h13_19890807.pdf

(516/517)

Selected Interest 8f Exchange Rates Weekly Series of Charts

August 7,1989

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

Table of Contents

TABLES

1. LATEST FIGURES PLOTTED

2. DAILY CERTIFIED SPOT EXCHANGE R A T E S -H.10 RELEASE

C H A R T S

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 A N D U.S. MONEY MARKET RATES

8. INTEREST ARBITRAGE: 3 -MONTH FUNDS

9. LONG-TERM GOVERNMENT BOND YIELDS

10. INDUSTRIAL STOCK INDICES

S U B S C R I P T I O N RATES:

Weekly $24.00 per year or $.60 each in the Uni ted States, i ts possess ions, 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 Pub l i ca t ions Services. D iv is ion of Admin is t ra t ive Services, and make pay-men t remi t tance payable to the order of the Board of Governors of the Federal Reserve System in a f o rm co l lec t ib le at par in U.S. Currency.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

140

120

100

9 0

80

7 0

280

2 4 0

200

180

160

140

120

100

9 0

80

7 0

60

5 0

200

180

160

140

120

100

120

100

9 0

80

7 0

60

5 0

1=100

1 4 0

120

100

9 0

80

7 0

280

2 4 0

200

180

160

1 4 0

120

100

9 0

80

7 0

60

5 0

200

180

160

140

120

100

60

5 0

4 5

4 0

3 5

3 0

2 5

CHART 1

S P O T EXCHANGE INDICES DOLLAR PRICES OF FOREIGN CURRENCIES AND WEIGHTED AVERAGE VALUES (THIN LINE)

AVERAGES FOR WEEK ENDING WEDNESDAY

SCALE 11973=100

RATIO S MARCH 197!

FOREIGN CURRENCY PRICE OF U.S. DOLLAR

SWISS FRANC

BELGIAN FRANC

I I I I I I

JAPANESE YEN

U.K. POUND

I I I I I I

__ CANADIAN DOLLAR

I l u l l GERMAN MARK

DUTCH GUILDER

- ITALIAN LIRA

FRENCH FRANC

1 9 8 7 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

CHART2

3-MONTH FORWARD EXCHANGE RATES PREMIUM (+) OR (-)

AVERAGES FOR WEEK ENDING WEDNESDAY

PERCENT PER ANNUM

4

CANADIAN DOLLAR

I I I

/ V

I I I

GERMAN MARK

I I I I I I

SWISS FRANC

"V- / V I I I

PERCENT PER ANNUM

4

+ 0

U. K. POUND

I I I

A . \ -JAPANESE YEN

I I I I I I

DUTCH GUILDER

I I I I I I i i l i i h i l i i

12

FRENCH FRANC ITALIAN LIRA

- 4

- 8

12

1 9 8 7 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

U.S.

520

500

480

460

440

420

400

380

360

340

320

300

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

340

3 2 0

3 0 0

CHART 3

PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY

LLARS PER FINE OUNCE U.S. DOLLARS PER FINEOl

12.5 Kg BARS AFTERNOON FIXING PRICE

1986 1987 1988 1 9 8 9

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

16

12

8

4

0

16

12

8

4

0

16

12

8

4

0

UM

16

12

8

4

0

16

12

8

4

0

20

16

12

8

4

0

CHART4

CALL MONEY RATES WEEKLY SERIES

IENT PER ANNUM PERCENT PER ANf

U.S. FEDERAL FUNDS

GERMANY

I I I I I

FRANCE

JAPAN

M l I I I

CANADA

UNITED KINGDOM

NETHERLANDS

SWITZERLAND

1987 1989 1987 1989

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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

JENIFER ANNUM

U.S. CD'S

WEIGHTED AVERAGE FOREIGN RATE

PERCENT PER ANf

FRENCH INTERBANK RATE

I I I n l i

U.K. INTERBANK STERLING

GERMAN INTERBANK RATE

CANADIAN FINANCE CO. -

PAPER

f -

I I I I I I

-

JAPANESE GENSAKI RATE

. /

I I I

- SWISS INTERBANK RATE j J -

I I I I I I

-

__ NETHERLANDS 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

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

CHART 6

EURO-DOLLAR DEPOSIT RATES LONDON AVERAGES FOR WEEK ENDING WEDNESDAY

DENT PER ANNUM PERCENT PER ANI

3-MONTH

I I I I I I

OVERNIGHT

7-DAY 6-MONTH

1-MONTH 1-YEAR

1987 1989 1987 1989

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

CHART7

SELECTED EURO-DOLLAR AND U.S. MONEY MARKET RATES DIFFERENTIAL: PLUS(+),FAVORS BORROWING IN U.S.

