H.

10(512) 15, 2006

May

FOREIGN EXCHANGE RATES FOR THE WEEK ENDING MAY 12, 2006 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 May. 12 *AUSTRALIA 0.7728 BRAZIL 2.1340 CANADA 1.1085 CHINA, P.R. 8.0056 DENMARK 5.7841 *EMU MEMBERS 1.2888 HONG KONG 7.7532 INDIA 44.89 JAPAN 110.49 MALAYSIA 3.5825 MEXICO 11.053 *NEW ZEALAND 0.6291 NORWAY 6.0142 SINGAPORE 1.5686 SOUTH AFRICA 6.2375

May. 8 0.7697 2.0605 1.1116 8.0070 5.8626 1.2720 7.7510 44.82 111.55 3.5920 10.946 0.6329 6.1249 1.5674 6.0575

May. 9 0.7724 2.0600 1.1022 8.0042 5.8484 1.2747 7.7517 44.84 111.31 3.5880 10.933 0.6280 6.1129 1.5673 6.0420

May. 10 0.7763 2.0555 1.1005 8.0032 5.8251 1.2799 7.7517 44.84 110.55 3.5800 10.841 0.6277 6.0712 1.5632 6.0440

May. 11 0.7781 2.0925 1.0989 8.0038 5.8024 1.2855 7.7526 44.88 110.26 3.5800 10.865 0.6316 6.0266 1.5630 6.0425

SOUTH KOREA 932.77 SRI LANKA 102.650 SWEDEN 7.2632 SWITZERLAND 1.2020 TAIWAN 31.350 THAILAND 37.900 *UNITED KINGDOM 1.8911 VENEZUELA 2144.60

WON RUPEE KRONA FRANC DOLLAR BAHT POUND BOLIVAR

927.40 102.840 7.3210 1.2276 31.320 37.510 1.8584 2144.60

931.60 102.880 7.3002 1.2223 31.490 37.580 1.8632 2144.60

928.80 102.740 7.2867 1.2186 31.280 37.590 1.8648 2144.60

935.20 102.650 7.2857 1.2106 31.450 37.630 1.8842 2144.60

MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 106.77 2)MAJOR CURRENCY MAR73=100 80.16 3)OITP JAN97=100 134.89

107.08 80.93 134.28

106.85 80.59 134.31

106.51 80.31 133.92

106.43 80.02 134.24

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 "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 to the trade weights and dollar indexes took effect in early December 2005, and is reflected in the December 19, 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 Bloomberg. * 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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