H.10 WEEKLY UPDATE: WEB RELEASE ONLY                               For immediate release
 FOREIGN EXCHANGE RATES                                             May 16, 2011


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


                 MONETARY
   COUNTRY         UNIT       May. 9       May. 10      May. 11      May. 12      May. 13

 *AUSTRALIA      DOLLAR         1.0754       1.0803       1.0756       1.0652       1.0565
  BRAZIL         REAL           1.6210       1.6069       1.6190       1.6192       1.6382
  CANADA         DOLLAR         0.9660       0.9611       0.9581       0.9656       0.9708
  CHINA, P.R.    YUAN           6.4937       6.4915       6.4915       6.4986       6.4977
  DENMARK        KRONE          5.2126       5.1922       5.2249       5.2400       5.2725
 *EMU MEMBERS    EURO           1.4301       1.4358       1.4269       1.4229       1.4141
  HONG KONG      DOLLAR         7.7717       7.7725       7.7699       7.7719       7.7724
  INDIA          RUPEE         44.6800      44.7500      44.5900      44.9800      44.8600
  JAPAN          YEN           80.6600      80.7500      80.7800      80.7500      80.7600
  MALAYSIA       RINGGIT        2.9865       2.9870       2.9790       3.0120       3.0000
  MEXICO         PESO          11.6303      11.5920      11.6041      11.6698      11.7463
 *NEW ZEALAND    DOLLAR         0.7923       0.7930       0.7913       0.7967       0.7854
  NORWAY         KRONE          5.4937       5.4460       5.4745       5.5152       5.5584
  SINGAPORE      DOLLAR         1.2335       1.2335       1.2321       1.2410       1.2458
  SOUTH AFRICA   RAND           6.7510       6.7809       6.8400       6.8910       7.0201
  SOUTH KOREA    WON         1081.0000    1082.2000    1076.0000    1088.0000    1086.8000
  SRI LANKA      RUPEE        109.7500     109.7000     109.6500     109.7000     109.7200
  SWEDEN         KRONA          6.2712       6.2357       6.2852       6.3036       6.3745
  SWITZERLAND    FRANC          0.8753       0.8805       0.8846       0.8842       0.8907
  TAIWAN         DOLLAR        28.6100      28.5900      28.5000      28.5800      28.6400
  THAILAND       BAHT          30.1900      30.1600      30.1200      30.2700      30.2300
 *UNITED KINGDOM POUND          1.6338       1.6331       1.6412       1.6290       1.6179
  VENEZUELA      BOLIVAR        4.2893       4.2893       4.2893       4.2893       1.2893

  MEMO:
  UNITED STATES   DOLLAR
1)BROAD          JAN97=100     95.3860      95.2026      95.2752      95.6451      95.5037
2)MAJOR CURRENCY MAR73=100     69.7913      69.6003      69.7069      70.0010      70.3690
3)OITP           JAN97=100    123.1463     122.9968     123.0082     123.4500     122.5480


 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 May 2010 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
                =  .585274  CYPRUS POUND
                =  5.94573  FINNISH MARKKAS
                =  6.55957  FRENCH FRANCS
                =  1.95583  GERMAN MARKS
                =  340.750  GREEK DRACHMAS
                =  .787564  IRISH POUNDS
                =  1936.27  ITALIAN LIRE
                =  40.3399  LUXEMBOURG FRANCS
                =  .429300  MALTESE LIRA
                =  2.20371  NETHERLANDS GUILDERS
                =  200.482  PORTUGUESE ESCUDOS
                =  166.386  SPANISH PESETAS
                =  30.1260  SLOVAKIAN KORUNA
                =  239.640  SLOVENIAN TOLAR

Statistical releases