The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
S- WD (516/517) DATA FILL LIBRARY FEDERAL RESERVE 0F CHICAG BAHS LIBRARY ° m 2 31985 FEDERAL RESERVE BANK OF CHICAGO Selected Interest & Exchange Rates Weekly Series of Charts May 20, 1985 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 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 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 ALE 973=100 RATIO : MARCH 197 180 160 FOREIGN CURRENCY PRICE OF U.S. DOLLAR 140 JAPANESE YEN 120 100 80 120 CANADIAN DOLLAR SWISS FRANC 100 - 80 70 \j ~ 60 I 50 160 I I I I I GERMAN MARK 140 DUTCH GUILDER 120 100 80 70 100 FRENCH FRANC U.K. POUND 80 70 60 50 40 120 BELGIAN FRANC 100 - - \ A ITALIAN LIRA - 80 — I 70 60 50 - I I I I I 1983 I I 1985 I 1983 I n i l 1111! 11 1985 CHART 2 3-MONTH FORWARD EXCHANGE RATES PREMIUM (+) OR ( - ) AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM PERCENT PER ANNUM 24 6 CANADIAN DOLLAR - - ITALIAN LIRA - - iy\ - I - A U. K. POUND J . I I - I I I I DUTCH GUILDER — 6 6 I I 0 I 12 12 GERMAN MARK f\ V v - / i V / V SWISS FRANC - - MIMIIIIII I I I I 11111111111 0 16 FRENCH FRANC 12 JAPANESE YEN Mill 1983 1985 1983 1985 4 CHART 3 PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY U.S. DOLLARS PER FINE OUNCE J.S. DOLLARS PER FINE OUNCE 600 500 ,60 560 - 520 480 12.5 Kg BARS AFTERNOON FIXING PRICE 440 400 360 320 - 280 240 240 1982 1983 1984 1985 CHART 4 CALL MONEY RATES WEEKLY SERIES PERCENT PER AN PER ANNUM 24 20 FRANCE 16 U. S. FEDERAL FUNDS 12 8 JAPAN 4 lI I III III I I I I I I I I I 0 24 20 16 CANADA SWITZERLAND - - . 12 fr * i 8 4 - - 0 I 4 I i, 111111111 I 20 16 12 GERMANY 8 A ZWna NETHERLANDS 4 I 0 1983 1985 I I I I 1983 I 1985 CHART 5 3-MONTH INTEREST RATES WEEKLY SERIES PERCENT PER ANNUM PERCENT PER ANNUM # 16 14 • 1 " 10 # 6 CD'S WEIGHTED AVERAGE FOREIGN RATE ' 1 1 1 I I I " CANADIAN FINANCE CO. PAPER - — n — 1 \ - - 14 1 J \ 1 12 - - I M 1111 I I I 11 l l l l l l l l l l l 16 - — r\ / \ - U.S. 8 18 — 10 V lllllllllll 1 1 8 12 — GERMAN INTERBANK RATE U.K. INTERBANK STERLING - 10 8 \ - 1 1 1 1 1 1 lllllllllll lllllllllll 4 11 — NETHERLANDS INTERBANK RATE FRENCH INTERBANK RATE - 9 - 7 - 5 1 A/^A - A , \ - I | | I I 3 l l l l l l l l l l l I 10 — -A JAPANESE GENSAKI RATE SWISS INTERBANK RATE I 1983 6 1985 M M I 1983 I - l l l l l l l l l l l 1985 CHART 6 EURO-DOLLAR DEPOSIT RATES LONDON AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER AN T PER ANNUM WM 24 24 - — 20 20 - 3-MONTH OVERNIGHT 16 16 12 12 8 8 I 4 I ill ii h i l l i I 4 24 24 20 20 6-MONTH 7-DAY 16 16 12 12 8 8 4 4 24 24 — 20 20 1-YEAR 1-MONTH 16 - 12 12 8 — I 4 16 1983 1985 I I I I 1983 I 8 4 1985 CHART 