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Selected Interest &
Exchange Rates
Weekly Series of Charts
CORRECTIONS:
Japanese Yen and Swedish Krona Weighted Average
Exchange Value Indices

August 14, 1978

DIVISION OF
INTERNATIONAL FINANCE

Prepared by the
FINANCIAL MARKETS
SECTION

BOARD OF GOVERNORS
FEDERAL RESERVE SYSTEM
Washington, D C. 20551




Table of Contents

TABLES

SUBSCRIPTION RATES:

1. LATEST FIGURES PLOTTED

Weekly $15.00 per year or $.40 each in the United
States, its possessions, Canada, and Mexico; 10 or
more of the same issue to one address, $13.50 per
year or $.35 each. Elsewhere, $20.00 per year or $.50
each. Address requests to Publications Services, Division of Administrative Services, and make payment
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.

2. DAILY CERTIFIED SPOT
EXCHANGE RATESH.10 RELEASE
CHARTS
1. SPOT EXCHANGE RATE INDICES
2. 3-MONTH FORWARD EXCHANGE RATES
3. GOLD PRICE-LONDON
4. CALL MONEY RATES
5. 3-MONTH INTEREST RATES
6. EURO-DOLLAR DEPOSIT RATES
7. SELECTED EURO-DOLLAR AND
U.S. MONEY MARKET RATES
a INTEREST ARBITRAGE: 3-MONTH FUNDS
9. LONG-TERM GOVERNMENT BOND YIELDS
10. INDUSTRIAL STOCK INDICES




CHART 1

SPOT EXCHANGE INDICES
DOLLAR PRICES OF FOREIGN CURRENCIES AND WEIGHTED AVERAGE VALUES (THIN LINE)
AVERAGES FOR WEEK ENDING WEDNESDAY
RATIO i
MARCH 197:

RATIO
MARCH 1973=100

120

100
FOREIGN CURRENCY
PRICE OF U.S. DOLLAR

CANADIAN DOLLAR

80

I I I I III I I I

I I I I I II I I
160

FRENCH FPANC
140

GERMAN MARK

120

100
150

130

JAPANESE

SWISS FRANC

DUTCH GUILDER

BELGIAN FRANC

110

90

150

130

110

111 H i l l 111

90

110

90

U.K. POUND
\

ITALIAN LIRA

-

70

-

—

—

*

I

50




1976

1978

I

I

I

I
1976

» iA

i,"

I
1978

CHART 2

4

3-MONTH FORWARD EXCHANGE RATES
PREMIUM (+) OR ( - )
AVERAGES FOR WEEK ENDING WEDNESDAY
PER CENT PER ANNUM

PER CENT PER ANNUM

Vv,r

6

ITALIAN LIRA

CANADIAN DOLLAR

-

I

I

I

I I I II I I I I I I

-

24

48

-

DUTCH GUILDER

U. K. POUND

12

-

-

12

11 l u l l 1111

18

I

I

I

I I I II I II I I I

11111111111

SWISS FRAIt c
-

GERMAN MARK

I

I

/

I

I

I

I

I

i

I

11111111111

jV /
FRENCH FRANC

I

-

JAPANESE YEN

J

I

i

12




I

I
1976

I I !

I
1978

I

I
1976

I

I ! I I I 11 11 11
1978

-

CHART 3

PRICE OF GOLD IN LONDON

»

AVERAGES

FOR WEEK

ENDING WEDNESDAY

US. DOLLARS PER FINE OUNCE

U.S. DOLLARS PER FINE OUNCE

220

220

200

-

200

180

-

180

12.5 Kg BARS
AFTERNOON FIXING PRICE
160

-

160

140

-

140

120

120

100

100
1975




1976

1977

1978

CHART 4

CALL MONEY RATES
WEEKLY SERIES

PER

PER CENT PER At

rNT PER ANNUM

.

