H.

10(512) 30, 2000

June

FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JUNE 30, 2000 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 DRACHMA DOLLAR RUPEE YEN RINGGIT PESO DOLLAR KRONE DOLLAR

COUNTRY Jun. 30 *AUSTRALIA 0.5971 BRAZIL 1.8040 CANADA 1.4798 CHINA, P.R. 8.2782 DENMARK 7.8200 *EMU MEMBERS 0.9545 GREECE 353.00 HONG KONG 7.7960 INDIA 44.70 JAPAN 106.14 MALAYSIA 3.8000 MEXICO 9.843 *NEW ZEALAND 0.4690 NORWAY 8.5810 SINGAPORE 1.7275

Jun. 26 0.5965 1.8280 1.4830 8.2773 7.9495 0.9382 358.70 7.7920 44.75 105.66 3.8000 10.023 0.4695 8.7580 1.7341

Jun. 27 0.6012 1.8230 1.4825 8.2774 7.8999 0.9444 356.67 7.7950 44.70 105.53 3.8000 10.087 0.4720 8.6947 1.7343

Jun. 28 0.6023 1.8200 1.4838 8.2775 7.8980 0.9444 356.45 7.7955 44.72 105.51 3.8000 9.969 0.4650 8.6520 1.7350

Jun. 29 0.6029 1.8170 1.4820 8.2780 7.8405 0.9515 353.69 7.7953 44.73 105.09 3.8000 9.888 0.4692 8.5900 1.7345

SOUTH AFRICA 6.7900 SOUTH KOREA 1115.15 SRI LANKA 79.200 SWEDEN 8.8210 SWITZERLAND 1.6317 TAIWAN 30.800 THAILAND 39.200 *UNITED KINGDOM 1.5130 VENEZUELA 682.51

RAND WON RUPEE KRONA FRANC DOLLAR BAHT POUND BOLIVAR

6.8780 1118.20 78.900 8.8910 1.6510 30.810 39.130 1.4990 681.26

6.8175 1118.30 79.000 8.8725 1.6379 30.820 39.170 1.5000 681.50

6.8100 1116.50 79.000 8.8640 1.6420 30.820 39.160 1.5107 681.75

6.8225 1115.00 79.200 8.8220 1.6375 30.830 39.200 1.5194 682.51

MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 119.40 2)MAJOR CURRENCY MAR73=100 96.63 3)OITP JAN97=100 131.73

120.03 97.23 132.27

119.91 96.94 132.47

119.75 96.91 132.13

119.39 96.49 131.93

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/) and "Index of the Weighted-Average Exchange Value of the U.S. Dollar: Revision," Federal Reserve Bulletin, vol. 64 (August 1978), p.700. Weights for 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 has produced revised index values that appear in the dollar indexes starting with the November 1, 1999, release. * 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. For information about your subscription to this release or about receiving it in document form, please call publication services at Federal Reserve Board at (202) 452-3244. As of the January 11, 1999 release, the euro is reported in place of the individual euro-area currencies. These currency rates can be derived from the euro rate by using the fixed conversion rates (in currencies per euro) given below: 1 EUR = = = = = = = = = = = 13.7603 40.3399 5.94573 6.55957 1.95583 .787564 1936.27 40.3399 2.20371 200.482 166.386 AUSTRIAN SCHILLINGS BELGIAN FRANCS FINNISH MARKKAS FRENCH FRANCS GERMAN MARKS IRISH POUNDS ITALIAN LIRE LUXEMBOURG FRANCS NETHERLANDS GUILDERS PORTUGUESE ESCUDOS SPANISH PESETAS