H.

10(512) 6, 2001

July

FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JULY 6, 2001 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 UNIT DOLLAR REAL DOLLAR YUAN KRONE EURO DOLLAR RUPEE YEN RINGGIT PESO DOLLAR KRONE DOLLAR RAND

COUNTRY Jul. 6 *AUSTRALIA 0.5083 BRAZIL 2.4910 CANADA 1.5200 CHINA, P.R. 8.2768 DENMARK 8.7900 *EMU MEMBERS 0.8465 HONG KONG 7.8000 INDIA 47.17 JAPAN 125.85 MALAYSIA 3.8000 MEXICO 9.155 *NEW ZEALAND 0.4036 NORWAY 9.3725 SINGAPORE 1.8275 SOUTH AFRICA 8.2075

Jul. 2 0.5106 2.3260 1.5153 8.2770 8.8050 0.8455 7.8000 47.18 124.22 3.8000 9.027 0.4047 9.4030 1.8227 8.0175

Jul. 3 0.5162 2.3440 1.5128 8.2767 8.7810 0.8477 7.8000 47.17 124.48 3.8000 9.030 0.4070 9.3520 1.8232 8.0140

Jul. 4

Jul. 5 0.5147

H

2.4250 1.5102 8.2767

O

8.8900 0.8370 7.8003

L

47.18 125.77 3.8000

I

9.057 0.4047 9.4300

D

1.8250 8.1450

SOUTH KOREA 1299.00 SRI LANKA 90.350 SWEDEN 10.9550 SWITZERLAND 1.7945 TAIWAN 34.520 THAILAND 45.380 *UNITED KINGDOM 1.4106 VENEZUELA 720.75

WON RUPEE KRONA FRANC DOLLAR BAHT POUND BOLIVAR

1303.00 90.950 10.9550 1.8003 34.470 45.330 1.4168 718.71

1295.00 90.750 10.8700 1.7970 34.450 45.450 1.4058 719.35 Y A

1297.00 90.750 11.0000 1.8185 34.510 45.580 1.3998 719.72

MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 128.54 2)MAJOR CURRENCY MAR73=100 106.81 3)OITP JAN97=100 137.29

127.89 106.38 136.43

127.85 106.31 136.44

128.50 107.03 136.84

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 February 5, 2001, 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 40.3399 5.94573 6.55957 1.95583 .787564 1936.27 40.3399 2.20371 200.482 166.386 340.750 AUSTRIAN SCHILLINGS BELGIAN FRANCS FINNISH MARKKAS FRENCH FRANCS GERMAN MARKS IRISH POUNDS ITALIAN LIRE LUXEMBOURG FRANCS NETHERLANDS GUILDERS PORTUGUESE ESCUDOS SPANISH PESETAS GREEK DRACHMAS

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