H.

10(512) 1, 2004

October

FOREIGN EXCHANGE RATES FOR THE WEEK ENDING OCTOBER 1, 2004 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 Oct. 1 *AUSTRALIA 0.7232 BRAZIL 2.8400 CANADA 1.2629 CHINA, P.R. 8.2766 DENMARK 6.0010 *EMU MEMBERS 1.2400 HONG KONG 7.7971 INDIA 45.85 JAPAN 110.45 MALAYSIA 3.8000 MEXICO 11.343 *NEW ZEALAND 0.6733 NORWAY 6.6920 SINGAPORE 1.6813 SOUTH AFRICA 6.4775

Sep. 27 0.7133 2.8720 1.2738 8.2766 6.0563 1.2307 7.7998 45.97 111.13 3.8000 11.439 0.6665 6.8076 1.6928 6.4020

Sep. 28 0.7160 2.8650 1.2754 8.2766 6.0500 1.2306 7.7990 46.10 111.48 3.8000 11.405 0.6671 6.7800 1.6965 6.4080

Sep. 29 0.7148 2.8560 1.2730 8.2766 6.0445 1.2308 7.7991 46.00 110.90 3.8000 11.431 0.6692 6.7860 1.6911 6.4450

Sep. 30 0.7244 2.8640 1.2648 8.2766 5.9930 1.2417 7.7984 45.91 110.20 3.8000 11.385 0.6755 6.7270 1.6847 6.4780

SOUTH KOREA 1149.00 SRI LANKA 103.550 SWEDEN 7.2750 SWITZERLAND 1.2496 TAIWAN 33.840 THAILAND 41.360 *UNITED KINGDOM 1.7976 VENEZUELA 1920.00

WON RUPEE KRONA FRANC DOLLAR BAHT POUND BOLIVAR

1150.00 103.580 7.3595 1.2589 34.000 41.540 1.8076 1920.00

1155.00 103.580 7.3650 1.2613 34.100 41.650 1.8105 1920.00

1153.00 103.660 7.3600 1.2620 34.050 41.510 1.7970 1920.00

1152.00 103.610 7.2890 1.2471 33.990 41.440 1.8090 1920.00

MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 113.84 2)MAJOR CURRENCY MAR73=100 85.25 3)OITP JAN97=100 144.49

114.44 85.81 145.03

114.50 85.89 145.03

114.43 85.81 144.99

113.87 85.16 144.78

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 in early December 2003, and is reflected in the December 22, 2003 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 Reuters Limited. * 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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