12

U.S. FEDERAL FUNDS

8

4

\jy

-

JAPAN
-

-

OVERNIGHT EURO-DOLLARS

I

ill I I I

0

I

I

16
FRANCE

12

8
U.K. 2 - D A Y LOCAL AUTHORITY
4

0
12
NETHERLANDS

CANADA

8

4

0
12

8

EURO-SWISS FRANC
GERMANY

4

+

0

EURO-DM

M I I II I ! I ! I I i !

4




1976

1978

1976

1978

CHART 5

3-MONTH INTEREST RATES
WEEKLY SERIES
PER CENT PER ANNUM
PER CENT PER ANNUM

12

—
CANADIAN FINANCE CO. PAPER

WEIGHTED AVERAGE FOREIGN RATE

8

4

11111111111

16

12

JAPANESE BANK
LOANS AND DISCOUNTS

U.K. INTERBANK STERLING

8

4

1
10
SWISS INTERBANK RATE

6

GERMAN INTERBANK RATE

2



1976

1978

1976

1978

CHART 6

EURO-DOLLAR DEPOSIT RATES

LONDON

AVERAGES FOR WEEK ENDING WEDNESDAY
CENT PER ANNUM

PER CENT PER Al

10

OVERNIGHT

3-MONTH

6

2

10
6-MONTH
7-DAY

J

-

6

-

2

I

10

I

I

I

I

I

i i l i i l i i l i i

1-YEAR

J*

1-MONTH

6

2

I

I

I




I

I I
1976

i i l i i l i i l n

I l l l l l l l l l l
1978

1976

1978

CHART 7

SELECTED EURO-DOLLAR AND U. S. MONEY MARKET RATES
AVERAGES FOR

WEEK ENDING WEDNESDAY
PER CENT PER ANNUM

PER CENT PER ANNUM

10

3-MONTH
EURO-DOLLAR DEPOSITS

L FUNDS
4ED LINE
OVERNIGHT
EURO-DOLLAR DEPOSITS

90-DAY CD'S
DASHED LINE

DIFFERENTIAL

DIFFERENTIAL

ADJUSTED FOR RESERVE REQUIREMENTS

ADJUSTED FOR RESERVE REQUIREMENTS

wa/vWVV

I I
1976
FAVORS BORROWING IN U. S. IF POSITIVE




I I I I I III

I I I I I I I I I I I I I I I II
1978

1976

I'l I I I I I I I I I M
1978

CHART 8

INTEREST ARBITRAGE: 3-MONTH FUNDS
DIFFERENTIAL: PLUS(+), INDICATES FAVOR DOLLAR ASSETS
AVERAGES FOR WEEK ENDING WEDNESDAY
PER

r PER ANNUM

PER CENT PER M

10

EURO-DOLLAR DEPOSITS

8

INTERBANK

INTERBANK STERLING

COVERED FRANKFURT

COVERED LONDON

6

EURO-DOLLAR DEPOSITS

4

DASHED LINE

2
DIFFERENTIAL
+

0
DIFFERENTIAL

I I II I I I i i M

2

11111111111111111

10
CANADIAN FINANCE CO. PAPER,

COVERED

EURO-DOLLAR DEPOSITS

8

6

4

U.S. COMMERCIAL PAPER

SWISS INTERBANK (SF) COVERED

DASHED LINE

DASHED LINE

DIFFERENTIAL

DIFFERENTIAL

2

+

0

111!III I I I 11111 I

2



1976

1978

I

i
1976

I

I,
1978

CHART 9

LONG-TERM GOVERNMENT BOND YIELDS
WEEKLY SERIES
PER

PER ANNUM

PER CENT PER

9

CANADA

UNITED STATES

7

5

10

JAPAN
INDUSTRIAL
SWITZERLAND

8

6
GERMANY
4
13
UNITED KINGDOM
FRANCE
11

9

7
NETHERLANDS

5
11

U.S.

CORPORATE

iiliilnln

MONTHLY
U. S.

