H.10(512)                                                                  March 13, 2006



 FOREIGN EXCHANGE RATES

 FOR THE WEEK ENDING MARCH 10, 2006

 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       Mar. 6       Mar. 7       Mar. 8       Mar. 9       Mar. 10

 *AUSTRALIA      DOLLAR         0.7409       0.7336       0.7319       0.7354       0.7310
  BRAZIL         REAL           2.1190       2.1667       2.1933       2.1650       2.1485
  CANADA         DOLLAR         1.1401       1.1468       1.1575       1.1593       1.1605
  CHINA, P.R.    YUAN           8.0382       8.0425       8.0476       8.0480       8.0492
  DENMARK        KRONE          6.2152       6.2741       6.2608       6.2571       6.2748
 *EMU MEMBERS    EURO           1.2002       1.1888       1.1914       1.1920       1.1886
  HONG KONG      DOLLAR         7.7587       7.7607       7.7609       7.7608       7.7620
  INDIA          RUPEE         44.18        44.24        44.36        44.30        44.31
  JAPAN          YEN          117.46       117.76       117.90       117.96       119.07
  MALAYSIA       RINGGIT        3.7063       3.7093       3.7172       3.7250       3.7240
  MEXICO         PESO          10.609       10.697       10.775       10.707       10.703
 *NEW ZEALAND    DOLLAR         0.6571       0.6482       0.6490       0.6484       0.6416
  NORWAY         KRONE          6.6446       6.7163       6.7333       6.7340       6.7073
  SINGAPORE      DOLLAR         1.6282       1.6318       1.6310       1.6293       1.6278
  SOUTH AFRICA   RAND           6.2323       6.2775       6.3250       6.2600       6.2455
  SOUTH KOREA    WON          974.70       976.30       981.95       981.80       979.90
  SRI LANKA      RUPEE        102.530      102.610      102.680      102.660      102.650
  SWEDEN         KRONA          7.8709       7.9604       7.9299       7.8913       7.8836
  SWITZERLAND    FRANC          1.3002       1.3126       1.3088       1.3136       1.3201
  TAIWAN         DOLLAR        32.430       32.510       32.520       32.480       32.470
  THAILAND       BAHT          38.760       39.010       39.140       39.120       39.100
 *UNITED KINGDOM POUND          1.7492       1.7362       1.7359       1.7366       1.7256
  VENEZUELA      BOLIVAR     2144.60      2144.60      2144.60      2144.60      2144.60

  MEMO:
  UNITED STATES   DOLLAR
1)BROAD          JAN97=100    110.22       110.83       111.13       111.04       111.23
2)MAJOR CURRENCY MAR73=100     84.82        85.41        85.60        85.62        85.96
3)OITP           JAN97=100    135.43       135.96       136.40       136.12       136.03


 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 "Indexes of the Foreign
 Exchange Value of the Dollar," Federal Reserve Bulletin, 91:1 (Winter 2005), pp. 1-8
 (http://www.federalreserve.gov/pubs/bulletin/2005/winter05_index.pdf). 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
 in early December 2005, and is reflected in the December 19, 2005 release of this weekly report.
 The source for exchange rates not listed in the table above but used in the calculation of the
 broad and OITP indexes is Bloomberg.

 *  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

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 please call publication services at Federal Reserve Board at (202) 452-3244.

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