H.

10(512) 6, 2002

December

FOREIGN EXCHANGE RATES FOR THE WEEK ENDING DECEMBER 6, 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 Dec. 6 *AUSTRALIA 0.5603 BRAZIL 3.7180 CANADA 1.5660 CHINA, P.R. 8.2773 DENMARK 7.3670 *EMU MEMBERS 1.0081 HONG KONG 7.7985 INDIA 48.24 JAPAN 123.69 MALAYSIA 3.8000 MEXICO 10.268 *NEW ZEALAND 0.5015 NORWAY 7.2220 SINGAPORE 1.7672 SOUTH AFRICA 9.2000

Dec. 2 0.5591 3.6225 1.5595 8.2773 7.4795 0.9927 7.7988 48.32 124.61 3.8000 10.103 0.4975 7.3140 1.7723 9.2425

Dec. 3 0.5589 3.6760 1.5573 8.2772 7.4530 0.9968 7.7987 48.28 124.42 3.8000 10.152 0.4986 7.3020 1.7715 9.2700

Dec. 4 0.5604 3.7160 1.5579 8.2773 7.4300 0.9999 7.7990 48.23 124.84 3.8000 10.223 0.5007 7.2700 1.7710 9.1525

Dec. 5 0.5614 3.7530 1.5612 8.2771 7.4330 0.9989 7.7990 48.27 124.99 3.8000 10.263 0.5018 7.2900 1.7760 9.1250

SOUTH KOREA 1221.00 SRI LANKA 96.750 SWEDEN 9.0090 SWITZERLAND 1.4602 TAIWAN 34.850 THAILAND 43.600 *UNITED KINGDOM 1.5730 VENEZUELA 1323.50

WON RUPEE KRONA FRANC DOLLAR BAHT POUND BOLIVAR

1220.00 96.300 9.0745 1.4845 34.790 43.730 1.5555 1323.50

1217.60 96.650 9.0640 1.4767 34.840 43.650 1.5687 1319.00

1216.50 96.650 9.0750 1.4729 34.830 43.720 1.5682 1320.50

1221.00 96.750 9.0700 1.4731 34.890 43.800 1.5708 1316.50

MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 126.68 2)MAJOR CURRENCY MAR73=100 99.91 3)OITP JAN97=100 145.06

126.86 100.57 144.35

126.74 100.28 144.57

126.86 100.28 144.86

127.04 100.39 145.13

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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