9

CORPORATE

MONTHLY

EURO-DOLLAR BONDS

Aaa BONDS

7

»

EURO-DM BONDS

5




1976

1978

1976

1978

CHART 10

INOBSTRIAL STOCK INDEXES
WEEKLY SERIES
RATIO SCALE
1969=100

RATIO SCALE
1969=100

140
120

-

UNITED STATES

-

1

100
-

/V

-

80

-

1 1 1

60

1 1 1

UNITED KINGDOM

MluhllM

JAPAN

200

160 —

140
120

,V

—

CANADA
100

80

60

-

SWITZERLAND

T'

I I I




I I I

120

FRANCE
GENERAL INDEX

GERMANY
100

80

i ill i In In
1976

60
1978

1976

1978

^

SERIES NAME

CHART

L A S T V A L U E PLOTTED
DATE
VALUE

1. SPOT E X C H A N G E R A T E S AND INDICES

MEEKLY A V E R A G E S , N O O N B U Y I N G R A T E S (U.S. C E N T S )
GERMAN MARK
J A P A N E S E YEN
DUTCH G U I L D E R
U.K. POUND
C A N A D I A N DOLLAR
FRENCH FRANC
SWISS F R A N C
BELGIAN FRANC
ITALIAN LIRA

AUG.
AUG.
AUG.
AUG.
AUG.
AUG.
AUG.
AUG.
AUG.

9
9
9
9
9
9
9
9
9

49.77
0.53066
45.88
193.32
67.88
22.88
58.69
3.15546
0.11919

AUG.
AUG.
AUG.
AUG.
AUG.
AUG.
AUG.
AUG.
AUG.

9
9
9
9
9
9
9
9
9

140.00
138.94
131.73
78.19
87.59
103.09
188.81
124.34
67.71

9
9
9
9
9
9
9
9
9
9

90.39
135.98
132.22
123.33
69.82
79.57
94.67
177.19
115.68
60.33

9
9
9
9
9
9
9
9

-0.47
-2.84
5.11
-0.87
7.43
2.29
6.63
-4.80

I N D I C E S , M A R C H 1973 BASE R A T E S = 100
GERMAN MARK
J A P A N E S E YEN
DUTCH GUILDER
U.K. POUND
C A N A D I A N DOLLAR
FRENCH FRANC
SWISS F R A N C
B E L G I A N FRANC
ITALIAN LIRA

W E I G H T E D A V E R A G E E X C H A N G E VALUE I N D I C E S , M A R 1 9 7 3 = 100
U.S. DOLLAR
GERMAN MARK
J A P A N E S E YEN
DUTCH G U I L D E R
U.K. POUND
C A N A D I A N DOLLAR
FRENCH FRANC
SWISS F R A N C
B E L G I A N FRANC
ITALIAN LIRA
C H A R T 2 . 3 - M O N T H F O R W A R D E X C H A N G E R A T E S , PREMIUM UR
C A N A D I A N DOLLAR
U.K. POUND
GtRMAN MARK
FRENCH FRANC
SWISS F R A N C
DUTCH GUILDER
J A P A N E S E YEN
ITALIAN LIRA




AUG.
AUG.
AUG.
AUG.
AUG.
AUG.
AUG.
AUG.
AUG.
AUG.

DISCOUNT
AUG.
AUG.
AUG.
AUG.
AUG.
AUG.
AUG.
AUG.

SERIES NAME

CHART 3 . GOLD PRICE
U.S. DOLLARS

CHART 4 . CALL MONEY

LAST V A L U E P L O T T E D
DATE
VALUE

IN L O N D O N
PER FINE O U N C E

AUG.

9

204.54

9
AUG.
9
AUG.
4
AUG.
AUG. 4
AUG. 4
AUG. 4
AUG.
4
AUG. 4
JULY 14
AUG.
4

7.83
8.03
9.75
9.28
3.40
3.07
4.38
7.75
4.15
1.25

AUG.
AUG.
AUG.
AUG.
AUG.
AUG.
AUG.

9
9
9
2
9
9
9

7.81
3.68
4.63
6.08
8.67
9.58
0.80

AUG.
AUG.
AUG.
AUG.
AUG.
AUG.