7 SELECTED EURO-DOLLAR AND U. S. MONEY MARKET RATES DIFFERENTIAL: PLUS(+), FAVORS BORROWING IN U. S. AVERAGES FOR WEEK ENDING WEDNESDAY PER :NT PER ANNUM PERCENT PER M *UM 20 22 18 20 16 18 14 16 FEDERAL FUNDS DASHED LINE 3-MONTH E U R O - D O L L A R DEPOSITS 12 14 10 12 8 10 OVERNIGHT E U R O - D O L L A R DEPOSITS 6 8 9 0 - D A Y CD' S i i I i i I- i i I i i I i i I n I i i I i 4 I I 11 6 3 3 DIFFERENTIAL DIFFERENT IAL 2 2 1 1 + 0 0 1 1 + I IIIIIIIIIIIIIIIIIIIIII 2 1983 I 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 P E R C E N T ON R A T E S C A L E 1985 I I 1983 I 11111111111 11111111111 1985 2 CHART 8 INTEREST ARBITRAGE: 3-MONTH FUNDS DIFFERENTIAL: PLUS(+), INDICATES FAVOR DOLLAR ASSETS AVERAGES FOR WEEK ENDING WEDNESDAY NT PER ANNUM PERCENT PER Ah 22 18 18 14 CANADIAN FINANCE CO. PAPER, COVERED EURO-DOLLAR DEPOSITS DASHED LINE 14 10 10 INTERBANK STERLING 6 COVERED LONDON 6 U. S. COMMERCIAL PAPER I II I 2 2 4 2 2 DIFFERENTIAL DIFFERENTIAL r 0 XM + 0 2 2 I I I I I I 4 22 22 18 18 14 SWISS INTERBANK (SF) COVERED INTERBANK DM 14 COVERED FRANKFURT 10 10 EURO-DOLLAR DEPOSITS 6 DASHED LINE 6 EURO-DOLLAR DEPOSITS DASHED LINE 2 III I I 2 2 2 DIFFERENTIAL DIFFERENTIAL | + 0 /U LULL 2 1983 E R C E N T ON D I F F E R E N T I A L S C A L E 1985 = 2 P E R C E N T ON R A T E S C A L E k 1 /A* a, 1 1 "/% 1 .. . 1 1983 1 . it A + Aa A* 0 2 l l l l i h l l l l 1985 CHART 9 LONG-TERM GOVERNMENT BOND YIELDS WEEKLY SERIES PERCENT PER ANNUM PERCENT PER ANNUM CANADA UNITED STATES 15 SWITZERLAND UNITED KINGDOM 11 7 13 MONTHLY GERMANY JAPAN 9 5 22 22 U . S . CORPORATE MONTHLY 18 FRANCE Aaa BONDS 14 NETHERLANDS MONTHLY 10 6 1983 1985 CHART 10 INDUSTRIAL STOCK INDICES WEEKLY SERIES RATIO 5 1969=1 RATIO S 1969 U_E 260 220 UNITED STATES UNITED KINGDOM /V 180 140 100 220 180 NETHERLANDS SWITZERLAND 140 100 80 220 180 FRANCE , 140 GERMANY 100 80 — 320 CANADA 280 240 / - - JAPAN 200 160 I t I I I I l I I II 120 1983 1985 1983 1985 LAST TILDE PLOTTED DATE VALUE SERIES NAME CHART 1. SPOT EXCHANGE BATES AMD INDICES WEEKLI AVERAGES, BOON BOIIKG RATES (0.S. CERTS) GERMAN BARK JAPANESE YEN DUTCH GUILDER O.K. POOND CANADIAN DOLLAR FRENCH FRANC S1ISS FRANC BELGIAN FRANC ITALIAN LIRA SWEDISH KRONA MAT MAI MAI MAI MAI MAI MAI MAI MAI MAI 15 15 15 15 15 15 15 15 15 15 32.41 0.39813 28.70 125.22 72.69 10.62 38.53 1.60949 0.05073 11.17 INDICES, MARCH 1973 BASE RATES = 100 GERMAN MARK XUVIlAll* O.K. POUND C H 1 D I 1 I DOLLAB FBBVCB r » K SSISS FRANC BELGIAN FRANC ITALIAN LIRA MAI 15 11 Sir , ! MAI HAT SiJ MAT MAI MAI 91 18 15 15 11 15 15 15 50.65 72 45 ^ 8 6 123.96 63.42 28.82 15 15 15 15 15 15 15 15 15 15 15 149.16 130.47 149.02 113.80 66.79 