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(516/517)

%

Selected Interest &
Exchange Rates
Weekly Series of Charts

January 6,1992

DIVISION OF
INTERNATIONAL FINANCE

Prepared by the
FINANCIAL MARKETS
SECTION

BOARD OF GOVERNORS
FEDERAL RESERVE SYSTEM
Washington, DC. 20551




3

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 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
8. INTEREST ARBITRAGE: 3-MONTH FUNDS
9. LONG-TERM GOVERNMENT BOND YIELDS
10. INDUSTRIAL STOCK INDICES




SUBSCRIPTION RATES:
Weekly $30.00 per year or $.70 each in the United
States, its possessions, Canada, and Mexico.
Elsewhere. $35.00 per year or $.80 each. Address
requests to Publications Services Division of
Support 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.

CHART 1

SPOT EXCHANGE INDICES
DOLLAR PRICES OF FOREIGN CURRENCIES AND WEIGHTED AVERAGE VALUES (THIN LINE)
AVERAGES FOR WEEK ENDING WEDNESDAY
RATIO SCALE
MARCH 1973=100

RATIO SCALE
MARCH 1973=100

140

140
130
120
110

FOREIGN CURRENCY
PRICE OF U.S. DOLLAR

100
_

BELGIAN FRANC

90

80
i
_

i

l

i

i

i

l

i

i

i

l

i

•

i

I

J_L

I

I

I

I

I

I

l

l

l

SWISS FRANC
JAPANESE YEN

70
280
260
240
220
200
180
160
140

i

i

'

I

i

i

i

l

i

i

i

l

i

i

i

I

I

I

I

I

I

I

I

I

I

I

I

I

I

I

CANADIAN DOLLAR

U.K. POUND

120
100
90
80
70
60

i

i

—

i

I

i

i

i

I

i

i

i

I

J—L

I

I

I

I

I

I

I

I

I

I

I

'

I

50
200
180

DUTCH GUILDER

160
w

140

GERMAN MARK

120
I

I

I

I

I

I

I

I

I

I

I

I

I

I

I

i

i

i

I

i

i

i

l

i

i

i

l

i

i

100
60
55

ITALIAN LIRA

FRENCH FRANC

i

50
45
40
35
30

'

i

i

I




'

I
1990

'

I

l

l

l

I

l

l
1992

l

I

I

I

I

'

I
1990

I

I

I

I

I

I

I

I
1992

25

CHART 2

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

PERCENT PER ANN!

CANADIAN DOLLAR

U.K. POUND

8

i

12
8

i

'

I

i

i

i

I

i

'

i

I

i

i

i

'

GERMAN MARK

i

i

I

'

i

i

I

i

•

i

I

i

i

i

JAPANESE YEN

4

—

+

0

4

8

I

I

'

I

'

'

'

I

I

'

'

I

•

8

_L_L

1

SWISS FRANC

1

1

I

I

1

1

I

1 i

i

I

i

i

i

1

1

1

1 i

i

1

i

i

i

1 1
1990

1

1 i

i

1 i

DUTCH GUILDER

4

+

0

%

4

8
4

I

I

I

I

I

I

I

I

I

I

FRENCH FRANC

1

1

1

1

1

ITALIAN LIRA

+

0

4

8

12

1

1

1




I

1

1

1990

1

I

1

1

1

I

I

I

I

1992

1

1

1

1

1

i i
1992

CHART 3

PRICE OF GOLD IN LONDON
AVERAGES FOR WEEK ENDING WEDNESDAY
U.S. DOLLARS PER FINE OUNCE

U.S. DOLLARS PER FINE OUNCE

460

460

440 —

— 440
12.5 Kg BARS

AFTERNOON FIXING PRICE

420

— 420

400

400

380 —

— 380

360 —

360

340 —

340

320

1989




1990

1991

1992

320

CHART 4

CALL MONEY RATES
WEEKLY SERIES
PERCENT PER ANNUM

PERCENT PER ANNUM
16

16

12

FRANCE

U.S. FEDERAL FUNDS

12

JAPAN

i

0

i

i

l

i

i

'

I

'

'

•

i

16

i

i

I

i

< i

I

i

• •

I

•

_L_L

0
16

12

12

CANADA

GERMANY

'

i

I

I

» » I

I

I

I

0
16

UNITED KINGDOM
12

SWITZERLAND

NETHERLANDS

0

'

