The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
<5 LIBRARY (516/517) MAR 1 0 1904 DATA F I L E LIBRARY FEDERAL RESERVE BANK OE CHICAGO iAN%cmcAGO Selected Interest & Exchange Rates Weekly Series of Charts March 5,1984 Prepared by the FINANCIAL MARKETS SECTION DIVISION OF INTERNATIONAL FINANCE 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 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 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 SCALE MARCH 1 9 7 3 = 1 0 0 RATIO SCALE MARCH 1 9 7 3 = 1 0 0 160 FOREIGN CURRENCY PRICE OF U.S. DOLLAR 100 JAPANESE YEN - 80 120 240 - CANADIAN DOLLAR 100 SWISS FRANC - : /ft V 200 80 160 60 11111111111 I ! I I I I I i120 I I I 180 — — ' 180 160 — — 160 GERMAN MARK 140 120 V A , V / 100 I I I I I I V 140 DUTCH GUILDER < 120 J 100 111111111111 7 120 100 FRENCH FRANC iU.K. POUND 80 60 50 " M I I I : I 80 BELGIAN FRANC - —I 1982 70 ITALIAN LIRA 1984 I I I I 1982 I — 60 - 50 - 11111111111 i 11111111111 1984 40 30 CHART 2 3 - M O N T H FORWARD EXCHANGE RATES PREMIUM (•) OR (-) AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM PERCENT PER ANNUM ITALIAN LIRA CANADIAN DOLLAR 24 6 DUTCH GUILDER U. K. POUND + 0 6 9 15 12 SWISS FRANC GERMAN MARK 6 + 0 I I II I I I 8 16 FRENCH FRANC JAPANESE YEN 32 1982 1984 1982 1984 CHART 3 PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY U.S. DOLLARS PER FINE OUNCE U.S. DOLLARS PER FINE OUNCE 600 600 550 550 12.5 Kg BARS AFTERNOON FIXING PRICE 500 - 500 - 450 400 450 400 - — 350 — 350 300 300 - I I I I I I 250 1981 1982 1983 1984 250 CHART 4 CALL MONEY RATES WEEKLY SERIES :NT PER ANNUM PERCENT PER M 28 24 X 20 A FRANCE U. S. FEDERAL FUNDS T/V 16 z - r 12 JAPAN 8 i 4 I I I I I n,Hi,iln 11111111111 24 CANADA 20 EURO-SWISS FRANC 16 12 8 NETHERLANDS 4 + 0 JLL Mil 24 20 16 U. K. 2-DAY LOCAL AUTHORITY GERMANY 12 EURO-DM 8 4 I I IlllllI I I 1982 1984 1982 1984 CHART 5 3-MONTH INTEREST RATES WEEKLY SERIES PERCf PERCENT PER ANN T PER ANNUM 24 22 20 18 CANADIAN FINANCE CO. PAPER U.S. CD S 16 14 12 10 WEIGHTED AVERAGE FOREIGN RATE 8 Illllllll 6 16 20 U.K. INTERBANK STERLING 16 12 GERMAN INTERBANK RATE 8 12 4 I I I III II I I I 8 12 11 SWISS INTERBANK RATE 9 - IV 8 JAPANESE BANK LOANS AND DISCOUNTS 4 7 I 5 1982 1984 I I I I 1982 I lllllllllll lllllllllll 1984 0 CHART 6 E U R O - D O L L A R DEPOSIT RATES LONDON AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANI MT PER ANNUM 24 - — 20 - 3-MONTH OVERNIGHT 16 12 8 I 4 I I I I I IIIIIIIIII I 24 20 6-MONTH 7-DAY 16 12 8 4 24 — 20 1-YEAR 1-MONTH - 16 12 8 — I 4 1982 1984 I I I I 1982 I illllllllll 1984 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 26 26 22 - FEDERAL FUNDS 18 3-MONTH - 22 - 18 - 14 - 10 E U R O - D O L L A R DEPOSITS 14 OVERNIGHT 90-DAY CD* S E U R O - D O L L A R DEPOSITS 10 1/* i 111 I I 1 1 1 1 1 1 n \ I I I I I I I I I I I I I I I 1DIFFERENTIAL | - MLAI lln 1 1 1 ! L.A 1 1 fVwwA 