99.18 62.46 172.41 86.24 36.77 66.85 15 15 15 15 15 15 15 15 -1.46 -4.04 2.74 -1.94 3.34 1.41 2.07 -4.53 WEIGHTED AVERAGE EXCHANGE VALUE INDICES, MAE 1973 = 100 (G-10 COUNTRIES PLUS SWITZERLAND) 0. S. DOLLAR GERMAN MARK JAPANESE IEN DUTCH GUILDER U.K. POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA SWEDISH KRONA MAI MAI MAI MAI MAI MAI HAI MAI MAI MAI MAI CHART 2. > M O N T H FORWARD EXCHANGE RATES, PREMIUM OR DISCOUNT CANADIAN DOLLAR U.K. POUND GERMAN MARK FRENCH FRANC SWISS FRANC DUTCH GUILDER JAPANESE IEN ITALIAN LIRA HAI HAI MAI HAI MAI MAI HAI HAI SBBIBS BAHE LAST VA10E PLOTTED DATE fALOE CHART 3. GOLD PRICE IS LONDON, AFTERNOON FIXING O.S. DOLLABS PEE FIIE OOXCE HAT 15 319.97 CHAHT 4. CALL fiOBEI BATES O.S. FEDEBAL FUNDS 0? EBBIG BT BUBO-DOLLAB DEPOSITS HAI MAT HAT HAT HAT SAT HAT HAT HAT 15 15 15 15 15 15 15 15 15 HAT HAT HAT HAT HAT HAT HAT HAT HAT 15 15 15 15 15 15 15 15 15 HAT HAT HAT HAT HAT HAT 15 15 15 15 15 15 0. K. CANADA GERHANT JAPAN FRANCE NETHERLANDS SWITZERLAND 8. 14 7.98 12. 50 9.25 5. 55 5.95 10. 14 6. 40 1.80 CflABT 5. 3-HONTfl INTEREST BATES O.S. 90—DAI CD'S, SECONDARY HABKET GEBHAN INTERBANK LOAN JAPANESE GENSAKI BATE CANADIAN FINANCE PAPEB INTERBANK STEELING SWISS INTBBBANK LOAN FRENCH INTERBANK BATE NETBEBLANDS INTERBANK BATE WEIGHTED AVERAGE FOREIGN INTEBEST BATE (G-10 COUNTRIES PLOS SWITZERLAND) 8. 11 5.80 6.25 9. 87 12.64 5.02 10. 16 6. 86 8. 55 CHABT 6. EURO-DOLLAR DEPOSIT BATES: LONDON OVERNIGHT 7—DAT 1-HONTH 3-HO NTH 6-HO NTH 1-IEAB 7. 98 8.01 8.05 8.20 8.52 9.11 CHART 7. SELECTED BORO-DOLLAR AND O.S. HONEY HARKET BATES! OVERNIGHT EOBO-DOLLAB DEPOSITS O.S. FEDEBAL FONDS DIFFERENTIAL HAT 15 HAT 15 HAT 15 7.98 8. 14 -0.16 3-HONTH EOBO-DOLLAB DEPOSIT BATE O.S. 90—DAT CD'S# SECONDARY HABKET DIFFERENTIAL HAT 15 HAT 15 HAT 15 8.20 8.11 0. 09 SERIES NAME LAST TALUE PLOTTED DATE VALUE CHART 8. INTEBBST ARBITRAGE, 3-HONTB FONDS EURO-DOLLAR DEPOSIT IVTERBAIK STERLING (LONDON) , COVERED DIFFERENTIAL HAT 15 MAI 15 HAT 15 8. 20 8.47 — 0. 27 U.S. COHHERCIAL PAPER CANADIAN FI1AMCE PAPER, COVERED DIFFERENTIAL HAT 15 HAT 15 HAT 15 8.01 8.38 -0.37 EURO-DOLLAR DEPOSIT INTERBANK DH (FRANKFORT), COVERED DIFFERENTIAL HAT 15 HAT 15 HAT 15 8.20 8.58 -0.38 EURO-DOLLAR DEPOSIT SWISS INTERBANK, COVERED DIFFERENTIAL HAT 15 HAT 15 HAT 15 8.20 8.40 -0.20 10 26 11. 17 7.21 6. 29 4.81 11.46 11.49 7.72 10.43 CHART 9. LONG TERM GOTERNEST BOID YIELDS • • UNITED STATES GERflANT JAPAN (BONTBLI) SWITZERLAND CANADA FRANCE NETHERLANDS (MONTHLY) UNITED KINGDOM HAT APRIL JAN. HAT HAT HAT DEC. HAT 3 3 10 10 0. S. CORPORATE # AAA BONDS CHABT 10. • ! FEB. 12. 