1

1




I

1

1

1

1990

I

'

1

I

'
1992

•

'

I

•

•
1990

•

I

•

'

•

I

•

•
1992

CHARTS

3-MONTH INTEREST RATES
WEEKLY SERIES
:ENT PER ANNUM

PERCENT PER AN

12

12
U.S. CD'S

10

10

8

8
SWISS INTERBANK RATE

6

WEIGHTED AVERAGE
FOREIGN RATE

6

4
2
16

4

i

i

i

I

i

i

i

I

' '

i

I

'

i

'

i

i

'

I

i

i

i

I

•

i

i

I

i

i

'

2
16

CANADIAN FINANCE CO.
PAPER

14

14

12

12

10

10
U.K. INTERBANK STERLING

8
6
12

8

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

10

10

8

8
GERMAN INTERBANK RATE

FRENCH INTERBANK RATE

6
4
12

6
12

6

I

I

l

I

l

l

l

I

l

I

I

I

I

I

l

•

i

i

I

i

i

i

I

i

i

'

I

i

» '

10

4
12
10

JAPANESE CD RATE

8

8
NETHERLANDS INTERBANK RATE

6
4

6

i

i




I

i

i
1990

i

I

i

'

i

I

i

'
1992

i

i

i

i

I

i

i
1990

'

I

'

i

i

I

'

i
1992

4

CHART 6

EURO-DOLLAR DEPOSIT RATES LONDON
AVERAGES FOR WEEK ENDING WEDNESDAY
CENT PER ANNUM

OVERNIGHT

10

3-MONTH

8

6

4

•

2
12

1

•

I

1

1

1

I

1

1

1

I

I

I

I

» I

•

I

I

7-DAY

10

•

'

I

I

'

I

6-MONTH

8

6

4

2
12

I

I

I

I

I

I

I

I

I

I

I

I

I

|

i

I

i

1-MONTH

10

i

i

l

'

i

'

I

I

i

i

'

!

1-YEAR

8

6

4

2

•

•

•




I

•

• '
1990

'

•

•

•

'

•

•
1992

I

I

I

i

i
1990

i

CHART 7

SELECTED EURO-DOLLAR AND U.S. MONEY MARKET RATES
DIFFERENTIAL: PLUS(+), FAVORS BORROWING IN U.S.
AVERAGES FOR WEEK ENDING WEDNESDAY
PERCENT PER ANNUM

PERCENT PER ANNUM

14

14

12

12

OVERNIGHT
EURO-DOLLAR DEPOSITS

3-MONTH
EURO-DOLLAR DEPOSITS

10

FEDERAL FUNDS

90-DAY CD'S

DASHED LINE

DASHED LINE

4 —

J

1

1

I

1

1

I

I

I

I

I

I

I

I

J—I

I

I

i

i

I

J—I

I

DIFFERENTIAL
DIFFERENTIAL

M a / A AA.IA

A L.Kf

f Y

i

i

i




l

i

i
1990

i

i— i — i

i

—

1

i

i
i
1992

J — I — i — i — i
1990

I

i

i

i

l

i

i
1992

L

CHART 8

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

PERCENT PER ANNl

16

16

12

12
INTERBANK STERLING

CANADIAN FINANCE
CO. PAPER, COVERED

COVERED LONDON

8

8

4

0

EURO-DOLLAR DEPOSITS

U.S. COMMERCIAL PAPER

DASHED LINE

1

1

1

I

1

»

4

DASHED LINE

1

1

I

1

i

I

i

'

i

I

I

I

I

'

I

'

I

'

I

I

1 I

I

I

2

2
DIFFERENTIAL

DIFFERENTIAL

+

+

0

2
16

0

i

'

i

I

i

'

'

I

i

'

i

I

i

i

i

I

I

I

I

'

'

'

I

'

I

I

I

•

I

12

2
16

SWISS INTERBANK (SF) COVERED

COVERED FRANKFURT

8

8

4

EURO DOLLAR DEPOSITS

EURO-DOLLAR DEPOSITS

DASHED LINE

'

•

'

I

•

'

4

DASHED LINE

'

I

•

'