1 111II111111 1982 1 PERCENT ON DIFFERENTIAL S C A L E = 2 PERCENT ON RATE SCALE YX AaaA >| ( DIFFERENTIAL A + 0 uyx 11111111111 1984 i i 1 1 11 1 1 1 1 1 1 1 i 1982 1 11II 111111 1984 CHART 8 INTEREST ARBITRAGE: 3-MONTH FUNDS DIFFERENTIAL: PLUS(+), INDICATES FAVOR DOLLAR ASSETS AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM PERCENT PER ANNUM 28 — — ] 28 EURO-DOLLAR DEPOSITS 20 DASHED LINE 20 CANADIAN FINANCE CO. PAPER, COVERED 12 INTERBANK STERLING COVERED LONDON - U. S. COMMERCIAL PAPER 4 4 DIFFERENTIAL DIFFERENTIAL 2 + 0 2 28 28 20 SWISS INTERBANK (SF) COVERED INTERBANK DM 20 COVERED FRANKFURT EURO-DOLLAR DEPOSITS EURO-DOLLAR DEPOSITS DASHED LINE —DASHED LINE 2 DIFFERENTIAL 2 DIFFERENTIAL + 0 2 1982 1984 1 P E R C E N T ON D I F F E R E N T I A L S C A L E = 2 PERCENT ON RATE S C A L E 1982 1984 CHART 9 LONG-TERM GOVERNMENT BOND YIELDS WEEKLY SERIES PERCENT PER AWSLUM R PER ANNUM 19 CANADA UNITED STATES 15 11 7 9 UNITED KINGDOM SWITZERLAND 5 1 13 MONTHLY GERMANY JAPAN 9 I I I I l I liilniiiiiiliiliiliilii 5 22 U. S. CORPORATE MONTHLY FRANCE 18 Aaa BONDS 14 EURO-DOLLAR BONDS A 10 NETHERLANDS MONTHLY 6 1982 1984 1982 1984 CHART 10 INDUSTRIAL STOCK INDICES WEEKLY SERIES RATIO SCALE 1969=100 RATIO SCALE 1969=100 240 — - UNITED STATES JAPAN 200 z 160 120 I 210 210 1 A - — .yv' a f\ - I 70 I I I I I II I II - - - - r y 1 / I ill I IiiI NIi lIii 1 — 170 — 130 - 90 J FRANCE UNITED KINGDOM 90 I — 170 130 I 1 1 70 iiiiiiniii 190 - GERMANY - J* SWITZERLAND — 150 - 110 - - I I I I I I n i l i hill i 11111111111 i i 70 i 360 180 I NETHERLANDS CANADA J 140 280 - - \ 201 100 160 80 60 I I I I I 1982 I 11111111111 1984 I I I I I 1982 I iilnliilii 11111111111 1984 120 L A S T VALUE PLOTTED DATE VALUE S E B I E S NAME CHART 1. SPOT EXCHANGE BATES AND I N D I C E S MEEKLY A V E R A G E S , NOON BUYING B A T E S (U.S. C E N T S ) G E R M A N HARK 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 FRANC BELGIAN FRANC I T A L I A N LIRA S W E D I S H KRONA I N D I C E S , M A R C H 1973 BASE BATES = 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 , MAR (G-10 C O U N T R I E S PLUS S W I T Z E R L A N D ) 1973 = U.S. DOL1AB G E R M A N HABK J A P A N E S E YEN DUTCH GUILDER U.K. POUND C A N A D I A N DCLLAB FRENCH F R A N C SWISS F R A N C BELGIAN FRANC ITALIAN LIRA S W E D I S H KRONA CHART 2. 3 - M O N T H F O R W A R D E X C H A N G E B A T E S , P R E M I U M OR 29 29 29 29 29 29 29 29 29 29 38. 10 0.42843 33.74 147.70 79.91 12.37 45. 96 1. 86118 0.06134 12.77 FEB. FEB. FEB. FEB. FEB. FEB. FEB. FEB. FEB. 29 29 29 29 29 29 29 29 29 107. 17 112. 18 96. 85 59. 74 7 9 . 64 5 5 . 74 147. 86 73. 34 34. 85 29 29 29 29 29 29 29 29 29 29 29 129.21 138.27 142.54 119.90 70.74 97.24 65.26 184.01 82.22 39.94 68.31 29 29 29 29 29 29 29 29 G. 17 1. 02 4. 33 -7. 12 6.,57 4. 