AVERAGES FOR WEEK ENDING WEDNESDAY

PERCENT PER ANNUM

14

12

10 FEDERAL FUNDS DASHED LINE

OVERNIGHT EURO-DOLLAR DEPOSITS

3-MONTH EURO-DOLLAR DEPOSITS

I I I l l I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1

DIFFERENTIAL

i i i i i i i 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1

PERCENT PER ANNUM

14

- 12

90-DAY CD'S DASHED LINE

I I I I I I I I I I I I I I I

1987 1989

1 PERCENT ON DIFFERENTIAL SCALE = 2 PERCENT ON RATE SCALE

DIFFERENTIAL

" ' if

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 I

1987 1989

- 10

- 8

- 6

4

2

2

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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

CHART 8

INTEREST ARBITRAGE: 3-MONTH FUNDS DIFFERENTIAL: PLUS(+), INDICATES FAVOR DOLLAR ASSETS

AVERAGES FOR WEEK ENDING WEDNESDAY

iENT PER ANNUM

INTERBANK STERLING COVERED LONDON

EURO DOLLAR DEPOSITS DASHED LINE

I l i i 1 1 1 1 i i 1 1 1 1 i i 1 1 1 1 i l l

DIFFERENTIAL

I I I I I I I I I I I

INTERBANK DM COVERED FRANKFURT

EURO-DOLLAR DEPOSITS DASHED LINE

PERCENT PER ANh

CANADIAN FINANCE CO. PAPER, COVERED

U.S. COMMERCIAL PAPER DASHED LINE

JLLLL III II1111

DIFFERENTIAL

I I 111 l l l l l

SWISS INTERBANK (SF) COVERED

EURO-DOLLAR DEPOSITS DASHED LINE

I 1 1 I I I 1 I I 1 I 1 1 1 1 1 1 1 1 I I 1 I M I I I I I 1 1 I 1 1 1 1 I I I I I I I l l l l I I I I I I I I I I I

DIFFERENTIAL

I I l l l l I I I I I I l l l l l I I I I I

DIFFERENTIAL

I I I I I I I I I I I I I I I I I I I I 1 9 8 7 1 9 8 9

1 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

1 4

12

10

8

6

1 4

12

10

8

6

10

8

6

4

2

10

8

6

4

2

8

6

14

12

10

8

6

10

8

6 .

4

2

10

8

6

4

2

CHART9

LONG-TERM GOVERNMENT BOND YIELDS W E E K L Y S E R I E S

CENT PER ANNUM PERCENT PER ANN

UNITED STATES - C A N A D A -

I I I I I I I l l l l l l l l l l

UNITED KINGDOM , -

v I I I

w I I I

F R A N C E -

I I I I I I

SWITZERLAND __ J A P A N -

I I I I I I

-

NETHERLANDS MONTHLY

1 9 3 7

G E R M A N Y

J _ L

1 9 8 9 1987 1989

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

CHART 10

INDUSTRIAL STOCK INDICES WEEKLY SERIES

RATIO SCALE 1969.100

RATIO SCALE 1969-100

UNITED STATES NETHERLANDS

1 1 l l l l l l 1 1 1

GERMANY

300

250 SWITZERLAND

200 -

150 -

100 I I I I I I I I I l l l l l l I I till 1 llllll 600

500 CANADA

-

400 y

300 -

200 I I I I I I 200 1987 1989

FRANCE J -

I I I

UNITED KINGDOM

1987 1989

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

S E R I E S NAME L A S T VALUE P L O T T E D

DATE V A L 0 E

CHART 1 . S P O T EXCHANGE R A T E S AND I N D I C E S

WEEKLY A V E R A G E S , SOON B U Y I N G RATES { U . S . C E N T S )

GERMAN MARK A U G . 2 5 3 . 5 4 J A P A N E S E YEN AUG. 2 0 . 7 2 6 3 4 DUTCH G U I L D E R A U G . 2 4 7 . 4 6 U . K . POUND AUG. 2 1 S 5 . 7 5 CANADIAN DOLLAR ' AUG. 2 8 4 . 7 6 FRENCH FRANC AUG. 2 1 5 . 8 1 S W I S S F F A N C AUG. 2 6 2 . 2 0 B E L G I A N FRANC AUG. 2 2 . 5 5 6 8 5 I T A L I A N L I R A AUG. 2 0 . 0 7 4 4 5 S W E D I S H KRONA AUG. 2 1 5 . 6 4

