FOREIGN EXCHANGE

FOREIGN EXCHANGE

Quotations are offered rates of New York city banks relating to currency transfers of $1 million or larger. Foreign currency values are expressed in terms of currency units per dollar unless otherwise noted. To obtain the comparable dollar value, for those rates not quoted in dollars, divide into one. For example, when one U.S. dollar buys 6.9075 French francs, one dollar divided by 6.9075 francs equals $.1448 or 14.48 U.S. cents per franc.

Fri., Feb. 19, 1988Fri. Thu.

*U.K. (Pound) 1.7500 1.7415

30 days 1.7474 1.7390

60 days 1.7438 1.7357

90 days 1.7401 1.7317

CANADA (Dollar) 1.2732 1.2692

30 days 1.2749 1.2710

60 days 1.2767 1.2727

90 days 1.2787 1.2746

NETHERLANDS

(Guilder) 1.9165 1.9200

30 days 1.9123 1.9155

60 days 1.9076 1.9113

90 days 1.9035 1.9068

SWITZERLAND (Franc) 1.3980 1.4080

30 days 1.3917 1.4015

60 days 1.3852 1.3953

90 days 1.3802 1.3895

W. GERMANY (Mark) 1.7075 1.7120

30 days 1.7029 1.7074

60 days 1.6976 1.7024

90 days 1.6930 1.6972

FRANCE (Franc) 5.7725 5.7835

30 days 5.7750 5.7855

60 days 5.7790 5.7890

90 days 5.7870 5.7970

JAPAN (Yen) 130.00 130.30

30 days 129.69 129.99

60 days 129.41 129.71

90 days 129.15 129.41

OTHER EUROPEAN

Fri. Thu.

AUSTRIA (Shilling) 11.986 11.9840

xBELGIUM (Franc) 35.7250 35.7725

zBELGIUM (Franc) 36.0700 36.1200

DENMARK (Krone) 6.5210 6.5400

GREECE (Drachma) 136.35 136.12

Fri. Thu.

ITALY (Lira) 1256.50 1259.25

NORWAY (Krone) 6.4270 6.4395

PORTUGAL (Escudo) 139.00 139.88

SPAIN (Peseta) 114.67 115.02

SWEDEN (Krona) 6.0650 6.0760

ASIAN AND OTHER COUNTRIES

*AUSTRALIA (Dollar) .7200 .7153

HONG KONG (Dollar) 7.7890 7.7890

INDIA (Rupee) 13.10 13.09

ISRAEL (Shekel) 1.5900 1.5900

*KUWAIT (Dinar) .27680 2.7650

LEBANON (Pound) 400.00 400.00

MALAYSIA (Ringgit) 2.5850 2.5850

*N. ZEALAND (Dollar) .6625 .6607

PAKISTAN (Rupee) 17.45 17.45

PHILIPPINES (Peso) 20.30 20.30

SAUDI ARABIA (Riyal) 3.7497 3.7495

SINGAPORE (Dollar) 2.0170 2.0170

*S. AFRICA (Rand) .4820 .4820

LATIN AMERICA

ARGENTINA (Austral) 4.0000 4.0000

BOLIVIA (Peso) 2.23 2.23

BRAZIL (Cruzado) 81.89 81.89

CHILE (Peso) 244.20 244.20

COLOMBIA (Peso) 267.25 267.25

MEXICO (Peso) 2259.0 2224.0

PERU (Inti) 63.04 63.04

URUGUAY (Peso) 290.00 290.00

VENEZUELA (Bolivar) 29.60 29.95

GOLD

Pr ice per oz. Fri. Thu

LONDON, 2nd fixing 442.90 447.25

x-Commercial rate z-Financial rate.

*These currencies are expressed in dollar

price per unit.

CUSTOMS RATES

Federal Reserve Bank of New York certified buying rates for certain foreign currencies to be used for customs purposes or appropriate cases.

Fri. (noon), Feb. 19, 1988

Country Rate

*AUSTRALIA (Dollar) .7185

AUSTRIA (Shilling) 11.9850

BELGIUM (Franc) 35.7400

BRAZIL (Cruzado) N.A.

CANADA (Dollar) 1.2708

CHINA (Yuan) 3.7314

DENMARK (Krone) 6.5250

FINLAND (Markka) 4.1425

FRANCE (Franc) 5.7730

GERMANY (Mark) 1.7075

GREECE (Drachma) 136.30

HONG KONG (Dollar) 7.7910

INDIA (Rupee) 13.07

*IRELAND (Pound) 1.5600

ISRAEL (Shekel) N.A.

ITALY (Lira) 1258.00

JAPAN (Yen) 130.05

MALAYSIA (Ringgit) 2.5910

Country Rate

MEXICO (Peso) N.A.

NETHERLANDS (Guilder) 1.9175

*NEW ZEALAND (Dollar) .6618

NORWAY (Krone) 6.4425

PHILIPPINES (Peso) N.A.

PORTUGAL (Escudo) 139.55

SINGAPORE (Dollar) 2.0180

*SOUTH AFRICA (Rand) .4800

SOUTH KOREA (Won) 773.40

SPAIN (Peseta) 114.7500

SRI LANKA (Rupee) 30.8650

SWEDEN (Krona) 6.0750

SWITZERLAND (Franc) 1.3995

TAIWAN (Dollar) 28.66

THAILAND (Baht) N.A.

UNITED KINGDOM (Pound) 1.7490

VENEZUELA (Bolivar) N.A.

*Value in U.S. dollar. Commercial.