9
9
9
9
9
9

8.03
7.95
8.04
8.28
8.68
8.86

9
9
9
9
9
9

8.03
7.63
0.53
8.28
7.81
0.32

RATES

U . S . F E D E R A L FUNDS
OVERNIGHT EURO-DOLLAR DEPOSITS
U.K. 2-DAY LOCAL AUTHORITY DEPOSITS
CANADA
GERMANY
EURO-DM
JAPAN
FRANCE
NETHERLANDS
EURO-SWISS FRANC
C H A R T 5 . 3 - M O N T H INTEREST R A T E S
U.S. 90-DAY CD'S
G E R M A N I N T E R B A N K LOAN
JAPANESE BANK LOANS & DISCOUNTS
W E I G H T E D A V E R A G E FOREIGN INTEREST RATE
C A N A D I A N F I N A N C E PAPER
INTERBANK STERLING
SWISS I N T E R B A N K LOAN
CHART 6 . EURO-DOLLAR DEPOSIT RATES: LONDON
OVERNIGHT
7-DAY
1-MONTH
3-MONTH
6-MONTH
1-YEAR

C H A R T 7 . S E L E C T E D E U R O - D O L L A R A N D U . S . M O N E Y M A R K E T RATES
OVERNIGHT EURO-DOLLAR DEPOSITS
U . S . F c D E R A L FUNDS
D I F F E R E N T I A L A D J . FOR R E S E R V E R E Q U I R E M E N T S
3 - M O N T H EURO-DOLLAR D E P O S I T RATE
U.S. 90-DAY CD'S
D I F F E R E N T I A L A D J . FOR RESERVE R E Q U I R E M E N T S




AUG.
AUG.
AUG.
AUG.
AUG.
AUG.

I

SERIES NAME

LAST V^LUE PLOTTED
DATE
VALUE

CHART 8. INTEREST A R B I T R A G E , 3-MONTH FUNDS
EURO-DULLAR DEPOSIT
INTERBANK STERLING (LONDON), COVERED
DIFFERENTIAL

AUG.
AUG.
AUG.

9
9
9

8.28
6.73
1.54

U.S. COMMERCIAL PAPER
CANADIAN FINANCE PAPER, COVERED
DIFFERENTIAL

AUG.
AUG.
AUG.

9
9
9

7.78
8.20
-0.42

EURO-DOLLAR DEPOSIT
I N T E R B A N K DM ( F R A N K F U R T ) , C O V E R E D
DIFFERENTIAL

AUG.
AUG.
AUG.

9
9
9

8.28
8.79
-0.51

EURO-DOLLAR DEPOSIT
SWISS INTERBANK, COVERED
DIFFERENTIAL

AUG.
AUG.
AUG.

9
9
9

8.28
8.23
0.05

AUG.
JULY
JULY
JULY
AUG.
JULY
JULY
AUG.

4
28

8.46
6.15
6.07
3.37
9.13
10.31
7.20
11.39

CHART 9 . LONG TERM G O V E R M E N T BOND YIELDS
UNITED STATES
GERMANY
JAPAN (MONTHLY)
SWITZERLAND
CANADA
FRANCE
NETHERLANDS
UNITED KINGDOM

#

#

28
4
28
14
4

U.S. CORPORATE
AAA B O N D S
tURQ-DM BONDS
EURO-DOLLAR BONDS

CHART

10. INDUSTRIAL
UNITED STATES
JAPAN
CANADA
FRANCE
UNITED KINGDOM
SWITZERLAND
GERMANY




STOCK

JUNE
JUNE
JUNE

6.76
6.54
8.14

INDICES
AUG.
4
JULY 28
JULY 21
JULY
7
AUG.
4
AUG.
4
J U L Y 21

105.69
279.04
97.75
108.38
118.44
72.24
102.80

WEIGHTED AVERAGE EXCHANGE RATE JAPANESE YEN
INDEX
*
NSA
1972-76 TRA E WEIGHTS; MARCH 1973 BASE RATES - 100
AVAILABLE FROM 70052 TO 78031
STATUS OF LAST PERIODSLAST UPDATED THURSDAY, AUG 3,1978
USER NOTES:SOURCE: FINANCIAL MARKETS SECTION