I N D I C E S , M APCH 1 9 7 3 BASE P A T E S = 1 0 0

GERMAN MARK J A P A N E S E YEN DUTCH G U I L D E R U . K . P ^ U N D CANADIAN DOLLAR FRENCH FRANC S W I S S FRANC B E L G I A N FRANC I T A L I A N L I R A

AUG. 2 1 5 0 . 6 2 AUG. 2 1 9 0 . 1 8 A U G . 2 1 3 6 . 2 5 AUG. 2 6 7 . 0 4 A U G . 2 8 4 . 4 8 AUG. 2 7 1 . 2 4 AUG. 2 2 0 0 . 12 AUG. 2 1 0 0 . 7 5 AUG. 2 4 2 . 2 9

W31GHTED AVER AGE EXCHANGE VALUE I N D I C E S , HAS 1 9 7 3 = 1 0 0 ( 3 - 1 0 C O U N T R I E S P L U S S W I T Z E R L A N D )

U . S . DOLLAR AUG. 2 9 7 . 7 4 GERMAN MARK AUG. 2 1 5 9 . 7 5 J A P A N E S E YEN AUG. 2 2 0 1 . 3 2 DUTCH G U I L D E R AUG. 2 1 3 6 . 5 7 U . K . POUND AUG. 2 6 3 . 0 5 C A N A D I A N DOLLAR AUG. 2 8 1 . 7 8 FRENCH FRANC A U G . 2 6 7 . 1 6 S W I S S FRANC AUG. 2 2 0 0 . 4 2 B E L G I A N FRANC AUG. 2 9 8 . 9 0 I T A L I A N L I R A AUG. 2 3 8 . 8 4 S W E D I S H KRONA AUG. 2 6 7 . 1 5

CHART 2 . 3 - M O N T H FORWARD EXCHANGE P A T E S , PREMIUM 0 8 D I S C O U N T

CANADIAN DOLLAR AUG. 2 - 3 . 5 3 U. K . POUND AUG. 2 - 5 . 10 GERMAN MARK AUG. 2 1 . 6 4 FRENCH FRANC A U G . 2 - 0 . 4 2 S W I S S FRANC AUG. 2 1 . 5 8 DUTCH G U I L D E R AUG. 2 1 . 4 3 J A P A N E S E YEN AUG. 2 3 . 3 2 I T A L I A N L I R A A U G . 2 - J . 7 3 Digitized for FRASER

http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

S E R I E S NAME L A S T VALUE P L O T T E D

DATE VALDE

CHART 3 . GOLD P P I C E I N L O N D O N , AFTERNOON F I X I N G

M . S . D O L L A R S PER F I N E OUNCE AUG. 2 3 7 0 . 1 8

CHART 4 . CALL HONEY B A T E S

U. S . . F E D E R A L FUNDS AUG. 2 8 . 9 5 O V E R N I G H T E U R O - D O L L A R D E P O S I T S AUG. 2 8 . 7 5 0 . K . A U G . 2 1 3 . 9 0 CANADA A U G . 2 1 2 . 4 5 GERMANY A U G . 2 6 . 8 8 J A P A N AUG. 2 5 . 1 4 FRANCE AUG. 2 9 . 2 5 N E T H E R L A N D S A U G . 2 6 . 9 6 S W I T Z E R L A N D AUG. 2 6 . 3 8

CHART 5 . 3 - M O N T H I N T E R E S T R A T E S

U . S . 9 0 - D A Y C D ' S , SECONDARY MARKET AUG. 2 8 . 4 3 GERMAN I N T E R B A N K LOAN A U G . 2 6 . 9 2 J A P A N E S E G E N S A K I P A T E A U G . 2 4 . 7 9 CANADIAN F I N A N C E PAPER A U G . 2 1 2 . 2 9 I N T E R B A N K S T E R L I N G AUG. 2 1 3 . 8 9 S W I S S I N T E R B A N K LOAN A U G . 2 6 . 8 8 FRENCH I N T E R B A N K R A T E AUG. 2 8 . 9 1 N E T H E R L A N D S I N T E R B A N K RATE AUG. 2 7 . 0 3 W E I G H T E D AVERAGE F O R E I G N I N T E R E S T RATE AUG. 2 8 . 51

( G - 1 0 C O U N T R I E S P L U S S W I T Z E R L A N D )

CHART 6 . E U R O - D O L L A R D E P O S I T R A T E S : LONDON

O V E R N I G H T AUG. 2 8 . 7 5 7 - D A Y AUG. 2 8 . 7 1 1 -MONTH A U G . 2 8 . 6 1 3 - M O N T H A U S . 2 8 . 4 8 6 - M O N T H AUG. 2 8 . 3 0 1 - Y E A R AUG. 2 8 . 1 8