•

I

I

I

I

I

I

I

I

I

I

I

I

I

I

I

I

I

2

0
2

DIFFERENTIAL

DIFFERENTIAL

+

+

0

2

I

12
INTERBANK DM

0

0

0

•

I

I




I

I

I I
1990

I

»

1

1

I
1992

I

I

I

I

I

I I
1990

I

I

1992

2

CHART 9

LONG-TERM GOVERNMENT BOND YIELDS
WEEKLY SERIES
PERCENT PER ANNUM
14

UNITED STATES

PERCENT PER ANNUM
14

CANADA

12

12

10

10

I

6
14

I

I

I

I

I

I

I

I

I

UNITED KINGDOM

i

I—L_i

i_J

i

i

i

I

i

i

i

FRANCE

12

6
14

12

10

10

I

6
10

I

I

I

'

'

I

I

'

'

'

I

I

I

I

-1 '

SWITZERLAND

i

i

i

i

'

I

'

'

'

I

'

'

I

I

I

I

6
10

JAPAN

i

• •

i

i

i

i

12
NETHERLANDS

i

i

I

i

i

i

l

i

i

» i

i

i

i

GERMANY

2
12

10
10

'

i

'




I

'

'
1990

'

l

•

•

•

i

• J_L
1992

I

I

I

I

I

I
1990

I

I

I

I

I

I

I

I
1992

I

CHART 10

STOCK INDICES
WEEKLY SERIES
>SCALE

RATIOS

100

198

200
175

— UNITED STATES

.NETHERLANDS

150
125

100
75

50
400

I

350

— JAPAN

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

I

I

I

'

I

I

i

i

i

l

i

i

i

l

i

i

' '
1990

I

i

'

i

I

i

i
1992

— GERMANY

300
250

200
150

I

100

I

I

I

I

I

I

I

I

I

I

I

I

I

I

I

200
175

— SWITZERLAND

— FRANCE

150
125

100
75

50

I

I

I

I

I

I

I

I

I

I

'

I

I

_L_L

i

i

i

200
175

.CANADA

— UNITED KINGDOM

150
125

100
75

50

i

i

i

I




i

i
1990

i

I

i

i

i

l

i

i
1992

'

'

i

i

I

i

i

SERIES
4-Dec-91
C h a r t 1.

S p o t Exchange R a t e s a n d I n d i c e s

Noon b u y i n g r a t e s

(U.S.

cents,

weekly averages)

Belgian franc
Canadian d o l l a r
French f r a n c
German mark
Italian lira
Japanese yen
Netherlands g u i l d e r
Swiss f r a n c
U . K . pound
Indices,

Weighted a v e r a g e exchange v a l u e i n d i c e s ,
Belgian franc
Canadian d o l l a r
French f r a n c
German mark
Italian lira
Japanese y e n
Netherlands g u i l d e r
Swedish k r o n a
Swiss f r a n c
U . K . pound
U.S. d o l l a r

U.S.

3 - M o n t h F o r w a r d Exchange R a t e s ,

3.0769
87.405
18.546
63.348
0.08392
0.77693
56.207
71.633
181.88

3.1649
86.332
19.086
65.226
0.08602
0.78433
57.858
73.452
185.99

118 .36
87 .85
81 .58
174 .05
47 .07
201,.75
157 ..56
225. 07
71 . 65

121 .18
87 . 6 3
83 .55
178 .24
48 .09
203 .53
161 ..39
230,.60
7 3 . 00

121 .25
87 .12
83 .57
178 .20
48..17
203. .43
161. 36
2 3 0 . 45
7 3 . 57

124 . 7 1
86 .05
86 ,. 0 1
183 .49
49,.38
205. .36
166 ..10
236 . 30
7 5 . 23

126
86
86
185
49
208
167
237
75

108 . 4 1
76 . 04
71 . 9 1
173 .67
39 .74
194 .45
147 .30
67 .58
209 .44
62 .67
86 .26

109 .74
73 .70
72 .89
176 .30
40 .09
192 . 9 1
149 .26
68 . 3 1
211 .27
63 .07
84 .47

110 .15
73 .06
73 .17
176 .96
40 .25
194 .26
149 .77
68 . 5 1
210 .96
63 .04
83 .65