12 3.,58 - 7 .,52 100 G E R M A N 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 DCLLAB FRENCH FBANC SWISS F R A N C BELGIAN FRANC I T A L I A N LIRA C A N A D I A N DOLLAR U . K . POUND G E R M A N MARK F R E N C H FRANC SWISS FRANC D U T C H GUILDER J A P A N E S E YEN ITALIAN LIRA FEB. FEB. FEB. FEE. FEB. FEB. FEB. FEB. FEB. FEB. 100 FEB. FEB. FEB. FEB. FEB. FEB. FEB. FEB. FEB. FEB. FEB. DISCOUNT FEB. FEB. FEB. FEB. FEB. FEB. FEB. FEB. SERIES C H A R T 3, G O L D U.S. CHART LAST VALUE PLOTTED DATE VALUE NAME P R I C E IN L O N D O N , A F T E R N O O N DOLLARS FEB- 29 396.20 FEB. FEB. FEB. FEB. FEB. MARCH FEB. FEB. JAN. MARCH 29 29 24 10 24 2 24 24 1 2 9. 62 9. 54 9. 13 9.,70 5.,50 5. 42 6.,06 12. 00 10.,30 9. 32 FEB. FEB. FEB. FEB. FEB. FEB. FEB. 29 29 29 29 29 29 29 9. 70 5. 84 6 . 25 9. 87 9. 28 3. 63 8. 44 FEB. FEB. FEB. FEB. FEB. FEB. 29 29 29 29 29 29 9.54 9.69 9. 83 10.10 10.35 10.74 OVERNIGHT EURO-DOLLAR DEPOSITS U.S. FEDERAL 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 F E B . 29 F E B . 29 F E B . 29 9. 54 9. 62 - 0 . 08 3-MONTH EURO-DOLLAR DEPOSIT RATE U.S. 90-DAY CD'S, SECONDARY MARKET DIFFERENTIAL F E B . 29 F E B . 29 F E B . 29 10. 10 9. 70 0. 40 4. C A L L HONEY PER FIXING FINE O U N C E RATES U.S. FEDERAL FUNDS OVERNIGHT EURO-DOLLAR DEPOSITS U. K . CANADA GERMANY EURG-DM JAPAN FRANCE NETHERLANDS EURO-SWISS FRANC C H A R T 5. 3 - M O N T H I N T E R E S T R A T E S U.S. 90-DAY CD'S, SECONDARY MARKET G E R M A N INTERBANK LOAN J A P A N E S E BANK L O A N S 8 D I S C O U N T S C A N A D I A N FINANCE PAPER INTERBANK STERLING SWISS INTERBANK LOAN WEIGHTED AVERAGE FOREIGN INTEREST RATE (G-10 C O U N T R I E S P L U S S W I T Z E R L A N D ) C H A R T 6. E U R O - D O L L A R D E P O S I T R A T E S : L O N D O N OVERNIGHT 7-DAY 1-MONTH 3-MONTH 6-MONTH 1-YEAR CHART 7. S E L E C T E D EURO-DOLLAR AHD U . S . H O N E Y M A R K E T R A T E S S E B 1 E S NAME LAST VALUE PLOTTED DATE VALUE CHART 8. I N T E R E S T A R B I T R A G E , 3-MONTH FUNDS EURO-DOLLAR DEPOSIT INTERBANK STERLING (LONDON), C O V E R E D DIFFERENTIAL F E B . 29 F E B . 29 F E B . 29 10., 10 10. 33 - 0 .,22 U.S. C O M M E R C I A L PAPER C A N A D I A N F I N A N C E PAPER, C O V E R E D DIFFERENTIAL F E B . 29 F E B . 29 F E B . 29 9. 42 10.,04 - 0 .,62 E U R O - D O L L A R DEPOSIT I N T E R B A N K DM (FRANKFORT), C O V E R E D DIFFERENTIAL F E B . 29 F E B . 29 F E B . 29 10., 10 10. 23 - 0 . 13 E U R O - D O L L A R DEPOSIT SWISS I N T E R B A N K , C O V E R E D DIFFERENTIAL F E B . 29 F E B . 29 F E B . 29 10. 10 10. 25 - 0 . 15 FEB. FEB. JAN. FEB. FEB. OCT. NOV. FEB. 11.97 8.01 6.94 4.54 11.90 14. 17 8.57 9.85 CHART 9. LONG TERM G O V E R M E N T BOND YIELDS U N I T E D STATES GERMANY J A P A N (MONTHLY) SWITZERLAND CANADA FRANCE N E T H E R L A N D S (MONTHLY) UNITED KINGDOM 24 17 17 10 28 24 - CORPORATE AAA BONDS EURO-DOLLAR BONDS CHART 10. JAN. NOV. 12.20 10.29 STOCK INDICES U N I T E D STATES UNITED KINGDOM CANADA GERMANY SWITZERLAND NETHERLANDS FRANCE JAPAN FEB. FEB. FEB. FEB. FEB. FEB. FEB. FEB. 22 22 22 22 22 22 22 22 160. 