WEEKLY

82.96
82.44
81.84
87.10

82.97
82.32
81.56
87.20

82.94
82.96
82.55
82.43
81.56*********
87.17
87.16

82.96
82.43
85.23
87.12

91.28

91.38
90.69
92.12
93.01

91.29
90.50
92.21
92.95

91.21
90.48
92.20
92.93

91.54
90.49
92.23
92.91

99.23
98.40
94.16
91.67

99.38
97.82
94.90
92.60

101.27
96.65
94.98
91.87

100.61

91.51
86.25

86.80

93.61
92.04
86.35
86.49

91.76
92.19
86.75
86.63

92.97
91.66
87.09
85.90

93.72
91.56
87.32
85.73

84.49
85.07
87.12
86.75

84.25
84.58
87.55
86.83

85.09
84.59
88.05
86.64

85.16
84.29
87.74
86.69

85.62
84.41
87.84
87.15

85.04
84.27

88.07
90.81
93.19
92.66

87.95
91.12
93.43
92.18

88.19

91.11
93.39
92.99

94.21
92.22

88.93
91.31
94.42
92.05

89.84
91.27
94.33
91.77

90.12
91.23
94.60
91.73

93.76
94.19
98.33
97.45
101.40
100.86
102.49
104.17
107.68*********

94.54
97.30
100.57
105.58

95.55
97.49
100.42
105.71

95.77
97.40
100.82
106.83

96.13
97.46
100.89
107.41

96.30
97.49
100.76
108.40

96.50
98.05
100.74
109.58

97.13
99.13
100.76
109.44

106.18

106.58
113.87
127.13

106.48
114.12
132.62

106.25
114.07

106.00

106.91
114.91

108.74
115.96

109.46
117.24

1971- 1
1971- 13
1971- 25
1971-37
1971- 49

83.27
82.96
82.43
85.36
87.03

83.10
82.98
82.41
85.31
87.43

82.96
83.00
82.39
85.21
87.57

82.91
82.81
83.00
83.00
82.22
82.37
86.14
85.40
88.74*********

82.98
82.91
82.15
86.63

83.01
82.55
82.13

19721972197219721972-

1
13
25
37
49

89.30
91.34
90.88
92.22
92.94

89.69
90.70
92.91
92.29
93.04

89.03
91.18
92.07
92.36
93.09

89.64
89.28
91.02
91.48
91.95
91.95
92.53
92.58
92.96*********

90.17
90.83
92.08
92.64

91.05
90.71
92.04
92.79

19731973197319731973-

1
13
25
37
49

92.97
99.13
95.93
94.61
93.30

92.96
99.49
95.07
94.25
93.63

92.93
99.55
93.34
93.75
93.86

92.34
92.67
99.60
99.40
92.89
92.49
93.58
93.82
94.17*********

92.50
99.67
91.91
93.08

96.95
99.66
92.63
92.86

101.08

19741974197419741974-

1
13
25
37
49

94.76
94.15
91.86
87.55
85.64

92.86
93.80
91.98
88.58
85.25

90.85
93.63
91.03
89.24
84.58

91.35
92.03
94.14
93.61
89.97
89.55
88.49
87.51
84.22*********

91.28
91.95
88.52
87.49

91.75
91.66
87.19
87.12

92.18

19751975197519751975-

1 *********
84.98
13
83.85
25
88.07
37
87.06
49

83.37
84.28
83.61
88.27
86.51

83.35
84.76
84.08

82.97
85.36
84.95

83.12
84.88
85.63
87.55
86.76

83.59
84.51
86.72
87.01

19761976197619761976-

1
13
25
37
49

86.55
90.10
91.52
94.98
91.45

86.48
90.47
91.89
94.48
91.79

86.83
91.19
91.93
94.51
91.68

87.43
87.68
90.63
90.85
92.50
93.40
94.45
93.75
91.90*********

88.12

19771977197719771977-

1
13
25
37
49

91.69
97.82
99.37
101.22
108.76

92.10
98.82
99.95
101.16
108.73

92.95
99.66
101.17
101.22
107.83

1978- 1
1978- 13
1978- 25

112.21

106.77

107.05
113.85
123.13

106.44
114.95
124.88




119.93

88.26
86.81

88.20

86.52

115.24
124.75

106.31
113.30
124.90

86.86

90.80

92.08
93.00

99.26
92.92
93.44

91.16

113.32

96.62
94.75
93.14

88.01

87.09

#

*

#

#

#

WEIGHTED AVERAGE EXCHANGE RATE SWEDISH KRONA
INDEX
*
USA
1972-76 TRADE WEIGHTS; MARCH 1973 BASE RATES - 100
AVAILABLE FROM 70052 TO 78031
STATUS OF LAST PERIODSLAST UPDATED THURSDAY, AUG 3,1978
USER MOTES:SOURCE: FINANCIAL MARKETS SECTION

