H.

10(512) 20, 2001

July

FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JULY 20, 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. 20 *AUSTRALIA 0.5055 BRAZIL 2.4580 CANADA 1.5450 CHINA, P.R. 8.2768 DENMARK 8.5440 *EMU MEMBERS 0.8713 HONG KONG 7.7998 INDIA 47.17 JAPAN 122.85 MALAYSIA 3.8000 MEXICO 9.177 *NEW ZEALAND 0.4090 NORWAY 9.1820 SINGAPORE 1.8240 SOUTH AFRICA 8.2560

Jul. 16 0.5080 2.6010 1.5400 8.2767 8.7045 0.8549 7.8000 47.20 125.44 3.8000 9.304 0.4070 9.3320 1.8365 8.2615

Jul. 17 0.5065 2.5090 1.5400 8.2769 8.7080 0.8549 7.8000 47.16 124.89 3.8000 9.165 0.4055 9.3485 1.8338 8.2450

Jul. 18 0.5142 2.4710 1.5350 8.2770 8.5560 0.8701 7.8000 47.12 124.35 3.8000 9.145 0.4105 9.1850 1.8300 8.2500

Jul. 19 0.5126 2.5000 1.5418 8.2768 8.5799 0.8690 7.7999 47.16 123.61 3.8000 9.190 0.4130 9.2144 1.8260 8.2825

SOUTH KOREA 1305.00 SRI LANKA 90.300 SWEDEN 10.6480 SWITZERLAND 1.7255 TAIWAN 35.000 THAILAND 45.820 *UNITED KINGDOM 1.4290 VENEZUELA 724.01

WON RUPEE KRONA FRANC DOLLAR BAHT POUND BOLIVAR

1315.00 90.300 10.7640 1.7690 35.000 45.760 1.4011 722.75

1316.00 90.350 10.7760 1.7708 35.050 45.710 1.4037 722.76

1312.00 90.300 10.6050 1.7310 35.000 45.780 1.4160 723.65

1305.00 90.300 10.6580 1.7327 35.020 45.730 1.4190 723.51

MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 127.78 2)MAJOR CURRENCY MAR73=100 105.52 3)OITP JAN97=100 137.56

129.06 106.81 138.54

128.72 106.70 137.91

127.95 105.70 137.67

128.00 105.74 137.75

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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