. S E L E C T E D E U R O - D O L L A R AND U . S . M3NEY MARKET R A T E S

O V E R N I G H T E U R O - D O L L A R D E P O S I T S AUG. 2 8 . 7 5 U . S . F E D E R A L FUNDS AUG. 2 8 . 9 5 D I F F E R E N T I A L A U S . 2 - 0 . 2D

3 - M O N T H E U R O - D O L L A R D E P O S I T F A T S AUG. 2 8 . 4 8 U . S . 9 0 - D A Y C D ' S , SECONDARY MARKET A U G . 2 8 . 4 3 D I F F E R E N T I A L AUG. 2 0 . 0 5

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

L A S T VALUE P L O T T E D S E R I E S NAME DATE VALUE

CHART 3 . I N T E R E S T A R B I T R A G E , 3 - M O N T H FUNDS

5 0 R 0 - D 0 L L A R D E P O S I T A U G . 2 8 . 4 8 I N T E R B A N K S T E R L I N G ( L O N D O N ) , COVERED A U G . 2 8 . 6 1 D I F F E R E N T I A L AUG. 2 - 0 . 14

U . S . COMMERCIAL P A P E R AUG. 2 8 . 5 7 CANADIAN F I N A N C E P A P E R , COVERED AUG. 2 8 . 6 5 D I F F E R E N T I A L AUG. 2 - 0 . 1 2

E U R O - D O I L A R D E P O S I T AUG . 2 8 . 4 8 I N T E R B A N K DM ( F R A N K F U E T ) , COVERED AUG. 2 8 . 5 9 D I F F E R E N T I A L AUG. 2 - 0 . 1 2

E U R O - D O L L A R D E P O S I T AUG. 2 8 . 4 8 S W I S S I N T E R B A N K , COVERED AUG. 2 8 . 4 8 D I F F E R E N T I A L A U G . 2 - 0 . 0 1

. LONG TERM GOVESMENT BOND Y I E L D S

U N I T E D S T A T E S J U L Y 2 8 7 . 9 7 GERMANY J U L Y 2 8 6 . 7 5 J A P A N J U L Y 2 8 4 . 9 9 S W I T Z E R L A N D J U L Y 2 1 5 . 16 CANADA J U L Y 1 4 9 . 6 0 FRANCE J U L Y 2 1 8 . 9 9 NETHERLANDS (MONTHLY) A P R I L 7 . 0 9 U N I T E D KINGDOM J U L Y 2 8 9 . 1 0

U . S . C O R P O R A T E

AAA BONDS MAY 9 . 3 3

CHART 1 0 . S T O C K I N D I C E S

U N I T E D S T A T E S AUG. 2 3 6 3 . 1 2 U N I T E D K I I G D O M AUG. 2 4 2 2 . 9 7 CA NAD A A U G . 2 3 9 4 . 2 4 GERMANY AUG. 2 2 8 1 . 4 2 S W I T Z E R L A N D A U G . 2 2 6 2 . 7 6 N E T H E R L A N D S AUG. 2 4 5 7 . 2 8 FRANCE A U G . 2 5 0 9 . 06 J A P A N AUG. 2 6 9 8 . 2 3

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

FEDERAL RESERVE statistical release

H . 1 0 ( 5 1 2 ) AUGUST 7 , 1 9 8 9

FOREIGN EXCHANGE RATES FOR THE WEEK ENDING AUGUST 4 , 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 (CURRENCY U N I T S PER DOLLAR)