- 2 .58
- 5 .37
- 4 .90
-7 .61
- 1 .43
- 5 .05
- 3 .46
- 5 . .82

- 2 .71
- 5 .35
- 5 . 00
- 7 .55
- 1 ,.50
- 5 .22
- 3 . .60
- 5 . .97

- 2 .93
- 5 .77
- 5 .37
- 8 . 18
- 1 ..52
- 5 . .43
- 4 ,.03
- 6 . 39

- 2 .92
- 6 .00
- 5 .40
- 8 ,.22
- 1 ..43
- 5 . .46
- 3 . .99
- 6 . 45

365.77

367 . 55

3 5 8 . 70

3 5 8 . 95

3 5 3 . 28

4.79
4.84
7.28
9.74
9.14
6.24
9.28
6.48
10.39

4 . 54
4 . 54
7 . 38
1 0 . 01
9 . 05
6 . 34
9 . 37
6 . 38
1 0 . 59

4 . 49
4 . 39
7 . 23
9 . 59
8 . 96
6 . 33
9 . 38
6 . 78
1 0 . 94

4 . 22
4 . 31
6 . 99
1 0 . 14
9 . 33
6 . 29
9 . 64
6 . 88
11 . 25

4 . 19
4 . 33
7 . 20
10. 50
9 . 53
5 . 98
9 . 95
6 . 88
10. 46

Mar.

3.2003
86.285
19.297
65.925
0.08699
0.79525
58.483
73.905
187.33

Gold P r i c e i n

London, A f t e r n o o n

.11
.00
.96
.45
.94
.22
.89
,.76
.77

1973=100
108 .40
76 .56
71 . 9 3
173 .80
39 .70
194 .67
147 . 4 1
67 .35
209 .68
62 .17
86 . 3 2

Vemium or D i s c o u n t
-2.51
-4.93
-4.63
-7.36
- 1 .14
-4.69
-3.26
-5.59

d o l l a r s p e r f i n e ounce

Chart 4.

3.0753
87.920
18.541
63.359
0.08378
0.77734
56.219
71 . 6 7 9
180.48

107.38
77.98
71.19
171.91
39.41
195.93
145.94
66.70
207.61
61.89
87.93

Canadian d o l l a r
French f r a n c
German mark
Italian lira
Japanese y e n
Netherlands g u i l d e r
Swiss f r a n c
U . K . pound
Chart 3.

3.0037
88.143
18.104
61.872
0.08201
0.77052
54.885
69.961
177.14

M a r c h 1973 base r a t e s = 100

Belgian franc
Canadian d o l l a r
French f r a n c
German mark
Italian lira
Japanese y e n
Netherlands g u i l d e r
Swiss f r a n c
U . K . pound

Chart 2

l l - D e c - 9 1 18-Dec-91 25-Dec-91 l - J a n - 9 2

ixing

C a l l Money R a t e s

U.S. f e d e r a l f u n d s
Overnight Euro-dollar
Canada
France
Germany
Japan
Netherlands
Switzerland
U n i t e d Kingdom




deposits

SERIES
Chart 5.

4-Dec-91

3-Month I n t e r e s t

Rates

U.S. 90-day CD's, s e c o n d a r y market
Canadian f i n a n c e paper
French i n t e r b a n k r a t e
German i n t e r b a n k r a t e
J a p a n e s e CD r a t e
Netherlands interbank r a t e
Swiss i n t e r b a n k r a t e
U.K. i n t e r b a n k s t e r l i n g
Weighted average f o r e i g n i n t e r e s t r a t e
(G-10 C o u n t r i e s )
Chart 6.

4.84
7.60
9.75
9.38
6.16
9.41
7.90
10.59
9.12

4 .57
7 .47
9 .93
9 .44
6 .11
9 .52
7 .93
10 . 6 3
9 .22

4 .45
7 .46
9 .79
9 .44
6 .06
9 .57
7 .95
10 . 6 3
9 .17

4 .25
7 .50
10 .09
9 .60
6 .01
9 .70
8 .16
10 . 9 2
9 .28

4.84
4,76
5.14
4.86
4.78
4.88

4 .54
4 .59
4 .90
4 .56
4 .49
4 .60

4 .39
4 .43
4 .78
4 .44
4 .40
4 .50

4 .31
5 .09
4 .70
4 .39
4 .33
4 .41

4
6
4
4
4
4

4 .32
7 .50
10 .25
9 .57
5 .76
9 .70
8 .00
10 .92
9 .24

E u r o - D o l l a r Deposit Rates

Overnight
7-day
1-month
3-month
6-month
1-year
Chart 7.

l l - D e c - 9 1 18-Dec-91 25-Dec-91 l - J a n - 9 2

.33
.05
.67
.25
.22
.28

S e l e c t e d E u r o - d o l l a r & U . S . Money M a r k e t R a t e s

Overnight Euro-dollar deposits
U.S. f e d e r a l f u n d s
Differential

4.84
4.79
0.05

4 .54
4 .54
- 0 .00

4 .39
4 .49
- 0 .10

4 .31
4 .22
0 .09

4, 33
4.,19
0.,14

3-month E u r o - d o l l a r d e p o s i t
U.S. 90-day CD's, s e c o n d a r y market
Differential

4.86
4.84
0.03

4 .56
4 .57
-0 .01

4 .44
4 .45
-0 .01

4 .39
4 .25
0 .14

4,,25
4,.32
- 0 .07

4.86
4.85
0.01

4 .56
4 .65
- 0 .09

4 .44
4 .50
- 0 .06

4 .39
4 .36
0 .04

4,,25
4.,30
- 0 . 05

4.91
5.05
-0.14

4 .70
4 .84
- 0 .14

4 .58
4 .70
- 0 .12

4 .46
4 .52
- 0 .05

4..48
4.,53
- 0 . .05

4.86
4.64
0.22

4 .56
4 .43
0 .14

4 .44
4 .32
0 .12

4 .39
4 .10
0 .29

4..25
4,.04
0..21

4.86
4.57
0.29

4 .56
4 .40
0 .16

4 .44
4 .28
0 .16

4 .39
4 .04
0 .35

4..25
3.,93
0..32

8 .51
8 .91
8 .26
5 .75
6 .62
8 .77
9 .69
7 .22

8 .48
8 .75
8 .20
5 .73
6 .47
8 .69
9 .56
7 .20

8 .34
8 .76
8 .14
5 .70
6 .43
8 .66
9 .66
6 .96

8,,24
8 ..69
8 . 08
5. 56
6 . 38
8 . 64
9 . 73
6 . 79

.70
.96
.03
.03
.87
.26
.38
.30

111,.06
128,.30
95,,61
128,.85
103,.77
126,,16
142,.27
155,.44

Chart 8.

Interest

Arbitrage,

Euro-dollar deposit
Interbank s t e r l i n g (London),
Differential
U.S. commercial paper
Canadian f i n a n c e p a p e r ,
Differential

3 - M o n t h Funds
covered

covered

E u r o - d o l l a r -depaci *
I n t e r b a n k DM ( F r a n k f u r t ) ,
Differential

covered

Euro-dollar deposit
Swiss i n t e r b a n k , c o v e r e d
Differential
Chart 9.

Long Term Government B e l l w e t h e r Bond Y i e l d s
1 0 - y e a r m a t u r i t y , where a v a i l a b l e
8.53
8.96
8.31
5.89
6.65
8.82
9.89
7.29

Canada
France
Germany
Japan
Switzerland
Netherlands
U n i t e d Kingdom
United States
C h a r t 10.

Stock I n d i c e s

Canada
France
Germany
Japan
Netherlands
Switzerland
U n i t e d Kingdom
United States

(Wednesday f i g u r e s )
114 .22
130 .26
96 . 0 1
130 .70
103 .98
126,.56
142 .72
154,,47

111
123
94
126
101
124
140
153

112
125
93
126
102
124
140
161

.90
.99
.81
.68
.74
.86
.66
.47

117
131
95
129
103
129
146
168

.05
.29
.84
.66
.77
.04
.76
.67

I n d i c e s ( i n o r d e r , r e b a s e d t o 1986=100) a r e T o r o n t o C o m p o s i t e , CAC G e n e r a l , FAZ A k t i e n ,
Tokyo SE ( T o p i x ) , CBS A l l - G e n e r a l , S w i s s Bank I n d e x , F i n a n c i a l T i m e s O r d i n a r y , NYSE C o m p o s i t e



FEDERAL RESERVE statistical release
H.10(512)

FOREIGN EXCHANGE RATES
FOR THE KEEK ENDING

JANUARY 3, 1992

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:
MONETARY
UNIT

Dec. 30

•AUSTRALIA
AUSTRIA
BELGIUM
CANADA
CHINA,P.R.
DENMARK
•EURO COMMUNITY
FINLAND
FRANCE
GERMANY
GREECE
HONG KONG
INDIA
•IRELAND
ITALY
JAPAN
MALAYSIA
NETHERLANDS
•NEW ZEALAND
NORWAY
PORTUGAL
SINGAPORE
SOUTH AFRICA
SOUTH KOREA
SPAIN
SRI LANKA
SWEDEN
SWITZERLAND
TAIWAN
THAILAND
•UNITED KINGDOM

DOLLAR
SCHILLING
FRANC
DOLLAR
YUAN
KRONE
ECU
MARKKA
FRANC
D. MARK
DRACHMA
DOLLAR
RUPEE
POUND
LIRA
YEN
RINGGIT
GUILDER
DOLLAR
KRONE
ESCUDO
DOLLAR
RAND
WON
PESETA
RUPEE
KRONA
FRANC
DOLLAR
BAHT
POUND

0.7597
10.690
31.320
1.1584
5.4478
5.9150
1.3350
4.1400
5.1905
1.5198
175.60
7.7805
25.790
1.7488
1151.25
125.75
2.7330
1.7134
0.5405
5.9840
135.00
1.6310
2.7470
764.70
96.80
N. A.
5.5540
1.3555
25.751
N. A.
1.8665

0.7593
10.704
31.290
1.1558
5.4478
5.9220
1.3335
4.1420
5.1950
1.5200
175.85
7.7800
25.760
1.7470
1151.25
124.90
2.7220
1.7126
0.5403
5.9850
134.65
1.6210
2.7490
765.30
95.98
N. A.
5.5550
1.3615
25.748
N. A.
1.8660

MEMO:
^UNITED STATES

DOLLAR

83.78

83.71

COUNTRY

(CURRENCY UNITS PER DOLLAR)
Dec. 31
Jan. 1
Jan. 2

H
0

L
I
D
A
Y

Jan. 3

0.7565
10.756
31.450
1.1515
5.4478
5.9480
1.3322
4.1540
5.2215
1.5283
176.65
7.7765
25.790
1.7390
1156.00
124.50
2.7230
1.7222
0.5375
6.0240
134.55
1.6260
2.7580
765.30
97.13
N. A.
5.5780
1.3650
N. A.
25.250
1.8680

0.7572
10.885
31.850
1.1473
5.4559
6.0195
1.3155
4.1990
5.2800
1.5470
178.55
7.7540
25.810
1.7150
1168.00
124.80
2.7200
1.7428
0.5379
6.0860
135.05
1.6300
2.7600
765.30
98.08
42.638
5.6390
1.3762
N. A.
25.250
1.8450

83.90

84.66

•VALUE IS U.S. DOLLARS
**INDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U.S. DOLLAR AGAINST CURRENCIES OF OTHER G-10
COUNTRIES. MARCH 1973 = 100. HEIGHTS ARE 1972-76 GLOBAL TRADE OF EACH OF THE 10 COUNTRIES.
SERIES REVISED AS OF AUGUST 1978. FOR DESCRIPTION AND BACK DATA, SEE "INDEX OF THE
WEIGHTED-AVERAGE EXCHANGE VALUE OF THE U.S. DOLLAR: REVISION" ON PAGE 700 OF THE AUGUST
1978 FEDERAL RESERVE BULLETIN.
THIS RELEASE IS AVAILABLE ONLINE THROUGH THE FACILITIES OF THE DEPARTMENT OF COMMERCE'S
ECONOMIC BULLETIN BOARD. FOR INFORMATION, CALL (202) 377-1986.
FOR INFORMATION ABOUT YOUR SUBSCRIPTION TO THIS RELEASE OR ABOUT RECEIVING IT IN DOCUMENT
FORM, PLEASE CALL PUBLICATIONS SERVICES AT THE FEDERAL RESERVE BOARD AT (202) 452-3244.