H.10(512) January 11, 2002 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JANUARY 11, 2002 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 Jan. 7 Jan. 8 Jan. 9 Jan. 10 Jan. 11 *AUSTRALIA DOLLAR 0.5183 0.5238 0.5237 0.5229 0.5210 BRAZIL REAL 2.3480 2.3610 2.3830 2.3930 2.4095 CANADA DOLLAR 1.5981 1.5949 1.5965 1.6012 1.5975 CHINA, P.R. YUAN 8.2767 8.2766 8.2767 8.2766 8.2768 DENMARK KRONE 8.3333 8.3330 8.3730 8.3290 8.3460 *EMU MEMBERS EURO 0.8931 0.8925 0.8882 0.8925 0.8905 HONG KONG DOLLAR 7.7990 7.7991 7.7987 7.7985 7.7987 INDIA RUPEE 48.28 48.30 48.32 48.41 48.44 JAPAN YEN 130.93 132.53 132.62 132.61 132.17 MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 3.8000 MEXICO PESO 9.165 9.178 9.200 9.247 9.250 *NEW ZEALAND DOLLAR 0.4276 0.4317 0.4285 0.4264 0.4238 NORWAY KRONE 8.9200 8.9350 8.9560 8.9200 8.9350 SINGAPORE DOLLAR 1.8455 1.8480 1.8472 1.8460 1.8416 SOUTH AFRICA RAND 11.7700 11.4800 11.4500 11.5500 11.4200 SOUTH KOREA WON 1302.00 1309.50 1311.90 1312.30 1315.50 SRI LANKA RUPEE 93.150 93.200 93.300 93.600 93.600 SWEDEN KRONA 10.3325 10.3950 10.3950 10.2940 10.2960 SWITZERLAND FRANC 1.6510 1.6553 1.6615 1.6623 1.6602 TAIWAN DOLLAR 34.940 35.040 35.050 35.030 35.050 THAILAND BAHT 43.910 44.070 44.080 44.100 43.970 *UNITED KINGDOM POUND 1.4385 1.4426 1.4373 1.4433 1.4448 VENEZUELA BOLIVAR 759.25 759.51 760.25 762.25 762.00 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 128.33 128.58 128.81 128.83 129.02 2)MAJOR CURRENCY MAR73=100 107.25 107.49 107.74 107.64 107.54 3)OITP JAN97=100 137.05 137.27 137.43 137.65 138.23 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 January 7, 2002, 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.