COUNTRY MONETARY

UNIT JULY 3 1 AUG. 1 AUG. 2 AUG. 3 AUG. 4

AUSTRALIA DOLLAR 7 5 . 6 3 7 6 . 1 1 7 6 . 9 4 7 6 . 6 1 7 6 . 4 9 AUSTRIA SCHILLING 1 3 . 1 4 0 1 3 . 1 2 0 1 3 . 0 3 5 1 3 . 1 3 1 1 3 . 3 4 7 BELGIUM FRANC 3 9 . 0 5 0 3 9 . 0 5 0 3 8 . 8 0 0 3 9 . 0 2 0 3 9 . 7 5 0 CANADA DOLLAR 1 . 1 8 0 5 1 . 1 7 4 7 1 . 1 7 5 7 1 . 1 7 1 8 1 . 1 7 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 6 5 0 7 . 2 5 4 0 7 . 2 0 5 0 7 . 2 5 8 0 7 . 3 8 0 0 FINLAND MARKKA 4 . 2 1 1 0 4 . 2 1 0 0 4 . 1 9 2 0 4 . 2 2 0 5 4 . 2 8 5 0 FRANCE FRANC 6 . 3 1 7 0 6 . 3 1 6 0 6 . 2 7 1 0 6 . 3 2 2 0 6 . 4 2 5 0 GERMANY D . MARK 1 . 8 6 5 8 1 . 8 6 5 1 1 . 8 5 1 5 1 . 8 6 6 3 1 . 8 9 7 0 GREECE DRACHMA 1 6 1 . 8 6 0 1 6 1 . 4 0 0 1 6 0 . 2 2 0 1 6 0 . 6 2 0 1 6 3 . 7 0 0 HONG KONG DOLLAR 7 . 8 0 7 0 7 . 8 0 7 0 7 . 8 0 7 5 7 . 8 0 7 5 7 . 8 0 7 0 I N D I A RUPEE 1 6 . 4 4 0 0 1 6 . 4 6 0 0 1 6 . 4 3 0 0 1 6 . 5 0 0 0 1 6 . 5 7 0 0

IRELAND POUND 1 4 2 . 6 0 1 4 2 . 7 0 1 4 3 . 7 5 1 4 2 . 8 5 1 4 0 . 2 0 ITALY LIRA 1 3 4 1 . 2 5 1 3 4 1 . 0 0 1 3 3 0 . 5 0 1 3 4 5 . 0 0 1 3 6 6 . 2 5 JAPAN YEN 1 3 6 . 9 5 1 3 6 . 8 2 1 3 6 . 1 5 1 3 6 . 9 5 1 3 9 . 4 5 MALAYSIA RINGGIT 2 . 6 6 1 0 2 . 6 6 4 0 2 . 6 6 4 5 2 . 6 6 4 5 2 . 6 6 7 0 NETHERLANDS GUILDER 2 . 1 0 4 5 2 . 1 0 4 1 2 . 0 8 8 7 2 . 1 0 5 5 2 . 1 4 0 0

NEW ZEALAND DOLLAR 5 8 . 5 5 0 5 8 . 9 0 0 5 9 . 9 5 0 5 9 . 9 3 0 5 9 . 6 5 0 NORWAY KRONE 6 . 8 5 5 0 6 . 8 5 5 0 6 . 8 2 2 0 6 . 8 5 7 0 6 . 9 6 0 0 PORTUGAL ESCUDO 1 5 6 . 2 5 0 1 5 6 . 4 5 0 1 5 5 . 1 8 0 1 5 6 . 4 5 0 1 5 8 . 9 5 0 SINGAPORE DOLLAR 1 . 9 5 1 0 1 . 9 5 1 0 1 . 9 4 6 5 1 . 9 4 7 0 1 . 9 5 4 0 SOUTH AFRICA RAND 2 . 6 4 9 0 2 . 6 5 0 0 2 . 6 2 8 0 2 . 6 5 5 0 2 . 6 8 1 5 SOUTH KOREA WON 6 7 0 . 1 0 6 7 0 . 0 0 6 6 9 . 9 0 6 7 0 . 0 0 6 7 0 . 1 5 S P A I N PESETA 1 1 7 . 1 0 0 1 1 7 . 2 5 0 1 1 6 . 1 0 0 1 1 7 . 0 0 0 1 1 9 . 0 0 0 S R I LANKA RUPEE 3 5 . 1 1 7 3 5 . 2 6 8 3 5 . 5 1 8 3 5 . 7 6 8 NA SWEDEN KRONA 6 . 3 8 4 0 6 . 3 8 4 0 6 . 3 5 9 0 6 . 3 9 0 0 6 . 4 7 7 0 SWITZERLAND FRANC 1 . 6 0 6 5 1 . 6 0 7 5 1 . 5 9 2 2 1 . 6 0 7 3 1 . 6 3 5 0 TAIWAN DOLLAR 2 5 . 6 5 5 2 5 . 7 0 0 2 5 . 7 3 2 2 5 . 7 4 0 2 5 . 6 8 0 THAILAND BAHT 2 5 . 7 6 0 2 5 . 6 9 0 2 5 . 6 6 0 2 5 . 6 9 0 2 5 . 7 2 0

U N I T E D KINGDOM POUND 1 6 6 . 6 0 1 6 5 . 4 5 1 6 6 . 2 8 1 6 4 . 1 5 1 6 1 . 4 5

MEMO: SUNITED STATES DOLLAR 9 7 . 5 4 9 7 . 5 5 9 6 . 9 8 9 7 . 6 9 9 9 . 2 1

SINDEX 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 . HEIGHTS 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.

*VALUE I S U . S . CENTS

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis