The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
5 - l516/517) \ \.> •' •v .j : £ V - ' Selected Interest & Exchange Rates Weekly Series of Charts i November 8, 1982 DIVISION OF INTERNATIONAL FINANCE Prepared by the FINANCIAL MARKETS SECTION BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM Washington, D C. 20551 Yyc 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 8. 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 S C A L E 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 140 120 - 100 - JAPANESE YEN - r 80 i | I I | I I | I I | I I I , , , I — 120 , 7 —i — U.K. POUND 100 — 80 — SWISS FRANC 1 1 1 60 I I I I, | I, | ,, | M Mini,,I," DUTCH GUILDER GERMAN MARK 100 120 CANADIAN DOLLAR 100 -^Vv80 ,™ o> o I I FRENCH FRANC I 160 140 - A / - 120 ) . 100 - \\ - BELGIAN FRANC — V A ~~ ITALIAN LIRA 80 L L 1980 L 111,, 1 1 1 1 M 1982 1980 1982 CHART 2 3-MONTH FORWARD EXCHANGE RATES PREMIUM (+) OR ( - ) AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER M :ENT PER ANNUM 6 ITALIAN LIRA - - + 0 - CANADIAN DOLLAR i 6 mIiiIiiIii n 6 + 0 U. K. POUND 6 DUTCH GUILDER lLlj 12 12 SWISS FRANC GERMAN MARK 6 + 0 6 + 0 6 FRENCH FRANC JAPANESE YEN 12 1980 1982 1980 1982 CHART 3 PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY PER FINE OUNCE U.S. D O L L A R S PER FINE 800 750 700 650 600 550 500 12.5 Kg BARS 450 AFTERNOON FIXING PRICE 400 350 300 250 200 150 100 1979 1980 1981 1982 CHART 4 CALL MONEY RATES WEEKLY S E R I E S PERC PERCENT PER ANh T PER ANNUM 28 24 U. S . FEDERAL FUNDS U. K. 20 2 - D A Y L O C A L AUTHORITY 15 12 8 4 - 24 ^Ai - I f\ I M" v y i . fWvV 20 16 CAN, EURO-SWISS FRANC 12 8 N E T H E F( L A N D S 4 + 0 I I I I I I I I I I I I I I M I I I I M 24 20 GERMANY FRANCE 16 12 JAPAN 1980 EURO-DM 1982 1980 1982 CHART 5 3-MONTH INTEREST RATES WEEKLY SERIES PERCENT PER ANNUM PERCENT PER ANNUM 20 20 U. S. CD' S WEIGHTED AVERAGE FOREIGN RATE U.K. INTERBANK STERLING 26 20 CANADIAN FINANCE CO. PAPER GERMAN INTERBANK RATE 22 18 14 10 6 12 16 JAPANESE BANK LOAMS AND DISCOUNTS 8 SWISS INTERBANK RATE 4 1980 1982 1980 1982 CHART 6 EURO-DOLLAR DEPOSIT RATES LONDON AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANN r PER ANNUM 24 20 16 12 8 OVERNIGHT 3-MONTH 7-DAY 6-MONTH 4 24 20 16 12 8 4 24 20 16 12 1-YEAR 1-MONTH 1980 1982 1980 1982 ^ * # # # # # # CHART 7 SELECTED EURO-DOLLAR AND U. S. MONEY MARKET RATES DEFERENTIAL: P L U S H , FAVORS BORROWING IN U. S. AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM PERCENT PER ANNUM 26 26 3-MONTH 22 E U R O - D O L L A R DEPOSITS - - 22 FEDERAL FUNDS 18 14 18 - - 10 14 10 I VW r 90-DAY CD S OVERNIGHT E U R O - D O L L A R DEPOSITS I l l I l II I I I III IIIl l I l I n 6 3 2 w V u v i/T fk/fU w j l y v j w - i I V ' — ^ ^ V v v 1 V - 1 I OFFERENTIAL D-FFERENTIAL 2 3 I I I I I I I I I I I I I I 1980 1 PERCENT F 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 11111111111 1982 1 1111111111 1980 1 1111111111 1982 4 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 EURO-DOLLAR DEPOSITS DASHED LINE - CANADIAN FINANCE CO. PAPER, COVERED 20 w Ia" Jl V-hJ I i v y / j y / / v 1 \U v i ¥ INTERBANK STERLING 12 - u . S. COMMERCIAL PAPER COVERED LONDON 1 1 I I IIIIIIIIIIIIIII I I l I I I I I I III I I I I I 4 2 — - DIFFERENTIAL DIFFERENTIAL - - (\[Ana^ ~ l ' i l l I I I I iI II I II I II I I INTERBANK DM COVERED FRANKFURT EURO-DOLLAR DEPOSITS EURO-DOLLAR DEPOSITS DASHED LINE DASHED LINE DIFFERENTIAL DIFFERENTIAL A . , — > 1 1 1 1 i i 1980 i i i i i i i i n i i i 'Vw^ k//\T ' / V v litiiiiiiii 1982 1 PERCENT ON DIFFERENTIAL SCALE = 2 PERCENT ON RATE SCALE 1 v ^Vvz~vA AjVA. >/ W rWk u -A / /VAJLA v \ .AAI/AAMvsa y *v Y^*\h/ i, I i I I 1980 1 1 i l l 1 1 1 i i I t i 1 1 I 11 1111 1 U 1982 I CHART 9 LONG-TERM GOVERNMENT BOND YIELDS WEEKLY SERIES PERCENT PER Ah :NT PER ANNUM 19 U. S. UNITED STATES 15 CORPORATE Aaa BONDS — 11 19 MONTHLY / S A Y>. - — - — — 15 11 EURO-DOLLAR BONDS I 7 I I I I I I ill I I I I I MIMIMIII 9 15 UNITED KINGDOM — SWITZERLAND — 5 11 ( l ~ 1 l l l l l l l l l l l 7 13 7 13 MONTHLY JAPAN 9 9 GERMANY 5 5 22 22 18 18 FRANCE CANADA 14 14 10 10 NETHERLANDS 6 6 1980 1982 1980 1982 CHART 10 INDUSTRIAL STOCK INDICES WEEKLY SERIES RATIO RATIO 1969= 180 160 140 120 100 UNITED STATES 80 140 GERMANY 120 \ Vv 100 — / V /x/- UNITED KINGDOM I 80 I I i i i 140 FRANCE 120 - SWITZERLAND - 100 80 w - 140 120 100 NETHERLANDS CANADA 80 60 1980 1982 1980 1982 „ LAST VALUE PLOTTED DATE VALUE S E R I E S NAME CHART 1 . SPOT EXCHANGE S A T E S AND I N D I C E S WEEKLY AVERAGES, NOON BUYING RATES (U.S. GERMAN MARK J A P A N E S E YEN DUTCH GUILDER U . K . POUND CANADIAN DOLLAR FRENCH FHANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA INDICES, MARCH 1 9 7 3 # WEIGHTED AVERAGE EXCHANGE VALUE I N D I C E S , ( G - 1 0 COUNTRIES PLUS SWITZERLAND) # U . S . DOLLAR GERMAN MARK J A P A N E S E YEN DUTCH GUILDER U . K . POUND CANADIAN DOLLAR FRENCH FRANC S W I S S FRANC BELGIAN FRANC ITALIAN LIRA SWEDISH KRONA • # CHART 2 . •s & 1 W 3-MONTH FORWARD EXCHANGE R A T E S , CANADIAN DOLLAR U . K . POUND GERMAN MARK FRENCH FRANC S W I S S FRANC DU3CH GUILDER J A P A N E S E YEN ITALIAN LIRA NOV. NOV. NOV. NOV. NOV. NOV. NOV. NOV. NOV. 3 3 3 3 3 3 3 3 3 39.10 0.36102 3 5 . 99 167.92 81.64 13.85 4 5 . 