H.

10(512) 29, 2005

July

FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JULY 29, 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

COUNTRY Jul. 29 *AUSTRALIA 0.7594 BRAZIL 2.3855 CANADA 1.2257 CHINA, P.R. 8.1056 DENMARK 6.1496 *EMU MEMBERS 1.2129 HONG KONG 7.7744 INDIA 43.40 JAPAN 112.25 MALAYSIA 3.7505 MEXICO 10.600 *NEW ZEALAND 0.6834 NORWAY 6.4785 SINGAPORE 1.6610 SOUTH AFRICA 6.5600

Jul. 25 0.7633 2.4190 1.2194 8.1097 6.1885 1.2054 7.7732 43.45 111.59 3.7605 10.671 0.6838 6.5630 1.6618 6.6415

Jul. 26 0.7585 2.4365 1.2291 8.1099 6.2126 1.2007 7.7764 43.41 112.30 3.7510 10.696 0.6829 6.5816 1.6682 6.6910

Jul. 27 0.7556 2.4430 1.2341 8.1128 6.1931 1.2048 7.7773 43.34 112.30 3.7505 10.638 0.6805 6.5742 1.6642 6.6385

Jul. 28 0.7571 2.4140 1.2345 8.1080 6.1542 1.2121 7.7743 43.32 112.34 3.7495 10.616 0.6830 6.5255 1.6651 6.6085

SOUTH KOREA 1026.50 SRI LANKA 100.670 SWEDEN 7.7614 SWITZERLAND 1.2870 TAIWAN 31.920 THAILAND 41.650 *UNITED KINGDOM 1.7593 VENEZUELA 2144.60

WON RUPEE KRONA FRANC DOLLAR BAHT POUND BOLIVAR

1024.00 100.620 7.8030 1.2965 31.720 41.340 1.7455 2144.60

1029.50 100.730 7.8618 1.3007 31.940 41.590 1.7415 2144.60

1029.00 100.680 7.8371 1.2986 31.910 41.640 1.7438 2144.60

1027.70 100.620 7.7526 1.2880 31.850 41.780 1.7547 2144.60

MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 111.67 2)MAJOR CURRENCY MAR73=100 85.59 3)OITP JAN97=100 137.64

111.78 85.62 137.86

112.22 86.10 138.15

112.15 86.09 137.98

111.90 85.83 137.79

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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