The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
(516/517) M C 3 Mai FEDERAL RESERVE BANK sx OF BOSTON Selected Interest & Exchange Rates Weekly Series of Charts November 9 , 1 9 8 1 DIVISION OF INTERNATIONAL FINANCE Prepared by the FINANCIAL MARKETS SECTION BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM Washington, D C. 20551 A 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 2. D A I L Y CERTIFIED SPOT EXCHANGE RATES-H.10 RELEASE CHARTS G o v e r n o r s of t h e Federal Reservfe S y s t e m in a f o r m 1. SPOT EXCHANGE RATE INDICES 2. 3-MONTH FORWARD EXCHANGE RATES 3. GOLD PRICE-LONDON 4. C A L L 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 RATIO SCALE MARCH 1 9 7 3 = 1 0 0 RATIO SCALE MARCH 1973=100 120 120 - - U.K. POUND 100 100 - J \T\/\ 80 - FOREIGN CURRENCY PRICE OF U.S. DOLLAR " l I I I I I I V^w\ ASA/ - 1111 i l l i l l I l l l l l l l i l l l GERMAN MARK - 80 l l l l l l l i l l l FRENCH FRANC ill I JAPANESE YEN SWISS FRANC — — 160 BELGIAN FRANC — A 140 A/^ 120 DUTCH GUILDER 100 100 " | | | I | | i i l i i l i i l n 100 100 ITALIAN LIRA 80 60 80 60 CANADIAN DOLLAR III I I 40 - 1979 40 1981 1979 1981 CHART 2 3-MONTH FORWARD EXCHANGE RATES PREMIUM (+) OR ( - ) AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM PERCENT PER ANNUM 6 24 CANADIAN DOLLAR ITALIAN LIRA - - + 0 ~ l I I I I | JL 24 12 U. K. POUND - \ DUTCH GUILDER V I - 12 11111111111 GERMAN MARK SWISS FRANC - - 12 - \ J I I I I I \ f \ ~ ; I 12 FRENCH FRANC JAPANESE YEN - 6 + 0 1979 1981 1979 1981 CHART 3 PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY U.S. c LLARS PER FINE OUNCE U.S. DOLLARS PER FINE OUNCE 800 800 750 750 700 700 650 650 600 600 550 550 500 500 12.5 Kg BARS AFTERNOON FIXING PRICE 450 450 400 400 350 350 300 300 250 250 200 200 150 150 100 I 1978 1979 I I I I I I I I I I I I I I I I I I I I I 1980 1981 100 CHART 4 CALL MONEY RATES WEEKLY SERIES PERCENT PER Al •NT PER ANNUM 28 28 24 24 U. S. FEDERAL FUNDS 20 U. K. 2-DAY LOCAL AUTHORITY 20 16 16 12 12 8 8 4 4 24 24 20 20 16 16 CANADA 12 12 EURO-SWISS FRANC 8 8 4 4 NETHERLANDS + + 0 0 I I I II I I I I I 24 24 20 20 FRANCE 16 16 GERMANY 12 12 8 8 4 4 EURO-DM 0 0 1979 1981 1979 1981 CHART 5 3-MONTH INTEREST RATES WEEKLY SERIES PERi PER ANNUM PERCENT PER 20 20 U.S. CD'S 16 16 12 12 U.K. INTERBANK STERLING 8 8 WEIGHTED AVERAGE FOREIGN RATE 4 4 26 20 22 16 GERMAN INTERBANK RATE CANADIAN FINANCE CO. PAPER 18 12 14 8 10 4 6 0 12 16 JAPANESE BANK LOANS AND DISCOUNTS SWISS INTERBANK RATE 12 8 8 4 0 4 1979 