-
(516/517)
Selected Interest & Exchange Rates Weekly Series of
Charts
March 20,1989
Prepared by the FINANCIAL MARKETS SECTION
DIVISION OF INTERNATIONAL FINANCE
BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM Washington, DC.
20551
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
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Table of Contents
TABLES
1. LATEST FIGURES PLOTTED 2. DAILY CERTIFIED SPOT
EXCHANGE RATES H.10 RELEASE
CHARTS
1. SPOT EXCHANGE RATE INDICES 2. 3-MONTH FORWARD EXCHANGE RATES
3. GOLD PRICELONDON 4. CALL MONEY RATES 5. 3-MONTH INTEREST RATES
6. EURO DOLLAR DEPOSIT RATES 7. SELECTED EURO DOLLAR AND
U.S. MONEY MARKET RATES 8. INTEREST ARBITRAGE: 3-MONTH FUNDS 9.
LONG-TERM GOVERNMENT BOND YIELDS
SUBSCRIPTION RATES:
Weekly $24.00 per year or $.60 each in the United States, its
possessions, Canada, and Mexico; 10 or more of the same Issue to
one address, $22.50 per year or $.55 each. Elsewhere, $30.00 per
year or $.70 each. Address requests to Publications Services,
Division of Administrative Services, and make pay-ment remittance
payable to the order of the Board of Governors of the Federal
Reserve System in a form collectible at par In U.S. Currency.
10. INDUSTRIAL STOCK INDICES
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
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140
120
100
90
80
70
280
240
200
180
160
140
120
100 90
80
70
60
50
200
180
160
140
120
100
120
100 90
80
70
60
50
1-100 140
120
100 90
80
70
280
240
200
180
160
140
120 100
90
80
70
60
50
200
180
160
140
120
100
60
50
45
40
35
30
25
CHART 1
SPOT EXCHANGE INDICES DOLLAR PRICES O F FOREIGN CURRENCIES AND
WEIGHTED AVERAGE VALUES (THIN LINE)
AVERAGES FOR WEEK ENDING WEDNESDAY
SCALE 11973*100
RATIOS MARCH 197!
FOREIGN CURRENCY PRICE OF U.S. DOLLAR
SWISS FRANC
__ BELGIAN FRANC
1 1 1 I I I
- JAPANESE YEN
I I I I I I
-
U.K. POUND
I I I I I I
CANADIAN DOLLAR
I I I
DUTCH GUILDER __ GERMAN MARK
-
I I I I I I
: ITALIAN LIRA
1987 1989
FRENCH FRANC
1987 1989
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
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CHART 2
3-MONTH FORWARD EXCHANGE RATES PREMIUM (+) OR (-)
AVERAGES FOR WEEK ENDING WEDNESDAY
PERCENT PER ANNUM
4
CANADIAN DOLLAR
J_L
4 r
GERMAN MARK
I I I I I I i . h . h i l u
SWISS FRANC
V~ t V
I I I I I I
PERCENT PER ANNUM
4
U. K. POUND
t / \ y
I I I
X I I I
Av > u l u h i l i i
JAP ANESEYEN
I I I I I I u l i i h i l l i
DUTCH GUILDER
I I I I I I M l , , I , , ! , ,
12
FRENCH FRANC ITALIAN LIRA
1987 1 9 8 9 1 9 8 7 1 9 8 9
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
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U.S.
5 2 0
5 0 0
4 8 0
4 6 0
4 4 0
4 2 0
4 0 0
3 8 0
3 6 0
3 4 0
3 2 0
3 0 0
5 2 0
5 0 0
4 8 0
4 6 0
4 4 0
4 2 0
4 0 0
3 8 0
3 6 0
3 4 0
3 2 0
3 0 0
CHART 3
PRICE OF GOLD IN LONDON A V E R A G E S F O R W E E K E N D I N
G W E D N E S D A Y
.LARS PER FINE OUNCE U.S. DOLLARS PER FINE OL
1 2 . 5 Kg B A R S
AFTERNOON FIXING PRICE
I I I I I I I I I 1 9 8 6 1 9 8 7 1988 1 9 8 9
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
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16
12
8
4
0
16
12
8
4
0
16
12
8
4
0
16
12
8
4
0 16
12
8
4
0
20
16
12
8
4
0
CHART 4
CALL MONEY RATES WEEKLY SERIES
)ENT PER ANNUM PERCENT PER AN!
