 7.7490 7.7495 7.7525 7.7500 7.7500 INDIA RUPEE 42.750 43.000 43.050 43.050 43.230 *IRELAND POUND 1.4110 1.4090 1.4120 1.4045 1.3935 ITALY LIRA 1756.05 1756.30 1752.10 1762.00 1776.00 JAPAN YEN 146.54 147.14 146.09 145.05 146.37 MALAYSIA RINGGIT 4.2500 4.2575 4.1952 4.1850 4.2250 MEXICO PESO 9.1375 9.1950 9.1850 9.2225 9.2010 NETHERLANDS GUILDER 2.0073 2.0087 2.0020 2.0130 2.0288 *NEW ZEALAND DOLLAR 0.5069 0.5013 0.5027 0.5038 0.5038 NORWAY KRONE 7.6080 7.6035 7.5590 7.6055 7.6560 PORTUGAL ESCUDO 182.17 182.20 181.67 182.78 184.25 SINGAPORE DOLLAR 1.76 1.76 1.75 1.75 1.76 SOUTH AFRICA RAND 6.2900 6.3600 6.3425 6.3000 6.3250 SOUTH KOREA WON 1345.00 1340.00 1338.00 1340.00 1327.00 SPAIN PESETA 151.100 151.100 150.670 151.550 152.650 SRI LANKA RUPEE 67.600 66.550 66.600 66.380 66.270 SWEDEN KRONA 8.0850 8.1295 8.0870 8.1162 8.1725 SWITZERLAND FRANC 1.4973 1.4895 1.4835 1.4885 1.5090 TAIWAN DOLLAR 34.800 34.900 34.850 34.790 34.710 THAILAND BAHT 42.050 42.550 41.900 41.800 42.100 *UNITED KINGDOM POUND 1.6328 1.6295 1.6290 1.6265 1.6184 MEMO: **UNITED STATES DOLLAR 101.66 101.78 101.42 101.72 102.54 *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 September 4, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING AUGUST 21, 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 Aug. 17 Aug. 18 Aug. 19 Aug. 20 Aug. 21 *AUSTRALIA DOLLAR 0.5925 0.5938 0.5940 0.5897 0.5830 AUSTRIA SCHILLING 12.622 12.650 12.665 12.651 12.630 BELGIUM FRANC 36.990 37.060 37.066 37.072 37.003 CANADA DOLLAR 1.5243 1.5285 1.5335 1.5305 1.5420 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.8295 6.8440 6.8450 6.8460 6.8340 *EURO COMMUNITY ECU 1.0986 1.0963 1.0970 1.0980 1.0980 FINLAND MARKKA 5.4565 5.4680 5.4670 5.4655 5.4633 FRANCE FRANC 6.0085 6.0325 6.0290 6.0275 6.0220 GERMANY D. MARK 1.7928 1.7991 1.7984 1.7979 1.7969 GREECE DRACHMA 302.94 302.32 302.32 302.37 303.26 HONG KONG DOLLAR 7.7500 7.7490 7.7468 7.7495 7.7503 INDIA RUPEE 43.280 43.400 43.600 42.900 42.700 *IRELAND POUND 1.3954 1.3955 1.3925 1.3945 1.3930 ITALY LIRA 1769.00 1772.80 1772.65 1773.60 1771.00 JAPAN YEN 145.78 145.02 143.85 142.60 144.94 MALAYSIA RINGGIT 4.2426 4.2300 4.2035 4.1850 4.2353 MEXICO PESO 9.3015 9.2400 9.1950 9.3100 9.7000 NETHERLANDS GUILDER 2.0235 2.0276 2.0273 2.0277 2.0235 *NEW ZEALAND DOLLAR 0.5038 0.5027 0.5038 0.4985 0.4925 NORWAY KRONE 7.6635 7.6960 7.7020 7.7440 7.7290 PORTUGAL ESCUDO 183.59 183.92 184.05 184.06 184.70 SINGAPORE DOLLAR 1.76 1.77 1.76 1.75 1.77 SOUTH AFRICA RAND 6.2650 6.2650 6.3200 6.3500 6.3800 SOUTH KOREA WON 1335.00 1320.00 1305.00 1302.00 1302.00 SPAIN PESETA 152.170 152.490 152.640 152.580 152.380 SRI LANKA RUPEE 67.100 67.000 66.230 66.700 67.000 SWEDEN KRONA 8.1695 8.1830 8.1650 8.1530 8.1837 SWITZERLAND FRANC 1.5029 1.5105 1.5070 1.5045 1.5030 TAIWAN DOLLAR 34.770 34.740 34.850 34.600 34.700 THAILAND BAHT 41.800 41.700 41.550 41.200 41.700 *UNITED KINGDOM POUND 1.6162 1.6162 1.6227 1.6275 1.6363 MEMO: **UNITED STATES DOLLAR 102.22 102.38 102.21 102.02 102.20 *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 September 4, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING AUGUST 28, 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 Aug. 24 Aug. 25 Aug. 26 Aug. 27 Aug. 28 *AUSTRALIA DOLLAR 0.5792 0.5760 0.5682 0.5550 0.5650 AUSTRIA SCHILLING 12.628 12.655 12.713 12.690 12.473 BELGIUM FRANC 37.010 37.088 37.270 37.065 36.555 CANADA DOLLAR 1.5493 1.5507 1.5630 1.5770 1.5692 