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.

Mon., April 25, 1988Mon. Fri.

*U.K. (Pound) 1.8730 1.8880

30 days 1.8715 1.8866

60 days 1.8700 1.8851

90 days 1.8686 1.8841

CANADA (Dollar) 1.2313 1.2321

30 days 1.2329 1.2337

60 days 1.2348 1.2354

90 days 1.2365 1.2372

NETHERLANDS

(Guilder) 1.8790 1.8775

30 days 1.8743 1.8727

60 days 1.8691 1.8674

90 days 1.8640 1.8623

SWITZERLAND (Franc) 1.3870 1.3845

30 days 1.3808 1.3788

60 days 1.3753 1.3728

90 days 1.3698 1.3674

W. GERMANY (Mark) 1.6750 1.6750

30 days 1.6696 1.6696

60 days 1.6643 1.6640

90 days 1.6589 1.6590

FRANCE (Franc) 5.6885 5.6820

30 days 5.6930 5.6860

60 days 5.6985 5.6910

90 days 5.7040 5.6955

JAPAN (Yen) 124.75 124.75

30 days 124.41 124.40

60 days 124.08 124.04

90 days 123.74 123.73

OTHER EUROPEAN

Mon. Fri.

AUSTRIA (Shilling) 11.763 11.7640

xBELGIUM (Franc) 35.0300 34.9825

zBELGIUM (Franc) 35.38 35.33

DENMARK (Krone) 6.4425 6.4275

GREECE (Drachma) 134.30 134.05

Mon. Fri.

ITALY (Lira) 1245.00 1244.25

NORWAY (Krone) 6.1760 6.1565

PORTUGAL (Escudo) 136.97 136.92

SPAIN (Peseta) 110.67 110.67

SWEDEN (Krona) 5.8810 5.8695

ASIAN AND OTHER COUNTRIES

*AUSTRALIA (Dollar) .7544 .7572

HONG KONG (Dollar) 7.8162 7.8100

INDIA (Rupee) 13.24 13.26

ISRAEL (Shekel) 1.5780 1.5780

*KUWAIT (Dinar) 27.340 27.330

LEBANON (Pound) 360.00 360.00

MALAYSIA (Ringgit) 2.5730 2.5680

*N. ZEALAND (Dollar) .6712 .6760

PAKISTAN (Rupee) 17.50 17.50

PHILIPPINES (Peso) 20.80 20.85

SAUDI ARABIA (Riyal) 3.7500 3.7500

SINGAPORE (Dollar) 2.0038 2.0010

*S. AFRICA (Rand) 2.1450 2.1450

LATIN AMERICA

ARGENTINA (Austral) N.A 6.22

BOLIVIA (Peso) N.A. N.A.

BRAZIL (Cruzado) N.A. 102.1

CHILE (Peso) N.A. 244.6

COLOMBIA (Peso) N.A. 274.5

MEXICO (Peso) N.A. 22.30

PERU (Inti) N.A. 60.80

URUGUAY (Peso) N.A. 306.

VENEZUELA (Bolivar) N.A. 29.79

GOLD

Pr ice per oz. Mon. Fri.

LONDON, 2nd fixing 450.20 448.60

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.

Mon. (noon), April 25, 1988

Country Rate

*AUSTRALIA (Dollar) .7547

AUSTRIA (Shilling) 11.7925

BELGIUM (Franc) 35.1000

BRAZIL (Cruzado) N.A.

CANADA (Dollar) 1.2318

CHINA (Yuan) 3.7314

DENMARK (Krone) 6.4550

FINLAND (Markka) 4.0050

FRANCE (Franc) 5.6930

GERMANY (Mark) 1.6775

GREECE (Drachma) 134.40

HONG KONG (Dollar) 7.8155

INDIA (Rupee) 13.23

*IRELAND (Pound) 1.5925

ISRAEL (Shekel) N.A.

ITALY (Lira) 1247.25

JAPAN (Yen) 124.82

MALAYSIA (Ringgit) 2.5730

Country Rate

MEXICO (Peso) N.A.

NETHERLANDS (Guilder) 1.8820

*NEW ZEALAND (Dollar) .6710

NORWAY (Krone) 6.1835

PHILIPPINES (Peso) N.A.

PORTUGAL (Escudo) 137.25

SINGAPORE (Dollar) 2.0055

*SOUTH AFRICA (Rand) 2.151

SOUTH KOREA (Won) 743.80

SPAIN (Peseta) 110.9000

SRI LANKA (Rupee) 30.9625

SWEDEN (Krona) 5.8900

SWITZERLAND (Franc) 1.3885

TAIWAN (Dollar) 28.70

THAILAND (Baht) 25.18

UNITED KINGDOM (Pound) 1.8748

VENEZUELA (Bolivar) N.A.

*Value in U.S. dollar. Commercial.