U.S. FEDERAL FUNDS
GERMANY
UNITED KINGDOM
FRANCE
JAPAN
I I I
CANADA
NETHERLANDS
SWITZERLAND
L 1987 1989 1987 1989
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
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12
10
8
6
4
2
16
14
12
10
8
6
8
6
4
2
0
10
8
6
4
2
12
10
8
6
4
2
16
14
12
10
8
6
8
6
4
2
0
10
8
6
4
2
CHART 5
3-MONTH INTEREST RATES WEEKLY SERIES
ENTPER ANNUM
U.S. CD'S
WEIGHTED AVERAGE FOREIGN RATE
I I I
PERCENT PER A M
FRENCH INTERBANK RATE
U.K. INTERBANK STERLING
GERMAN INTERBANK RATE
JAPANESE GENSAKI RATE
CANADIAN FINANCE CO. -
PAPER
r -
I I I I I I i i i i i i i i i n
- SWISS INTERBANK RATE . -
I I I I I I
-
1987 1989 1987 1989
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
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14
12
10
8
6
4
14
12
10
8
6
4
14
12
10
8
6
4
14
12
10
8
6
4
14
12
10
8
6
4
14
12
10
8
6
4
CHART6
EURO-DOLLAR DEPOSIT RATES LONDON AVERAGES FOR WEEK ENDING
WEDNESDAY
DENT PER ANNUM PERCENT PER ANI
OVERNIGHT 3-MONTH
7-DAY
1-MONTH
: 6-MONTH
I I I I I I
-
1-YEAR
1987 1989 1987 1989
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
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14
12
10
8
6
4
2
2
1
+ 0
1
14
12
10
8
6
4
2
2
1
+ 0
1
CHART7
SELECTED EURO-DOLLAR AND U.S. MONEY MARKET RATES DIFFERENTIAL:
PLUS(+),FAVORS BORROWING IN U.S.
AVERAGES FOR WEEK ENDING WEDNESDAY
PERCENT PER AMI
FEDERAL FUNDS DASHED LINE
OVERNIGHT EURO-DOLLAR DEPOSITS
i i i 111111111 h i 111111 i 11111
DIFFERENTIAL
I I I I I I I I I I I I I I I I I I I I I I I I I I I
3-MONTH EURO-DOLLAR DEPOSITS
V \ / V V - r
A
V ^ V
90-DAY CD'S
DASHED LINE
I I I I I I 11111111111 11111111 111
DIFFERENTIAL
I I I I I I 11 I 11111111 11111111 11 I 1987 1989
IENTIAL SCALE = 2 PERCENT ON RATE SCALE
1987 1989
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
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16
12
8
4
0
2
+ 0
2 16
12
8
4
0
2
+ 0
2
16
12
8
4
0
2
+ 0
2
16
12
8
4
0
2
+ 0
2
CHART8
INTEREST ARBITRAGE: 3-MONTH FUNDS DIFFERENTIAL: PLUS(+),
INDICATES FAVOR DOLLAR ASSETS
AVERAGES FOR WEEK ENDING WEDNESDAY
;ENT PER ANNUM
INTERBANK STERLING COVERED LONDON
EURO DOLLAR DEPOSITS DASHED LINE
CANADIAN FINANCE CO. PAPER, COVERED
PERCENT PER AM
U.S. COMMERCIAL PAPER DASHED LINE
I I l i H i l l i M i l l u l i i h i l i 1 1 I I I I I I I I 1
1 1 1 1 1 1 1 1 1 1 1 1 1 1 h
DIFFERENTIAL
I I I l l l l l l I I 11 l u l l i l l
DIFFERENTIAL
I I I I I I i l l I I I I I I I I ! I I I I I I i l l I
INTERBANK DM COVERED FRANKFURT
EURO-DOLLAR DEPOSITS DASHED LINE
I I I I I I I l i i l i i h i l i i h i l l i h i l l i I I I I
I I I I 1111ii11111111111111111
SWISS INTERBANK (SF) COVERED
EURO-DOLLAR DEPOSITS DASHED LINE
DIFFERENTIAL
i l i i l i i I i i l i i l i i
DIFFERENTIAL
I I I l l l I I I I I I I I I I I l l l l l l l l l l l
1 9 8 7 1 9 8 9
