H.10 WEEKLY UPDATE: WEB RELEASE ONLY                               For immediate release
 FOREIGN EXCHANGE RATES                                            January 26, 2009


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


                 MONETARY
   COUNTRY         UNIT       Jan. 19      Jan. 20      Jan. 21      Jan. 22      Jan. 23

 *AUSTRALIA      DOLLAR                      0.6574       0.6495       0.6544       0.6522
  BRAZIL         REAL                        2.3617       2.3525       2.3515       2.3467
  CANADA         DOLLAR                      1.2604       1.2749       1.2624       1.2478
  CHINA, P.R.    YUAN                        6.8403       6.8392       6.8370       6.8392
  DENMARK        KRONE                       5.7545       5.7905       5.7527       5.8007
 *EMU MEMBERS    EURO                        1.2946       1.2870       1.2955       1.2849
  HONG KONG      DOLLAR                      7.7583       7.7597       7.7587       7.7566
  INDIA          RUPEE                      49.0100      49.0000      49.0700      49.0000
  JAPAN          YEN                        90.1900      87.8000      88.6400      88.7200
  MALAYSIA       RINGGIT                     3.6080       3.6140       3.6070       3.6230
  MEXICO         PESO                       13.9155      13.9275      13.9675      14.0700
 *NEW ZEALAND    DOLLAR                      0.5273       0.5215       0.5265       0.5270
  NORWAY         KRONE                       7.1228       6.9840       6.9680       6.9955
  SINGAPORE      DOLLAR                      1.5078       1.5062       1.4972       1.5054
  SOUTH AFRICA   RAND                       10.1690      10.1680      10.1155      10.2700
  SOUTH KOREA    WON                      1351.5000    1368.0000    1374.0000    1390.8000
  SRI LANKA      RUPEE                     113.8200     113.8000     113.7200     113.9000
  SWEDEN         KRONA                       8.3929       8.3394       8.2329       8.2494
  SWITZERLAND    FRANC                       1.1432       1.1473       1.1538       1.1629
  TAIWAN         DOLLAR                     33.6300      33.5800      33.5300      33.6800
  THAILAND       BAHT                       34.9500      34.8900      34.8400      34.8600
 *UNITED KINGDOM POUND                       1.4023       1.3728       1.3840       1.3658
  VENEZUELA      BOLIVAR                     2.1446       2.1446       2.1446       2.1446

  MEMO:
  UNITED STATES   DOLLAR
1)BROAD          JAN97=100                 110.4713     110.6706     110.4290     110.6747
2)MAJOR CURRENCY MAR73=100                  82.7505      82.9821      82.6029      82.6777
3)OITP           JAN97=100                 140.0565     140.1694     140.1996     140.6975


 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