H.

10(512) 19, 2002

July

FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JULY 19, 2002 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. 19 *AUSTRALIA 0.5555 BRAZIL 2.8710 CANADA 1.5386 CHINA, P.R. 8.2769 DENMARK 7.3190 *EMU MEMBERS 1.0156 HONG KONG 7.8000 INDIA 48.75 JAPAN 115.73 MALAYSIA 3.8000 MEXICO 9.716 *NEW ZEALAND 0.4870 NORWAY 7.3295 SINGAPORE 1.7310 SOUTH AFRICA 9.9500

Jul. 15 0.5599 2.8600 1.5365 8.2768 7.3770 1.0072 7.8000 48.85 116.06 3.8000 9.757 0.4850 7.3440 1.7390 10.0400

Jul. 16 0.5583 2.8690 1.5347 8.2769 7.3690 1.0087 7.8000 48.83 115.71 3.8000 9.727 0.4860 7.3260 1.7382 10.1275

Jul. 17 0.5516 2.8980 1.5399 8.2769 7.3700 1.0078 7.8000 48.81 116.24 3.8000 9.655 0.4824 7.3310 1.7397 10.1475

Jul. 18 0.5520 2.8620 1.5440 8.2768 7.3870 1.0067 7.8000 48.82 117.02 3.8000 9.649 0.4822 7.3560 1.7425 9.9600

SOUTH KOREA 1165.60 SRI LANKA 96.200 SWEDEN 9.2300 SWITZERLAND 1.4387 TAIWAN 32.870 THAILAND 40.460 *UNITED KINGDOM 1.5785 VENEZUELA 1266.25

WON RUPEE KRONA FRANC DOLLAR BAHT POUND BOLIVAR

1171.60 96.270 9.1990 1.4582 33.110 40.740 1.5656 1327.00

1166.80 96.270 9.2440 1.4548 33.000 40.420 1.5693 1321.00

1166.80 96.200 9.2330 1.4540 32.850 40.550 1.5682 1311.00

1169.80 96.200 9.2450 1.4540 32.890 40.590 1.5685 1316.00

MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 122.81 2)MAJOR CURRENCY MAR73=100 97.54 3)OITP JAN97=100 139.44

123.25 97.89 139.95

123.05 97.73 139.73

123.12 97.99 139.43

123.28 98.26 139.38

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 January 7, 2002, 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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