86 179. 49 234. 35 149. 65 124. 06 156. 38 162. 11 20 4. 14 FEDERAL RESERVE statistical release 10(512) MARCH FOREIGN EXCHANGE RATES FOB THE SEEK ENDING MARCH 5 , 1984 2, 1981 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: CCUNTFY ARGENTINA •ADSTBA1IA AUSTRIA BELGIUM BBAZIL CANADA CBILE MONETARY OUT PESO DOLLAB SCHILLING FBANC CBUZEIBO DOLLAB PESO TOAN CHINA, P.R. PESO COLOMBIA KBONE DENMARK MARKKA FINLAND FBANC FBANCE D. BARK GERMANY DRACHMA GBEECE DOLLAB HCKG KONG RUPEE INDIA BOPIAH INDONESIA POUND •IRELAND SHEKEL ISBAE1 LIBA HALT TEN JAPAN DOLLAB MALAYSIA PESO MEXICO GUI1DEB NETHERLANDS DOLLAB NEW ZEALAND KRONE NCBNAY SOL PIBO PESO PHILIPPINES PCBTOGAL ESCUDO SINGAPORE DOLLAR •SOUTH AFRICA BAND HON SOUTH ROBEA PESETA SPAIN RUPEE SBI LANKA KRONA SWEDEN FRANC SWITZERLAND DOLLAR TAIWAN BAHT THAILAND •UNITED KINGDOM POUND BOLIVAR VENEZUELA eso: UNITED STATES DOLLAR FEB. 27 NA 94.28 18.607 54.010 1182*00 1.2535 NA 2.0519 NA 9.6775 5.6860 8.1120 2*6362 101.450 7.7790 10.7400 NA 116.60 134.680 1639.00 233.30 2.3340 170.7500 2.9745 66.280 7.5825 NA 14.0500 132.500 2.1260 82.45 796.10 151.240 25.240 7.8600 2.1780 40.250 23.000 147.30 13.2000 129.60 ICUBBENCl OMITS PER DCI1AB FEB. 29 FEB* 28 NA 94.41 18.345 53.300 1182.00 1.2521 NA 2.0519 NA 9.6375 5.6230 8.0175 2.6044 100.850 7.7780 10.7000 NA 118.10 134.680 1619.00 233.52 2.3320 170.7500 2.9400 66.630 7.5200 NA 14.0500 131.500 NA 94.35 18.313 53.080 1213.00 1.2519 BAB. NA 94.42 18.395 53.430 1213.00 1.2416 NA NA 2.0519 2.0519 NA NA 9.5350 5.6160 7.9950 2.5983 100.900 7.7870 10.6900 NA 118.35 137.880 1616.00 233.43 2.3315 170.9500 2.9360 66.620 7.5025 NA 9.5675 5.6450 8.0390 2.6110 100.950 7.7800 10.6800 NA 117.80 138.550 1623.00 233.43 2.3330 171.2500 2.9450 66.500 7.5225 NA 83.30 797.10 149.400 25.240 7.7975 2.1665 40.260 23.000 149.15 12.7000 83.50 795.30 149.450 ' 25.200 7.7700 23.000 149.05 13.1000 14.0500 131.500 2.1220 83.03 795.30 149.750 25.210 7.7990 2.1760 40.200 23.000 147.80 13.1000 128.44 128.25 128.68 2.1220 14.0500 131.500 2.1210 2.1680 40.220 TAB. NA 94.39 18.235 52.940 1213.00 1.2511 NA 2.0519 NA 9.4750 5.6090 7.9700 2.5855 100.900 7.7810 10.6700 NA 118.70 139.860 1610.00 228.20 2.3245 171.4000 2.9190 66.620 7.4800 NA 14.0500 130.650 2.1150 83-40 795.40 149.020 25.240 7.7600 2. 1545 40.190 23.000 148.10 13.1000 127.60 •INDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U.S. DOLLAR AGAINST CURRENCIES OF OTHER G-10 COUNTRIES PLUS SWITZERLAND. BIRCH 1973 = 100. WEIGHTS ARE 1972-76 GLOBAL TRADE OF F«CH OF THE 10 COUNTRIES. SERIES REVISED AS OF AUGUST 1978. FOR DESCRIPTION AND BACK DATA, SEE "INDEX OF TBE WEIGHTED-AVERAGE EXCHANGE VALUE OF THE U.S. DOLLAR: REVISION" ON PAGE 700 OF THE AUGUST 1978 FEDERAL RESERVE BULLETIN. •VALUE IS U.S. CENTS
@FedFRASER