I PERCENT ON DIFFERENTIAL SCALE = 2 PERCENT ON RATE SCALE
1 9 8 7 1 9 8 9
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
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14
12
10
8
6
14
12
10
8
6
10
8
6
4
2 10
8
6
4
2
14
12
10
8
6
14
12
10
8
6
10
8
6
4
2
10
8
6
4
2
CHART9
LONG-TERM GOVERNMENT BOND YIELDS WEEKLY SERIES
?ENT PER ANNUM PERCENT PER AW
UNITED STATES - CANADA
, / v s W \T
I I I I I I
UNITED KINGDOM - FRANCE
-V I I i I I I
K v j i l l i i h i l l i
__ SWITZERLAND JAPAN -
I I I I I I
-
NETHERLANDS MONTHLY
11
- GERMANY
I I I I I I i i I i i l i i I i i
1987 1989 1987 1989
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
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CHART 10
INDUSTRIAL STOCK INDICES WEEKLY SERIES
RATIO SCALE 1969-100
RATIO SCALE 1969=100
300
250
200
150
100
600
500 -
400 UNITED STATES -
300 A
200 -
150 i i i i i i n i i i i n 11111111111
800 JAPAN
600 - m -
500 - / Vv
400 - A\ / -
300 -/ -
200 i i i i i i i l l i i h i l l i
SWITZERLAND
I I I I I I
-
NETHERLANDS
GERMANY
FRANCE
600
500 CANADA
-
UNITED KINGDOM -
400
A "
300 - y Z ^ v ^ x y w v J ^ 1 /
k y v V x v V " f
/ ^ V v \ A -
200 I I I I I I I I I I I I 200
1987 1989 1987 1989
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Reserve Bank of St. Louis
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S E R I E S NAME LAST VALUE PLOTTED
DATE VALUE
CHART 1 . SPOT EXCHANGE BATES AND I N D I C E S
WEEKLY AVERAGES, NOON BUYING BATES ( U . S . CENIS)
GERMAN MARK MARCH 1 5 5 3 . 6 4 JAPANESE YEN MARCH 15 0 . 7 7 0
7 7 DUTCH GUILDER MARCH 1 5 4 7 . 5 4 U . K . POUND MARCH 1 5 1 7 1
. 8 1 CANADIAN DOLLAR MAECH 1 5 8 3 . 5 1 FRENCH FRANC MARCH 15 1 5
. 8 3 SWISS FRANC MARCH 15 6 2 . 6 7 BELGIAN FRANC MARCH 15 2 . 5 6
1 4 8 ITALIAN LIRA MARCH 1 5 0 . 0 7 3 0 6 SWEDISH KRONA MARCH 15 1
5 . 6 5
I N D I C E S , MARCH 1 9 7 3 DASE RATES = 1 0 0
GERMAN MARK MA6CH 1 5 1 5 0 . 8 8 JAPANESE YEN MARCH 15 2 0 1 .
8 1 DUTCH GUILDER MARCH 15 1 3 6 . 4 7 U . K . POUND MARCH 1 5 6 9
. 4 9 CANADIAN DOLLAR MARCH 1 5 8 3 . 2 3 FRENCH FRANC MARCH 15 7 1
. 3 2 SWISS FRANC MARCH 15 20 1 . 6 1 BELGIAN FRANC MARCH 15 1 0 0
. 9 4 ITALIAN LIRA MARCH 1 5 4 1 . 5 0
WEIGHTED AVERAGE EXCHANGE VALUE I N D I C E S , MAR 1 9 7 3 =
100 { G - 1 0 COUNTRIES PLUS SWITZERLAND)
U . S . DOLLAF; MARCH 1 5 9 6 . 74 GERMAN MA nK MARCH 1 5 1 5 8
. 5 3 JAPANESE YEN MARCH l b 2 1 3 . 20 DUTCH GUILDER MARCH 15 1 3
5 . 6 1 U . K . POUND MA-EC H 1 5 6 5 . 02 CANADIAN DOLLAR MARCH 15
7 9 . 7 8 FRENCH FRANC MARCH 1 5 6 6 . 6 3 SWISS FRANC MARCH 1 5 2
0 0 . 27 BELGIAN FRANC MARCH 1 5 9 8 . 2 4 ITALIAN LIRA MARCH 1 5 3
7 . 7 3 SWEDISH KRONA MARCH 1 5 6 6 . 6 3
CHART 2 . 3-MONTH FORWARD EXCHANGE R A T E S , PREMIUM OR
DISCOUNT
CANADIAN DOLLAR MARCH 15 - 1 . 8 7 U . K . POUND MARCH 16 - 2 .