40 2.02246 0.06834 NOV. NOV. NOV. NOV. NOV. NOV. NOV. NOV. NOV. 3 3 3 3 3 3 3 3 3 109.98 9 4 . 53 103.32 6 7 . 92 81.37 62.43 146.06 79.69 38.82 3 3 3 3 3 3 3 3 3 3 3 124.60 1 3 7 . 83 113.98 124.61 78-98 96.50 71.73 176.44 94.49 43.51 69.86 3 3 3 3 3 3 3 3 -1.82 0.84 2.90 -9.89 6.45 3.35 2.96 -11.35 BASE RATES = 1 0 0 GERMAN MARK J A P A N E S E YEN DUTCH GUILDER U . K . POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN F3ANC ITALIAN LIRA • CENTS) MAR 1 9 7 3 = 1 0 0 NOV. NOV. NOV. NOV. NOV. NOV. NOV. NOV. NOV. NOV. NOV. PREMIUM OR DISCOUNT NOV. NOV. NOV. NOV. NOV. NOV. NOV. NOV. LAST VALUE PLOTTED DATE VALUE S E R I E S NAME CHART 3 . GOLD P R I C E I N LONDON, AFTERNOON F I X I N G U.S. CHART 4 . NOV. DOLLARS PER F I N E OUNCE 3 425.45 3 NOV. 3 NOV. OCT. 2 9 OCT. 15 OCT. 29 O C T . 22 OCT. 29 OC2. 29 JAN. 1 OCT. 2 2 9 . 43 9.56 10.25 13.73 7.00 6.97 NOV. NOV. NOV. NOV. NOV. NOV. NOV. 3 3 3 3 3 3 3 9.03 7.26 7.06 11.56 9.38 3.52 9.38 NOV. NOV. NOV. NOV. NOV. NOV. 3 3 3 3 3 3 9 . 56 9.59 9.59 9.81 10.03 10.39 CALL MONEY RATES U , S . FEDERAL FUNDS OVERNIGHT EURO-DOLLAR D E P O S I T S U . K . 2-DAY LOCAL AUTHORITY D E P O S I T S CANADA GERMANY EURO-DM JAPAN FRANCE NETHERLANDS E U R O - S W I £ S FRANC CHART 5 . 6. 98 13.63 40.30 1.13 3-MONTH I N T E R E S T RATES U . S . 9 0 - D A Y C D ' S , SECONDARY MARKET GERMAN INTERBANK LOAN JAPANESE BANK LOANS £ DISCOUNTS CANADIAN FINANCE PAPER INlisRBANK STERLING SWISS INTERBANK LOAN WEIGHTED AVERAGE FOREIGN I N T E R E S T RATE ( G - 1 0 COUNTRIES PLUS SWITZERLAND) CHART 6 . EURO-DOLLAR D E P O S I T RATES: LONDON OVERNIGHT 7-DAY 1-MONTH 3-MONTH 6-MONTH 1-YEAR CHART 7 . SELECTED EURO—DOLLAR AND U . S . MONEY MARKET RATES OVERNIGHT EURO-DOLLAR D E P O S I T S U . S . FEDERAL FUNDS D I F F E R E N T I A L ADJ. FOR RESERVE REQUIREMENTS NOV. NOV. NOV. 3 3 3 9 . 56 9.43 0.13 3-MONTH EURO-DOLLAR DEPOSIT RATE U . S . 90-DAY C D ' S , SECONDARY MARKET DIFFERENTIAL NOV. NOV. NOV. 3 3 3 9.81 9.03 0.84 S E R I E S NAME CHART 8 . INTEREST ARBITRAGE, L A S T VALUE PLOTTED DATE VALUE 3-MOflTH FUNDS EURO-DOLLAR D E P O S I T INTERBANK STERLING (LONDON*, COVERED DIFFERENTIAL NOV. NOV. NOV. 3 3 3 9.81 10.23 -0.42 U . S . COMMERCIAL PAPER CANADIAN FINANCE P A P E R , COVERED DIFFERENTIAL NOV. NOV. NOV. 3 3 3 8.79 9.69 -0.90 EURO-DOLLAR D E P O S I T INTERBANK DM ( F R A N K F U R T ) , COVERED DIFFERENTIAL NOV. NOV. NOV. 3 3 3 9.81 10.21 -0.40 EURO-DOLLAR D E P O S I T S W I S S INTERBANK, COVERED DIFFERENTIAL NOV. NOV. NOV. 3 3 3 9 . 81 10. 03 - 0 , 22 OCT. OCT. JULY OCT. OCT. SEPT. JAN. OCT. 29 22 10. 87 8. 06 8. 34 4.34 1 2 . 40 15.77 11. 