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.8360 6.8525 6.8790 6.8850 6.7475 *EURO COMMUNITY ECU 1.0998 1.0980 1.0930 1.1000 1.1140 FINLAND MARKKA 5.4600 5.4695 5.5000 5.4850 5.3910 FRANCE FRANC 6.0170 6.0300 6.0570 6.0235 5.9410 GERMANY D. MARK 1.7947 1.7985 1.8066 1.7983 1.7719 GREECE DRACHMA 305.75 306.80 313.01 312.15 304.73 HONG KONG DOLLAR 7.7480 7.7465 7.7485 7.7505 7.7500 INDIA RUPEE 42.600 42.560 42.550 42.650 42.700 *IRELAND POUND 1.3963 1.3940 1.3890 1.3925 1.4150 ITALY LIRA 1770.00 1773.00 1783.00 1777.00 1751.00 JAPAN YEN 143.96 144.94 144.43 142.20 142.55 MALAYSIA RINGGIT 4.2020 4.2205 4.2055 4.2050 4.2030 MEXICO PESO 9.6650 9.5900 9.8600 9.9700 10.0500 NETHERLANDS GUILDER 2.0235 2.0283 2.0375 2.0270 2.0000 *NEW ZEALAND DOLLAR 0.4910 0.4912 0.4885 0.4838 0.4928 NORWAY KRONE 7.7920 7.8655 8.0045 8.3200 7.9545 PORTUGAL ESCUDO 183.77 184.10 185.02 185.20 181.80 SINGAPORE DOLLAR 1.77 1.77 1.77 1.77 1.78 SOUTH AFRICA RAND 6.2750 6.2725 6.4000 6.6400 6.4800 SOUTH KOREA WON 1306.00 1309.00 1312.00 1320.00 1338.00 SPAIN PESETA 152.350 152.800 153.400 153.500 150.450 SRI LANKA RUPEE 66.800 66.850 66.360 67.250 66.450 SWEDEN KRONA 8.2250 8.2635 8.3325 8.3350 8.0976 SWITZERLAND FRANC 1.4996 1.5030 1.5053 1.4820 1.4530 TAIWAN DOLLAR 34.850 34.850 34.840 34.800 34.850 THAILAND BAHT 41.750 41.550 41.720 41.900 42.100 *UNITED KINGDOM POUND 1.6410 1.6395 1.6385 1.6405 1.6720 MEMO: **UNITED STATES DOLLAR 102.08 102.35 102.70 102.22 100.94 *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 September 4, 1998 H.10(512) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING SEPTEMBER 4, 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 Aug. 31 Sep. 1 Sep. 2 Sep. 3 Sep. 4 *AUSTRALIA DOLLAR 0.5720 0.5805 0.5830 0.5810 0.5861 AUSTRIA SCHILLING 12.367 12.325 12.325 12.143 12.210 BELGIUM FRANC 36.370 36.133 36.127 35.620 35.810 CANADA DOLLAR 1.5745 1.5535 1.5385 1.5395 1.5265 CHINA,P.R. YUAN 8.3100 8.3100 8.3100 8.3100 8.3100 DENMARK KRONE 6.6990 6.6635 6.6600 6.5730 6.6020 *EURO COMMUNITY ECU 1.1190 1.1267 1.1258 1.1413 1.1347 FINLAND MARKKA 5.3480 5.3340 5.3325 5.2520 5.2840 FRANCE FRANC 5.9140 5.8685 5.8715 5.7925 5.8225 GERMANY D. MARK 1.7584 1.7502 1.7507 1.7279 1.7350 GREECE DRACHMA 302.48 301.29 299.54 297.40 299.90 HONG KONG DOLLAR 7.7497 7.7455 7.7500 7.7495 7.7390 INDIA RUPEE 42.650 42.650 42.580 42.600 42.655 *IRELAND POUND 1.4240 1.4330 1.4295 1.4520 1.4445 ITALY LIRA 1741.00 1732.70 1731.40 1703.50 1713.40 JAPAN YEN 140.90 136.23 137.76 134.82 133.99 MALAYSIA RINGGIT 4.1950 3.8950 3.8100 3.8005 3.8000 MEXICO PESO 9.9850 9.9900 9.9400 10.1200 10.1460 NETHERLANDS GUILDER 1.9830 1.9775 1.9770 1.9480 1.9592 *NEW ZEALAND DOLLAR 0.4950 0.5073 0.5035 0.5005 0.5062 NORWAY KRONE 7.8050 7.7400 7.7200 7.7280 7.7150 PORTUGAL ESCUDO 180.21 179.37 179.28 176.95 177.70 SINGAPORE DOLLAR 1.78 1.72 1.74 1.76 1.75 SOUTH AFRICA RAND 6.4400 6.2800 6.2100 6.2200 6.2350 SOUTH KOREA WON 1336.00 1356.00 1342.00 1332.00 1344.00 SPAIN PESETA 149.790 148.800 148.800 146.600 147.250 SRI LANKA RUPEE 66.950 66.450 66.350 66.580 66.900 SWEDEN KRONA 8.0665 7.9675 7.9550 7.8950 7.9450 SWITZERLAND FRANC 1.4417 1.4405 1.4450 1.4193 1.4252 TAIWAN DOLLAR 34.880 34.810 34.780 34.820 34.750 THAILAND BAHT 42.000 40.550 40.700 40.750 40.850 *UNITED KINGDOM POUND 1.6760 1.6740 1.6686 1.6762 1.6720 MEMO: **UNITED STATES DOLLAR 100.37 99.44 99.55 98.32 98.51 *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.