6 7 GERMAN MARK MARCH 1 5 3 . 6 J FRENCH FRANC MARCH 1 5 1 . 1 1
SWISS FRANC MARCH 1 5 - 4 . 3 3 DUTCH GUILDER MARCH 15 3 . 2 3
JAPANESE YEN MARCH 1 5 5 . 5 4 ITALIAN M S A MARCH 1 5 - 2 . 2
3
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S E R I E S SAME LAST VALUE PLOTTED
DATE VALUE
CHART 3 . GOLD PRICE I S LONDON, AFTERNOON J f lXING
U . S . DOLLARS PER F I N E OUSCE MARCH 1 5 3 9 3 . 0 b
CHART 4 . CALL MONEY RATES
U . S . FEDERAL FUNDS " MARCH 15 9 . 8 3 OVERNIGHT EURO-DOLLAR
DEPOSITS MARCH 15 9 . 7 3 0 . k . MARCH 15 1 2 . 55 CANADA MARCH 1
5 1 1 . 0 5 GERMANY MARCH 1 5 5 . 86 JAPAN MARCH 15 3 . 9 0 FRANCE
MARCH 1 5 8 . 11 NETHERLANDS MARCH 1 5 6 . 2 8 SMITZERLAND MARCH 15
4 . 8 8
CHART 5 . 3-MONTH INTEREST RATES
U . S . 90 -DAY C D ' S , SECONDARY MARKET MARCH 1 5 1 4 . 0 3
GERMAN INTERBANK LOAN MARCH 15 6 . 5b JAPANESE GENSAKI RATE MARCH
15 4 . 20 CANADIAN FINANCE PAPER MARCH 1 5 1 2 . 14 INTERBANK
STERLING MA3CH 15 1 2 . 9 4 SWISS INTERBANK LOAN MARCH 1 5 a . 7 5
FRENCH INTERBANK RATE MARCH 15 9 . 0 9 NETHERLANDS INTERBANK RATE
MARCH 1 5 6 . 9 4 WEIGHTED AVERAGE FOREIGN I N T E R E S T RATE
MARCH 1 5 8 . 18
( G - 1 0 COUNTRIES PLUS S H I M E ALAND)
CHART 6 . EURO-DOLLAR D E P O S I T RATES: LONDON
OVERNIGHT MARCH 15 9 . 7 3 7-DAY MARCH 15 9 . 7 4 1-MONTH MARCH
1 5 9 . 9 6 3-MONTH MARCH 15 1 0 . 10 6-MONTH MARCH 1 5 1 0 . 3 6
1-YEAR MARCH 1 5 1 0 . 6 3
CHART 7 . SELECTED EURO-DOLLAR AND U . S . MONEY MARKET
RATES
OVERNIGHT EURO-DOLLAR D E P O S I T S MARCH 15 9 . 7 3 U . S .
