H.

10(512) 5, 2002

July

FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JULY 5, 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. 5 *AUSTRALIA 0.5568 BRAZIL 2.8800 CANADA 1.5247 CHINA, P.R. 8.2766 DENMARK 7.6350 *EMU MEMBERS 0.9730 HONG KONG 7.8000 INDIA 48.86 JAPAN 120.19 MALAYSIA 3.8000 MEXICO 9.893 *NEW ZEALAND 0.4858 NORWAY 7.4950 SINGAPORE 1.7700 SOUTH AFRICA 10.0900

Jul. 1 0.5615 2.8575 1.5190 8.2770 7.5080 0.9893 7.8005 48.86 120.04 3.8000 9.925 0.4860 7.4940 1.7694 10.0700

Jul. 2 0.5623 2.9080 1.5263 8.2769 7.5495 0.9840 7.8000 48.87 120.13 3.8000 9.968 0.4878 7.4810 1.7717 10.1138

Jul. 3 0.5603 2.8680 1.5290 8.2768 7.5680 0.9816 7.8000 48.83 119.77 3.8000 9.970 0.4895 7.4640 1.7685 10.1850

Jul. 4

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O

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SOUTH KOREA 1199.90 SRI LANKA 96.330 SWEDEN 9.3750 SWITZERLAND 1.5062 TAIWAN 33.480 THAILAND 41.660 *UNITED KINGDOM 1.5206 VENEZUELA 1286.00

WON RUPEE KRONA FRANC DOLLAR BAHT POUND BOLIVAR

1201.30 96.300 9.1990 1.4845 33.470 41.630 1.5307 1401.00

1200.80 96.350 9.2140 1.4900 33.490 41.540 1.5300 1317.00

1202.80 96.380 9.2860 1.4907 33.500 41.640 1.5268 1301.00 Y A

MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 125.08 2)MAJOR CURRENCY MAR73=100 99.87 3)OITP JAN97=100 141.10

124.58 99.09 141.21

124.90 99.43 141.41

124.94 99.52 141.37

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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