1 2 9 ., 5 9 I. LONG TERM GOVERMENT BOND Y I E L D S UNITED STATES GERMANY JAPAN (MONTHLY) SWITZERLAND CANADA FRANCE NETHERLANDS UNITED KINGDOM U.S. 15 15 10 1 29 CORPORATE AAA BONDS EURO-DOLLAR BONDS CHART 1 0 . 12.94 13.04 STOCK I N D I C E S UNITED SPATES UNITED KINGDOM CANADA GERMANY SWITZERLAND NETHERLANDS FRANCE JAPAN SEPT. AUG. OCT. OCT. OCT. OCT. OCT. OCT. OCT. OCT. 27 27 27 27 27 27 27 27 139.52 132.48 176.21 100.73 88.17 87.20 100.22 143.85 # • ofco^- , # FEDERAL RESERVE statistical release % FOREIGN EXCHANGE RATES H. 1 0 ( 5 1 2 ) FOB THE WEEK ENDING NOVEMBER 5, [[[[ NOVEHBEE 8, 1982 1982 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 followinfgnoon buying rate in New York City for cable transfers payable in foreign currencies: MONETARY UNIT COUNTRY ARGENTINA *AUSTRALIA AUSTRIA BELGIUM BRAZIL CANADA CHILE CHINA, p . a . COLOMBIA DENMARK FINLAND .FRANCE GERMANY GREECE HONG KONG INDIA INDONESIA IRAN "IRELAND ISRAEL ITALY JAPAN MALAYSIA MEXICO NETHERLANDS "NEW -ZEALAND NORWAY PERU PHILIPPINES PORTUGAL SINGAPORE 'SOUTH AFRICA SOUTH KOREA SPAIN S R I LANKA SWEDEN SWITZERLAND THAILAND ' U N I T E D KINGDOM VENEZUELA * VALUE IN U.S. PESO DOLLAR SCHILLING FRANC CRU2EIRO DOLLAR PESO YUAN PESO OONE MARKKA FRANC D. MARK DRACHMA DOLLAR RUPEE RUPIAH RIAL POUND SHEKEL LISA YEN DOLLAR PESO GUILDER DOLLAR KRONE SOL PESO ESCUDO DOLLAR RAND WON PESETA RUPEE KRONA FRANC BAHT POUND BOLIVAR CENTS NOV. 1 39200.00 93.58 18.010 49.320 221.73 1.2245 68.050 2.0046 67.640 8.9500 5.5175 7.1975 2.5525 72.700 6.8300 9.7600 676.50 NA 133.45 30.640 1460.00 276.90 2.3620 112.0000 2.7730 70.800 7.2300 852.11 8.8370 91.000 2.2170 85.70 745.05 117.670 20.910 7.4325 2.1910 23.000 168.25 4.3000/ (CURRENCY U N I T S PER DOLLAR1 NOV. 2 NOV. 3 H 0 L I D A Y \ 39200.00 93.52 17.930 49.410 221.73 1.2219 68.050 2.0046 67.640 8.9650 5. 5120 7.2050 2.5575 72.550 6.6000 9.7100 676.50 NA 133.15 30.860 1463.00 276.52 2.3610 115.0000 2.7800 70.850 7.2425 852.11 8.8370 91.000 2.2110 85.90 745.05 117.100 20.910 7.4550 2.2000 23.000 167.95 4.3000 NOV. 4 39200.00 93.33 18.060 49.910 221.73 1.2229 68. 050 2.0046 67.540 9.0325 5 . 53 85 7.2690 2.5760 73.200 6.6900 9.7500 676.50 NA 132.10 31.070 1477.50 277.65 2.3650 130.0000 2.8020 70.600 7.3000 852.11 8.8370 91.400 2.2180 86.35 746.15 118.200 20.910 7.4950 2.2220 23.000 166.65 4.3000 NOV. 5 39200.00 93.42 18.050 49.940 225.61 1.2230 6 8 . 270 2.0046 6 7 . 810 9.0450 5.5440 7.2700 2.5790 73.150 6.6800 9.7500 676.50 NA 131.90 31.150 1479.00 275.80 2.3665 132.0000 2.8040 70.700 7.3000 866.52 8.8560 91.560 2.2160 86.60 745.55 118.400 20.950 7.502 5 2.2180 23.000 166.25 4.3000
@FedFRASER