FEDERAL FUNDS MARCH 15 9 . 8 3 DIFFERENTIAL MARCH 15 - 0 . 10
3-MONTH EURO-DOLLAR DEPOSIT BATE MARCH 15 1 0 . 10 U . S . 90
-DAY C D ' S , SECONDARY MARKET MARCH 15 1 0 . 0 3 DIFFERENTIAL
MARCH 15 0 . 0 7
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Reserve Bank of St. Louis
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S E R I E S SAME LAST VALUE PLOWED
DATE VAi.DE
CHART 8 . INTEREST ARBITRAGE, J-(10NTH FUNDS
EURO-DOLLAR DEPOSIT INTERBANK STERLING (LONDON), COVERED
DIFFERENTIAL
MABCH 1 5 MARCH 15 MARCH . 1 5
10. 10 10. 18 - 0 . 0 8
U . S . COMMERCIAL PAPER CANADIAN FINANCE PAPER, COVERED
DIFFERENTIAL
MARCH 1 5 MARCH 1 5 MAHCH 15
9 . 8 7 10.21 - 0 . 3 4
EURO-DOLLAR DEPOSIT INTERBANK DM (FRANKFURT), DIFFERENTIAL
COVERED MARCH 15 MARCH 15 MARCH 1 5
10. 10 1 0 . 2 5 - 0 . 15
EURO-DOLLAR DEPOSIT SWISS INTERBANK, COVERED DIFFERENTIAL
MARCH 15 MASCH 1 5 MARCH 15
10. 10 1 0 . 1 4 - 0 . 0 4
CHART 9 . LONG TERM GOVERMENT BOND YIELDS
UNITED STATES GERMANY JAPAN SWITZERLAND CANADA FRANCE
NETHERLANDS (MONTHLY) UNITED KINGDOM
MARCH 1 0 MARCH 10 MARCH 10 MARCH 10 MARCH 10 MARCH 3
DEC. MARCH 10
9 . 2 7 6 . 9 3 i t . 77 4 . 8 3
1 0 . 5 b 9 . 5 3 6 . 42 8 . 78
U . S . CORPORATE
AAA BONDS MAY 9 . 3 3
CHART 1 0 . STOCK I N D I C E S
UNITED STATES UNITED KINGDOM CANADA GERMANY SWITZERLAND
NETHERLANDS FRANCE JAPAN
MASCH 15 3 1 6 . 8 9 MARCH 1 5 3 8 5 . 6 9 MARCH 15 3 5 8 . 7 5
MARCH 15 2 4 0 . 9 3 MARCH 15 2 1 7 . 8 2 MARCH 15 3 2 1 . 7 5
MARCH 1 5 4 4 3 . 7 5 MARCH 1 5 6 4 5 . 0 7
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Reserve Bank of St. Louis
-
FEDERAL RESERVE statistical release
H . 1 0 ( 5 1 2 )
FOREIGN EXCHANGE RATES MARCH 1 7 , 1 9 8 9
FOR THE WEEK ENDING MARCH 1 7 , 1 9 8 9
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:
COUNTRY MONETARY
UNIT I CURRENCY UNITS PER DOLLAR)
COUNTRY MONETARY
UNIT MAR. 1 3 MAR. 1 4 MAR. 1 5 MAR. 1 6 MAR. 1 7
AUSTRALIA DOLLAR 8 2 . 1 9 8 1 . 1 3 8 0 . 5 3 8 1 . 8 5 8 2 . 1
3 AUSTRIA SCHILLING 1 3 . 1 3 5 1 3 . 0 7 3 1 3 . 1 6 7 1 3 . 1 7 5
1 3 . 2 0 0 BELGIUM FRANC 3 9 . 1 0 0 3 8 . 9 1 0 3 9 . 1 3 0 3 9 .
2 0 0 3 9 . 2 9 0 CANADA DOLLAR 1 . 1 9 8 2 1 . 1 9 4 5 1 . 1 9 4 9
1 . 1 9 6 5 1 . 1 9 7 0 C H I N A , P . R . YUAN 3 . 7 3 1 4 3 . 7
3 1 4 3 . 7 3 1 4 3 . 7 3 1 4 3 . 7 3 1 4 DENMARK KRONE 7 . 2 8 8 0
7 . 2 5 5 0 7 . 3 0 5 0 7 . 3 0 7 5 7 . 3 2 1 0 FINLAND MARKKA 4 .
