H.10 WEEKLY UPDATE: WEB RELEASE ONLY                               For immediate release
 FOREIGN EXCHANGE RATES                                            January 21, 2009


 (Rates in currency units per U.S. dollar except as noted)


                 MONETARY
   COUNTRY         UNIT       Jan. 12      Jan. 13      Jan. 14      Jan. 15      Jan. 16

 *AUSTRALIA      DOLLAR         0.6814       0.6675       0.6640       0.6558       0.6660
  BRAZIL         REAL           2.3194       2.2945       2.3537       2.3698       2.3380
  CANADA         DOLLAR         1.2075       1.2255       1.2373       1.2623       1.2540
  CHINA, P.R.    YUAN           6.8362       6.8341       6.8347       6.8363       6.8369
  DENMARK        KRONE          5.5826       5.6461       5.6551       5.6891       5.6275
 *EMU MEMBERS    EURO           1.3347       1.3198       1.3174       1.3094       1.3244
  HONG KONG      DOLLAR         7.7546       7.7546       7.7571       7.7618       7.7597
  INDIA          RUPEE         48.7800      48.8900      48.7500      48.8700      48.6200
  JAPAN          YEN           88.9200      89.6500      89.2800      89.5900      90.2900
  MALAYSIA       RINGGIT        3.5700       3.5760       3.5700       3.5920       3.5750
  MEXICO         PESO          13.7725      13.8360      14.0805      14.1600      13.9250
 *NEW ZEALAND    DOLLAR         0.5787       0.5523       0.5429       0.5305       0.5415
  NORWAY         KRONE          7.0107       7.1410       7.2087       7.1847       6.9514
  SINGAPORE      DOLLAR         1.4880       1.4872       1.4925       1.4972       1.4902
  SOUTH AFRICA   RAND          10.1000      10.0050      10.1500      10.1260      10.0450
  SOUTH KOREA    WON         1349.0000    1353.0000    1353.0000    1391.5000    1351.5000
  SRI LANKA      RUPEE        113.7500     113.7000     113.7000     113.8000     113.8000
  SWEDEN         KRONA          8.0622       8.2419       8.3951       8.3587       8.2010
  SWITZERLAND    FRANC          1.1139       1.1212       1.1179       1.1232       1.1177
  TAIWAN         DOLLAR        33.2500      33.2300      33.2000      33.3600      33.3400
  THAILAND       BAHT          34.9000      34.8700      34.8700      34.8300      34.8100
 *UNITED KINGDOM POUND          1.4827       1.4528       1.4617       1.4602       1.4737
  VENEZUELA      BOLIVAR        2.1446       2.1446       2.1446       2.1446       2.1446

  MEMO:
  UNITED STATES   DOLLAR
1)BROAD          JAN97=100    108.2570     109.0128     109.4255     110.1871     109.4565
2)MAJOR CURRENCY MAR73=100     79.9996      81.0389      81.2588      82.0239      81.5131
3)OITP           JAN97=100    139.1289     139.2664     139.9437     140.5737     139.5847


 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 of the currency weights and dollar indexes took effect
 with the January 2, 2007 release of this 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 L.P.

 *  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
                =  239.640  SLOVENIAN TOLAR

Statistical releases