13 STOCK INDICES UNITED STATES UNITED KISGDOM CANADA GERMANY SWITZERLAND NETHERLANDS FRANCE JAPAN » MAT MAT HAT HAT HAT HAY MAT MAT 8 8 8 8 8 8 8 8 184. 87 217.32 257.78 186.90 143.56 207. 90 218.66 260. 75 FEDERAL RESERVE statistical release H 10 (512) HAT 17, 1985 FOREIGN EXCHANGE RATES FOE THE WEEK ENDING HAT 17, 1985 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 •AUSTRALIA AUSTRIA BELGIUM BRAZIL CANADA CHINA,P.fi. DENMARK FINLAND FRANCE GERMANY GREECE HONG KONG INDIA •IRELAND ISRAEL ITALY JAPAN MALAYSIA MEXICO NETHERLANDS •NE8 ZEALAND NORWAY PHILIPPINES PORTUGAL SINGAPORE •SOUTH AFRICA SOOTH KOREA SPAIN SRI LANKA SSEDBN SWITZERLAND TAIWAN THAILAND •UNITED KINGDOM VENEZUELA DOLLAR SCHILLING FRANC CRUZEIRO DOLLAR YUAN KRONE MARKKA FRANC D. MARK DRACHMA DOLLAR RUPEE POUND SHEKEL LIRA YEN RINGGI PESO GOILDEh DOLLAR KRONE PESO ESCUDO DOLLAR RAND HON PESETA RUPEE KROBA FRANC DOLLAR BAHT POUND BOLIVAR MEMO: IUNITED STATES DOLLAR MAY 13 (CURRENCY UNITS PER DOLLAR] MAY 15 MAY 14 MAY 16 69.80 21.620 61.850 5160.00 1.3746 2.8536 11.0400 6.4000 9.3775 3.0725 137.100 7.7720 12.5500 101.90 NA 1962.00 251.35 2.4800 249.0000 3.4710 45.400 8.8950 NA 176.500 2.2195 50.85 870.40 173.850 NA 8.9100 2.5840 39.970 NA 125.35 NA 69.20 21.570 61.400 5180*00 1.3745 2.8451 11.9750 6.3675 9.3050 3.0445 135.500 7.7685 12.4900 102.70 NA 1948.00 249.60 2.4715 254.0000 3.4430 45.400 8.8195 NA 175.000 2.2115 50.80 869.90 174.200 27.432 8.8500 2.5670 39.900 27.400 127.35 NA 68.63 21.673 61.950 5200.00 1.3735 2.8451 11.0750 6.4120 9.3850 3.0770 135.500 7.7665 12.3900 101.80 NA 1963.00 251.00 2.4740 255.0000 3.4780 45.350 8.8760 NA 175.000 2.2110 50.80 869.40 175.850 27.432 8.9080 2.5810 39.960 27.370 126.25 NA 67.90 21.688 62.200 5220.00 1.3721 2.8680 11.1200 6.4000 9.4200 3.0900 135.700 7.7710 12.4600 101.25 NA 1969.00 251.50 2.4765 256.0000 3.4810 44.800 8.9250 NA 177.000 2.2175 50.55 870.40 175.500 27.432 8.9550 2.5910 39.950 27.400 125.90 NA 148.73 147.53 148.66 149.08 MAY 17 68.38 21.660 61.750 5240.00 1.3717 2.8451 11.0250 6.3850 9.3600 3.0680 136.500 7.7730 12.4800 102.00 NA 1969.00 250.70 2.4735 257.0000 3.4630 45.000 8.8350 NA 176.500 2.2140 50.25 871.40 173.900 27.432 8.8800 2.5820 39.930 27.550 126.50 NA 148.38 •INDEX OF WEIGHTED A V E R A G E E X C H A N G E VALUE OF 0.S. DOLLAR AGAINST C O B H E N C I E S OF OTHER G-11 CCONTBIES. BABCH 1973 = 100. WEIGHTS ABE 1972-76 GLOBAL IBADE OF BACH OF THE 10 COUNTRIES. SERIES REVISED AS OF AUGUST 1978. FOB DESCRIPTION AND BACK DATA, SEE "INDEX OF THE B E I G H T E D — A V E B A G E E X C H A N G E V A L U E OF THE U.S. D O L L A B : R E V 1 S I C N " ON PAGE 700 OF THE AUGUST 1978 FEDERAL R E S E R V E BULLETIN. •VALUE IS U.S. C E N T S
@FedFRASER