WEEKLY

99.08
99.10
98.56
98.45
98.88*********
98.28
98.46

99.12
98.47
98.08
99.21

100.39

98.79
99.41
100.23
100.53

99.02
99.32
100.25
100.57

98.85
99.26
100.25
100.56

101.53
99.51
103.52
101.71

99.84
100.50
102.34
101.87

101.05
100.97
102.30
100.92

100.55

97.85
102.35
101.85

102.26

98.26
102.73
101.93
102.20

97.60
102.38
102.04
102.32

106.62
107.63
105.48
102.98

106.55
107.74
104.72
103.24

107.04
108.43
104.36
103.16

104.37
104.25
105.58
105.96
104.45
104.63
108.69
108.81
111.61*********

104.09
106.29
104.46
108.83

103.98
105.81
104.98
109.52

108.78
108.77
105.86
105.77
103.52
104.25
93.87
93.80
91.72*********

108.66
105.95
104.57
93.77
92.73
92.18
91.26

19711971197119711971-

1
13
25
37
49

99.32
99.09
98.50
98.00
99.65

99.30
99.07
98.52
98.06
99.55

99.21
99.09
98.45
98.06
99.28

98.95
99.16
99.16
99.16
98.28
98.35
98.28
98.43
98.74*********

98.83
99.03
98.22
98.09

98.91
98.44
98.19
98.15

99.04
98.45
97.87
98.17

99.09
98.34
97.54
98.15

19721972197219721972-

1
13
25
37
49

99.00
98.67
99.57
100.19
100.58

99.27
98.70
99.26
100.32
100.66

99.10
98.63
100.07
100.35
100.73

98.91
99.16
98.73
98.72
99.93
99.69
100.26
100.28
100.76*********

98.81
98.92
99.97
100.17

98.60

98.83
99.24
100.13
100.47

98.66

99.08
100.07
100.34

100.18

19731973197319731973-

1
13
25
37
49

100.79
99.21
102.20
101.42
99.75

100.76
99.24
102.47
101.17
98.96

100.72
99.18
104.22
101.08
98.16

100.57
100.64
98.99
99.11
102.64
103.27
100.93
100.95
98.38*********

100.69
98.98
103.24
101.44

100.04
98.94
103.74
102.01

19741974197419741974-

1
13
25
37
49

98.18
99.23
101.41
101.17
103.68

96.97
99.92
101.33
101.27
103.97

95.92
99.77
100.99
101.22
104.62

97.66
97.37
100.79
100.18
101.35
100.96
102.18
101.21
105.38*********

97.81
102.08
101.69
102.13

19751975197519751975-

1
13
25
37
49

*********

107.71
108.92
102.82
103.21

106.88
107.94
108.82
102.08
103.22

106.36
107.96
108.94
101.31
103.28

106.41
107.30
108.17
101.87
103.36

107.02
107.65
106.90
102.30
103.58

19761976197619761976-

1
13
25
37
49

103.74
104.90
105.01
105.99
111.16

103.71
105.10
104.86
106.94
111.10

103.77
105.46
104.61
107.55
111.41

19771977197719771977-

1
13
25
37
49

111.62
109.76
103.47
93.58
92.02

110.67
107.03
103.46
93.78
91.57

109.32
105.41
103.57
93.86
91.52

1978- 1
1978- 13
1978- 25

91.89
91.69
91.86

91.87
91.74
91.68

92.05
91.57
91.58




92.32
91.97
91.56

92.41
91.94