1981 1979 1981 CHART 6 EURO-DOLLAR DEPOSIT RATES LONDON AVERAGES FOR WEEK ENDING WEDNESDAY ENT PER ANNUM PERCENT PER Al NUM 24 24 OVERNIGHT 20 3-MONTH 20 16 16 12 12 8 8 4 4 24 24 6-MONTH 7-DAY 20 20 16 16 12 12 8 8 4 4 24 24 1-YEAR 1-MONTH 20 20 — - 16 16 12 12 - J 8 8 I IIIIIIIIIi 4 1979 1981 1979 1981 4 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 FEDERAL FUNDS 3-MONTH E U R O - D O L L A R DEPOSITS DAY CD OVERNIGHT E U R O - D O L L A R DEPOSITS DIFFERENTIAL DIFFERENTIAL ^ \ a , V V ZANYVVVV + 0 1 2 3 I I I M i l 1979 1 PERCENT 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 1981 I I I i i 1979 i I I I 11 I I I I I I I I I I I I I I I I I 1981 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 28 CANADIAN FINANCE CO. PAPER, COVERED EURO-DOLLAR DEPOSITS 20 12 INTERBANK STERLING U. S. COMMERCIAL PAPER COVERED LONDON DIFFERENTIAL 2 DIFFERENTIAL — — v / v ~VAA\ A ^ W v M V \ 2 28 - - INTERBANK DM COVERED FRANKFURT 20 Kr\ V f r p 12 J Jj V* EURO-DOLLAR DEPOSITS , , I I — I DIFFERENTIAL 1979 DIFFERENTIAL 1981 1 PERCENT 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 EURO-DOLLAR DEPOSITS 1979 1981 CHART 9 LONG-TERM GOVERNMENT BOND YIELDS WEEKLY SERIES E N T PER ANNUM PERCENT PER AL 19 U. S. CORPORATE 19 MONTHLY 17 17 15 15 UNITED STATES Aaa BONDS 13 13 11 11 V 9 EURO-DOLLAR I I llllll 7 9 BONDS I I I I I I I III I I I 12 7 9 SWITZERLAND 10 7 8 5 GERMANY 6 3 4 1 13 15 MONTHLY UNITED KINGDOM 11 13 9 11 7 9 5 7 19 18 16 17 FRANCE 14 15 CANADA 13 12 11 10 9 6 ilu 7 8 NETHERLANDS 1979 1981 1979 1981 CHART 10 INDUSTRIAL STOCK INDICES WEEKLY SERIES RATIO S C A L E 1969=100 RATIO S C A L E 1969=100 180 180 160 — 140 — 120 — UNITED STATES JAPAN J y N^yS/vx - A jaJ 100 - A v / VZ — — - - f ~ A - I 80 160 — I iiiiiiniii l - I I I I I I 140 120 * 100 , 80 140 140 120 120 100 100 UNITED KINGDOM 80 SWITZERLAND 80 60 60 140 140 120 120 100 100 FRANCE 80 GERMANY 80 I III I 60 60 280 140 120 - 100 (I Vw , 80 I I Y V y w J\- - 240 - 200 - NETHERLANDS CANADA 60 45 120 — I I I I I 1979 160 I 90 1981 1979 1981 SERIES CHART 1. S P O T EXCHANGE R A T E S WEEKLY A V E R A G E S , L A S T VALUE P L O T T E D DATE VALUE NAME AND I N D I C E S NOON B U Y I N G R A T E S (U.S. CENTS) 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 S W I S S FRANC B E L G I A N FRANC ITALIAN LIRA INDICES, MARCH 1973 BASE RATES = W E I G H T E D AVERAGE EXCHANGE VALUE I N D I C E S , ( G - 1 0 COUNTRIES PLUS SWITZERLAND) MAR 1973 3 - M O N T H FORWARD EXCHANGE R A T E S , 4 4 . 