3 6 1 0 4 . 3 5 0 0 4 . 3 6 8 5 4 . 3 7 0 0 4 . 3 1 0 0 FRANCE
FRANC 6 . 3 2 4 5 6 . 2 9 8 0 6 . 3 3 5 0 6 . 3 3 9 5 6 . 3 5 4 0
GERMANY D . MARK 1 . 8 6 7 5 1 . 8 5 8 2 1 . 8 7 1 5 1 . 8 7 2 0 1
. 8 7 6 0 GREECE DRACHMA 1 5 6 . 9 0 0 1 5 7 . 0 8 0 1 5 6 . 9 0 0
1 5 7 . 2 8 0 1 5 7 . 2 2 0 HONS KONG DOLLAR 7 . 8 0 2 0 7 . 8 0 1
0 7 . 8 0 1 0 7 . 7 9 9 5 7 . 7 9 8 5 INDIA RUPEE 1 5 . 3 8 0 0 1 5
. 4 7 0 0 1 5 . 4 3 0 0 1 5 . 4 9 0 0 1 5 . 5 2 0 0
*1RELAND POUND 1 4 3 . 0 5 1 4 3 . 5 0 1 4 2 . 6 5 1 4 2 . 5 5 1
4 2 . 1 0 ITALY LIRA 1 3 6 9 . 7 5 1 3 6 5 . 0 0 1 3 7 3 . 0 0 1 3
7 3 . 5 0 1 3 7 7 . 2 5 JAPAN YEN 1 2 9 . 8 8 1 2 9 . 6 8 1 3 0 . 6
0 1 3 1 . 2 2 1 3 1 . 6 0 MALAYSIA RINGGIT 2 . 7 5 4 0 2 . 7 5 5 0
2 . 7 5 5 0 2 . 7 5 4 5 2 . 7 5 5 0 NETHERLANDS GUILDER 2 . 1 0 7 4
2 . 0 9 6 7 2 . 1 1 2 0 2 . 1 1 2 8 2 . 1 1 6 8
*NEW ZEALAND DOLLAR 6 1 . 5 0 0 6 1 . 3 2 0 6 1 . 1 7 0 6 1 . 4
4 0 6 1 . 4 7 0 NORWAY KRONE 6 . 8 0 3 0 6 . 7 8 5 0 6 . 8 1 5 0 6
. 8 2 0 0 6 . 8 1 5 0 PORTUGAL ESCUDO 1 5 3 . 7 8 0 1 5 3 . 2 0 0 1
5 4 . 0 5 0 1 5 4 . 1 5 0 1 5 4 . 4 5 0 SINGAPORE DOLLAR 1 . 9 3 9
0 1 . 9 3 8 0 1 . 9 3 7 0 1 . 9 3 8 0 1 . 9 4 1 0 SOUTH AFRICA RAND
2 . 5 4 3 0 2 . 5 3 8 0 2 . 5 5 2 5 2 . 5 4 7 5 2 . 5 5 1 0 SOUTH
KOREA WON 6 7 5 . 7 0 6 7 5 . 8 0 6 7 5 . 7 0 6 7 5 . 8 0 6 7 5 . 9
0 SPAIN PESETA 1 1 6 . 1 5 0 1 1 5 . 7 3 0 1 1 6 . 2 0 0 1 1 6 . 4
5 0 1 1 6 . 7 3 0 S R I LANKA RUPEE 3 3 . 2 8 8 3 3 . 3 3 7 3 3 . 3
6 7 3 3 . 3 8 7 3 3 . 4 3 8 SWEDEN KRONA 6 . 3 9 8 0 6 . 3 8 2 0 6
. 4 0 6 0 6 . 4 1 4 0 6 . 4 0 3 5 SWITZERLAND FRANC 1 . 5 9 7 5 1 .
5 9 0 2 1 . 6 0 9 0 1 . 6 1 1 5 1 . 6 1 8 0 TAIWAN DOLLAR NA 2 7 .
6 7 0 2 7 . 4 9 0 2 7 . 3 4 0 2 7 . 3 8 0 THAILAND BAHT 2 5 . 4 8 0
2 5 . 5 0 0 2 5 . 4 8 0 2 5 . 5 1 0 2 5 . 5 2 0
UNITED KINGDOM POUND 1 7 1 . 1 5 1 7 2 . 7 2 1 7 1 . 9 0 1 7 1 .
7 9 1 7 1 . 3 0
MEMO: FUNITED STATES DOLLAR 9 6 . 8 8 9 6 . 4 5 9 7 . 0 2 9 7 .
1 4 9 7 . 3 5
TINDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U . S . DOLLAR
AGAINST CURRENCIES OF OTHER G - 1 0 COUNTRIES. MARCH 1 9 7 3 = 1 0
0 . WEIGHTS ARE 1 9 7 2 - 7 6 GLOBAL TRADE OF EACH OF THE 1 0
COUNTRIES. S E R I E S REVISED AS OF AUGUST 1 9 7 8 . FOR
DESCRIPTION AND BACK DATA, SEE "INDEX OF THE WEIGHTED-AVERAGE
EXCHANGE VALUE OF THE U . S . DOLLAR: REVISION" ON PAGE 7 0 0 OF
THE AUGUST 1 9 7 8 FEDERAL RESERVE BULLETIN.
LVALUE I S U . S . CENTS
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Reserve Bank of St. Louis