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., April 29, 1988Fri. Thu.

*U.K. (Pound) 1.8750 1.8750

30 days 1.8749 1.8735

60 days 1.8731 1.8718

90 days 1.8711 1.8698

CANADA (Dollar) 1.2286 1.2301

30 days 1.2302 1.2319

60 days 1.2321 1.2336

90 days 1.2338 1.2353

NETHERLANDS

(Guilder) 1.8815 1.8710

30 days 1.8767 1.8662

60 days 1.8713 1.8609

90 days 1.8663 1.8559

SWITZERLAND (Franc) 1.3965 1.3837

30 days 1.3904 1.3772

60 days 1.3844 1.3712

90 days 1.3791 1.3658

W. GERMANY (Mark) 1.6776 1.6688

30 days 1.6723 1.6633

60 days 1.6668 1.6578

90 days 1.6618 1.6529

FRANCE (Franc) 5.6970 5.6690

30 days 5.7015 5.6730

60 days 5.7070 5.6785

90 days 5.7120 5.6835

JAPAN (Yen) 125.12 124.55

30 days 124.74 124.17

60 days 124.41 123.84

90 days 124.04 123.48

OTHER EUROPEAN

Fri. Thu.

AUSTRIA (Shilling) 11.766 11.7270

xBELGIUM (Franc) 35.0800 34.8975

zBELGIUM (Franc) 35.43 35.24

DENMARK (Krone) 6.4485 6.4275

GREECE (Drachma) 133.99 134.33

Fri. Thu.

ITALY (Lira) 1248.75 1241.50

NORWAY (Krone) 6.1620 6.1480

PORTUGAL (Escudo) 137.36 136.68

SPAIN (Peseta) 110.92 110.27

SWEDEN (Krona) 5.8670 5.8580

ASIAN AND OTHER COUNTRIES

*AUSTRALIA (Dollar) .7582 .7585

HONG KONG (Dollar) 7.8173 7.8150

INDIA (Rupee) 13.26 13.26

ISRAEL (Shekel) 1.5780 1.5780

*KUWAIT (Dinar) 27.320 27.340

LEBANON (Pound) 360.00 360.00

MALAYSIA (Ringgit) 2.5730 2.5750

*N. ZEALAND (Dollar) .6736 .6723

PAKISTAN (Rupee) 17.50 17.50

PHILIPPINES (Peso) 20.80 20.80

SAUDI ARABIA (Riyal) 3.7500 3.7500

SINGAPORE (Dollar) 2.0035 2.0009

*S. AFRICA (Rand) 2.1485 2.1475

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. Fri. Thu.

LONDON, 2nd fixing 449.00 452.10

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), April 29, 1988

Country Rate

*AUSTRALIA (Dollar) .7576

AUSTRIA (Shilling) 11.7750

BELGIUM (Franc) 35.0200

BRAZIL (Cruzado) N.A.

CANADA (Dollar) 1.2292

CHINA (Yuan) 3.7314

DENMARK (Krone) 6.4550

FINLAND (Markka) 4.0050

FRANCE (Franc) 5.6910

GERMANY (Mark) 1.6746

GREECE (Drachma) 134.20

HONG KONG (Dollar) 7.8180

INDIA (Rupee) 13.21

*IRELAND (Pound) 1.5933

ISRAEL (Shekel) N.A.

ITALY (Lira) 1247.00

JAPAN (Yen) 124.92

MALAYSIA (Ringgit) 2.5750

Country Rate

MEXICO (Peso) N.A.

NETHERLANDS (Guilder) 1.8780

*NEW ZEALAND (Dollar) .6727

NORWAY (Krone) 6.1750

PHILIPPINES (Peso) N.A.

PORTUGAL (Escudo) 137.10

SINGAPORE (Dollar) 2.0050

*SOUTH AFRICA (Rand) 2.154

SOUTH KOREA (Won) 743.30

SPAIN (Peseta) 110.8300

SRI LANKA (Rupee) 30.9625

SWEDEN (Krona) 5.8750

SWITZERLAND (Franc) 1.3935

TAIWAN (Dollar) 28.70

THAILAND (Baht) 25.15

UNITED KINGDOM (Pound) 1.8785

VENEZUELA (Bolivar) N.A.

*Value in U.S. dollar. Commercial.