70 0.43315 40.57 186.10 83.25 17.79 54.92 2.66783 0.08370 NOV. NOV. NOV. NOV. NOV. NOV. NOV. NOV. NOV. 4 4 4 4 4 4 4 4 4 125.76 113.41 116.47 75.27 82.98 80.15 176.67 1 0 5 . 13 47.55 = 4 4 4 4 4 4 4 4 4 4 4 105.71 138.60 120.91 123.34 76.70 85.73 82.04 187.85 110.36 47.08 83.01 4 4 4 4 4 4 4 4 -2.80 -0.38 4.23 -1.67 4.85 2.76 8 . 52 -6.54 100 NOV. NOV. NOV. NOV. NOV. NOV. NOV. NCV. NOV. NOV. NOV. 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 F R E N C H FRANC S W I S S FRANC B E L G I A N FRANC ITALIAN LIRA S W E D I S H KRONA C A N A D I A N DOLLAR U . K . POUND GERMAN MARK FRENCH FRANC S W I S S FRANC DUTCH G U I L D E R J A P A N E S E YEN ITALIAN LIRA 4 4 4 4 4 4 4 4 4 100 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 F R E N C H FRANC S W I S S FRANC BELGIAN FRANC ITALIAN LIRA CHART 2 . NOV. NOV. NOV. NOV. NOV. NOV. NOV. NOV. NOV. PREMIUM OR DISCOUNT NOV. NOV. NOV. NOV. NOV. NOV. NOV. NOV. SERIES CHART 3. GOLD P R I C E U.S. CHART 4 . DOLLARS CALL IN PER L A S 1 VALUE P L O T T E D DATE VALUE NAME LONDON, FINE AFTERNOON F I X I N G OUNCE 3-MONTH I N T E R E S T 6. EURO-DOLLAR DEPOSIT RATES: SELECTED EURO-DOLLAR OVERNIGHT EURO-DOLLAR U . S . FEDERAL FUNDS D I F F E R E N T I A L A D J . FOR AND U . S . NOV. NOV. NOV. NOV. NOV. NOV. NOV. 4 4 4 4 4 4 4 14.67 11.59 7.25 18.32 16.14 10.75 13.19 NOV. NOV. NOV. NOV. NOV. NOV. 4 4 4 4 4 4 14.30 14.56 14.89 15.49 15.76 15.75 NOV. NOV. NOV. 4. 4 4 14.30 14.79 -0.49 NOV. NOV. NOV. 4 4 4 15.49 14.67 0.82 14. 14. 15. 19. 11. 10. 7. 15. 13. 4. 79 30 75 54 00 81 00 88 70 95 MONEY MARKET R A T E S DEPOSITS RESERVE 3-MONTH jiURO-DOLLAR D E P O S I T U . S . 9 0 - D A Y C D ' S , SECONDARY DIFFERENTIAL 4 4 30 16 30 23 30 30 4 23 LONDON OVERNIGHT 7-DAY 1-MONTH 3-MONTH 6-MONTH 1-YEAR CHART 7 . NOV. NOV. OCT. OCT. OCT. OCT. OCT. OCT. SEPT. OCT. 4 2 8 . 20 RATES U . S . 9 0 - D A Y C D ' S , SECONDARY MARKET GERMAN I N T E R B A N K LOAN J A P A N E S E BANK LOANS 6 D I S C O U N T S CANADIAN F I N A N C E P A P E R INTERBANK S T E R L I N G S W I S S I N T E R B A N K LOAN WEIGHTED AVERAGE F O R E I G N I N T E R E S T R A T E ( G - 1 0 COUNTRIES PLUS SWITZERLAND) CHART 4 MONEY R A T E S U . S . FEDERAL FUNDS OVERNIGHT EURO-DOLLAR D E P O S I T S U . K . 2 - D A Y 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 S FRANC CHART 5 . NOV. REQUIREMENTS RATE MARKET SERIES CHART 8 , INTEREST L A S T VALUE P L O T T E D DATE VALUE NAME ARBITRAGE, 3-MONTH F U N D S EURO-DOLLAR D E P O S I T INTERBANK S T E R L I N G (LONDON), DIFFERENTIAL U . S . COMMERCIAL P A P E R CANADIAN F I N A N C E P A P E R , DIFFERENTIAL COVERED COVERED EURO-DOLLAR D E P O S I T I N T E R B A N K DM ( F R A N K F U R T ) , DIFFERENTIAL COVERED EURO-DOLLAR D E P O S I T S W I S S I N T E R B A N K , COVERED DIFFERENTIAL CHART 9. 