91.41

99.34

99.55

102.01

101.82

101.01

100.22

97.81
102.12
101.72
102.70

97.41
101.87
101.42
103.33

97.52
101.43
101.24
103.04

107.41
108.40
104.16
103.25

107.74
108.40
104.35
103.14

107.56
108.33
103.67

102.82

107.45
108.38
102.95
103.20

104.18
105.28
105.38
110.42

104.01
105.22
105.71
109.50

104.42
105.37
105.81
109.81

104.96
105.45
105.57
110.39

105.08
105.39
105.52
111.07

108.91
105.63
103.68
93.58

109.27
105.31
103.44
93.23

109.52
105.30
103.40
92.99

109.61
104.95
103.18
92.75

109.63
104.09
97.54
92.42

109.68
103.66
93.60
92.13

92.24
92.19
90.90

91.96
92.23

92.26
92.26

91.96
91.84

91.92
91.90

91.84
91.80

101.80

101.53

.CO****.

F

E

D

E

H.10

R

A

L

R

E

S

E

R

V

E

statistical

r e l e a s e

AUGUST

FOREIGN EXCHANGE RATES
FUR THE MEEK ENDING

AUGUST

lit

14,

1978

197b

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 rate in New York City for cable transfers payable in foreign currencies:

COUNTRY
AUSTRALIA
AUSTRIA
bbcGiUM
CANADA
DENMARK
t-INLAND
FRANC c
GERMANY
INDIA
IRELAND
ITALY
JAPAN
MALAYSIA
MEXICO
NETHERLANDS
NEW ZEALAND
NORWAY
PORTUGAL
SOUTH AFRICA
SPAIN
SRI L A N K A
SWEDEN
SWITZERLAND
UNITED KINGDOM




MONETARY
UNIT

AUG.

DOLLAR
SCHILLING
FRANC
DOLLAR
KRONE
MARKKA
FRANC
D. MARK
RUPEE
POUND
LIRA
YEN
DOLLAR
PESO
GUILDER
DOLLAR
KRONE
ESCUDO
RAND
PESETA
RUPEE
KRONA
FRANC
POUND

115.5000
6.69750
3.15400
67.6500
lo.2000
<4.2150
22 .8600
49.7400
12.4600
192.9200
0.11905
0 . 5 2 9 70
44.1750
4.3775
45.8600
105.2500
18.8800
2.1925
115.0000
1.3144
6.3000
22.4300
58 .5600
192.9200

I

7

AUG.

8

(RATE U . S . C E N T S )
AUG.
9

115.8000
6.97000
3.18950
67.7400
lb.2900
24.3425
22.9300
50.3C00
12.4600
193.4000
0.11945
0.53380
43.4000
4.3775
46.3400
105.3500
19.010U
2.2050
115.0000
1.3187
6.3000
22.5225
59.1000
193.4000

115.9500
7.02000
3.19460
88.0100
18.3600
24.4150
22.9750
50.4150
12.4600
194.8500
0.11980
0.53300
43.5000
4.3775
46.4550
105.8500
19.3600
2.2000
115.0000
1.3247
6.3000
22.6300
59.3100
194.8500

AUG.

10

116.0000
7.00000
3.20200
88.^000
18.3200
24.3575
23.1700
50.5900
12.4600
195.2500
0.11990
0.53570
43.5000
4.3775
4O.6000
105.6500
19.0850
2.2075
115.0000
1.3235
6.3000
22.6250
59.5300
195.2500

AUG.

11

116.1500
7.03000
3.21700
66.0200
18.4100
24.5300
23.3100
50.8100
12.4600
196.4000
0.12040
0.53900
43.7100
4.375U
46.8200
106.1500
19.2400
2.2300
115.0000
1.3319
6.3000
22.7000
60.6800
196.4000