H.10(512) September 7, 2001 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING SEPTEMBER 7, 2001 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: (Rates in currency units per U.S. dollar except as noted) MONETARY COUNTRY UNIT Sep. 3 Sep. 4 Sep. 5 Sep. 6 Sep. 7 *AUSTRALIA DOLLAR 0.5212 0.5198 0.5230 0.5199 BRAZIL REAL H 2.5630 2.5640 2.5850 2.5840 CANADA DOLLAR 1.5535 1.5603 1.5590 1.5680 CHINA, P.R. YUAN 8.2768 8.2770 8.2768 8.2767 DENMARK KRONE O 8.3940 8.3625 8.3230 8.2310 *EMU MEMBERS EURO 0.8868 0.8897 0.8943 0.9044 HONG KONG DOLLAR 7.7998 7.7999 7.8000 7.8001 INDIA RUPEE L 47.22 47.20 47.22 47.27 JAPAN YEN 119.49 120.76 120.95 120.07 MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 MEXICO PESO I 9.199 9.254 9.285 9.329 *NEW ZEALAND DOLLAR 0.4315 0.4321 0.4355 0.4349 NORWAY KRONE 8.9380 8.9275 8.8870 8.8370 SINGAPORE DOLLAR D 1.7470 1.7498 1.7500 1.7485 SOUTH AFRICA RAND 8.4700 8.5000 8.5225 8.4750 SOUTH KOREA WON 1281.00 1282.00 1282.00 1290.00 SRI LANKA RUPEE A 90.350 90.350 90.350 90.300 SWEDEN KRONA 10.7150 10.6400 10.5850 10.5430 SWITZERLAND FRANC 1.7075 1.6996 1.6908 1.6771 TAIWAN DOLLAR Y 34.580 34.620 34.650 34.700 THAILAND BAHT 44.230 44.390 44.480 44.620 *UNITED KINGDOM POUND 1.4444 1.4553 1.4561 1.4626 VENEZUELA BOLIVAR 739.00 740.75 743.75 746.26 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 126.35 126.61 126.54 126.40 2)MAJOR CURRENCY MAR73=100 104.26 104.47 104.28 103.87 3)OITP JAN97=100 136.14 136.43 136.59 136.91 This release is available online at http://www.federalreserve.gov/releases/H10. For more information on exchange rate indexes for the U.S. dollar, see "New Summary Measures of the Foreign Exchange Value of the Dollar," Federal Reserve Bulletin, vol. 84 (October 1998), pp. 811-18 (http://www.federalreserve.gov/pubs/bulletin/). Weights for the broad index can be found at http://www.federalreserve.gov/releases/H10/Weights; weights for the major currencies index and the other important trading partners (OITP) index are derived from the broad index weights. The most recent annual revision to the trade weights and dollar indexes took effect with the February 5, 2001, release of this report. * U.S. dollars per currency unit. 1) A weighted average of the foreign exchange value of the U.S. dollar against the currencies of a broad group of major U.S. trading partners. 2) A weighted average of the foreign exchange value of the U.S. dollar against a subset of the broad index currencies that circulate widely outside the country of issue. 3) A weighted average of the foreign exchange value of the U.S. dollar against a subset of the broad index currencies that do not circulate widely outside the country of issue. The euro is reported in place of the individual euro-area currencies. These currency rates can be derived from the dollar/euro rate by using the fixed conversion rates (in currencies per euro) given below: 1 EURO = 13.7603 AUSTRIAN SCHILLINGS = 40.3399 BELGIAN FRANCS = 5.94573 FINNISH MARKKAS = 6.55957 FRENCH FRANCS = 1.95583 GERMAN MARKS = .787564 IRISH POUNDS = 1936.27 ITALIAN LIRE = 40.3399 LUXEMBOURG FRANCS = 2.20371 NETHERLANDS GUILDERS = 200.482 PORTUGUESE ESCUDOS = 166.386 SPANISH PESETAS = 340.750 GREEK DRACHMAS For information about your subscription to this release or about receiving it in document form, please call publication services at Federal Reserve Board at (202) 452-3244.