15.49 15.74 -0.25 NOV. NOV. NOV. 4 4 4 14.21 15.39 -1.18 NOV. NOV. NOV. 4 4 4 15.49 15.94 -0.45 NOV. NOV. NOV. 4 4 4 15.49 15.74 -0.25 OCT. OCT. SEPT. OCT. OCT. SEPT. SEPT. OCT. 30 23 15. 25 1 0 ., 3 7 9 .. 0 3 6 .. 0 0 1 6 .. 7 7 1 7 ., 0 4 1 1 .. 9 8 1 4 .. 2 3 16 16 11 4 23 CORPORATE AAA BONDS EURO-DOLLAR CHART 4 4 4 LONG TERM GOVERMENT BOND Y I E L D S UNITED STATES GERMANY J A P A N (MONTHLY) SWITZERLAND CANADA FRANCE NETHERLANDS U N I T E D KINGDOM U.S. NOV. NOV. NOV. 10. STOCK BONDS INDICES UNITED STATES U N I T E D KINGDOM CANADA GERMANY SWITZERLAND NETHERLANDS FRANCE JAPAN 1 6 .. 9 2 1 3 .. 3 6 SEPT. SEPT. OCX. OCT. OCT. OCT. OCT. OCT. OCT. OCT. 28 28 21 28 28 28 28 28 123.i 23 102.,61 185.,69 9 5 ..41 8 3 ..21 7 6 ..03 8 9 .. 2 5 1 4 3 ..60 qfcow. •. # •m FEDERAL RESERVE statistical release H. 1 0 ( 5 1 2 ) NOVEMBER FOREIGN EXCHANGE RATES FOR THE WEEK ENDING NOVEMBER 6, 9, 1981 1981 The Board of Governors of the Federal Reserve System «s 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 BELGIUM CANADA DENMARK FINLAND PRANCE GERMANY INDIA IRELAND ITALY JAPAN MALAYSIA MEXICO NETHERLANDS NEW Z E A L A N D NORWAY PORTUGAL SOUTH AFRICA SPAIN SRI LANKA SWEDEN SWITZERLAND UNITED KINGDOM MONETARY UNIT NOV. DOLLAR SCHILLING FRANC DOLLAR KRONE MAHKKA FRANC D. MARK RUPEE POUND LIRA YEN RINGGIT PESO GUILDER DOLLAR KRONE ESCUDO RAND PESETA RIUPEE KRONA FRANC T>OUND 114.2600 6.42261 1 2.69687 83.3959 13.9665 22.8702 17.9501 44.9843 10.9051 159.5000 0.08428 0.43640 43.8404 3.9139 40.8163 82.7500 17.0503 1.5552 104.1500 1.0532 4.8204 18.1587 55.4/85 187.2500 2 NOV. H O 1 I D A Y 3 <RA:CE U . S . CENTS NOV. 4 . 114.3300 6.45161 2.68962 83.5562 14.0499 22.5647 17.9404 45.2079 10.8932 159.7000 0.08446 0.43995 43.8693 3.9078 41.0593 82.7300 17.0940 1.5576 104.4000 1.0522 4.8204 18.2399 55.9284 187.8000 MOV. 5 114.3600 6.42673 2.67165 83.5213 13.9762 22.9463 17.7857 44.9539 10.8932 159.1000 0.08389 0.43764 43.8404 3.9032 40.7664 82.9000 16.9924 1.5552 104.4500 1.0492 4.8204 18.1521 55.7725 187.2500 NOV. 6 114.3000 6.41848 2.67380 83.8293 13.9616 22.9463 17.8253 45.0045 10.9051 158.9000 0.08410 0.43659 43.9947 3.8941 40.8831 82.6500 17.0503 1.5480 103.9800 1.0465 4.7721 18.1686 55.8503 187.5000
@FedFRASER