H.

10(512) 8, 2005

July

FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JULY 8, 2005 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 D I L O H

COUNTRY Jul. 8 *AUSTRALIA 0.7410 BRAZIL 2.3693 CANADA 1.2207 CHINA, P.R. 8.2765 DENMARK 6.2451 *EMU MEMBERS 1.1934 HONG KONG 7.7739 INDIA 43.51 JAPAN 112.17 MALAYSIA 3.8000 MEXICO 10.744 *NEW ZEALAND 0.6727 NORWAY 6.5945 SINGAPORE 1.7015 SOUTH AFRICA 6.9025

Jul. 4

Jul. 5 0.7418 2.3623 1.2437 8.2765 6.2545 1.1917 7.7718 43.55 111.61 3.8000 10.755 0.6767 6.6311 1.6946 6.8785

Jul. 6 0.7411 2.3867 1.2365 8.2765 6.2543 1.1918 7.7729 43.45 112.07 3.8000 10.772 0.6755 6.6411 1.6968 6.8450

Jul. 7 0.7403 2.3854 1.2288 8.2765 6.2495 1.1928 7.7728 43.59 112.08 3.8000 10.801 0.6730 6.6083 1.6985 6.8680

SOUTH KOREA 1054.00 SRI LANKA 100.100 SWEDEN 7.9145 SWITZERLAND 1.3020 TAIWAN 32.070 THAILAND 42.080 *UNITED KINGDOM 1.7360 VENEZUELA 2144.60

WON RUPEE KRONA FRANC DOLLAR BAHT POUND BOLIVAR Y A

1050.00 100.080 7.9021 1.3036 31.950 41.520 1.7570 2144.60

1048.00 99.900 7.8774 1.3041 31.880 41.590 1.7583 2144.60

1051.00 99.750 7.8837 1.2978 32.010 41.710 1.7418 2144.60

MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 112.78 2)MAJOR CURRENCY MAR73=100 86.17 3)OITP JAN97=100 139.54

112.99 86.51 139.43

112.93 86.41 139.47

112.92 86.30 139.67

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 February 2005, and is reflected in the February 7, 2005 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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