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.

Tue., May 15, 1990Tue. Mon.

*U.K. (Pound) 1.6740 1.6785

30 days 1.6645 1.6721

60 days 1.6557 1.6637

90 days 1.6466 1.6546

CANADA (Dollar) 1.1768 1.1769

30 days 1.1824 1.1822

60 days 1.1868 1.1869

90 days 1.1918 1.1918

NETHERLANDS

(Guilder) 1.8461 1.8441

30 days 1.8462 1.8443

60 days 1.8465 1.8446

90 days 1.8468 1.8450

SWITZERLAND (Franc) 1.3955 1.3910

30 days 1.3960 1.3917

60 days 1.3966 1.3925

90 days 1.3967 1.3930

W. GERMANY (Mark) 1.6428 1.6415

30 days 1.6424 1.6410

60 days 1.6423 1.6409

90 days 1.6423 1.6408

FRANCE (Franc) 5.5410 5.5325

30 days 5.5478 5.5393

60 days 5.5533 5.5450

90 days 5.5600 5.5527

JAPAN (Yen) 150.75 152.50

30 days 150.60 152.34

60 days 150.46 152.22

90 days 150.31 152.07

OTHER EUROPEAN

Tue. Mon.

AUSTRIA (Shilling) 11.5350 11.5350

BELGIUM (Franc) 33.9765 33.9515

DENMARK (Krone) 6.2750 6.2595

FINLAND (Markka) 3.8940 3.8950

GREECE (Drachma) 161.95 161.80

Tue. Mon.

ITALY (Lira) 1209.00 1207.50

NORWAY (Krone) 6.3985 6.3900

PORTUGAL (Escudo) 145.20 145.59

SPAIN (Peseta) 102.76 102.76

SWEDEN (Krona) 6.0090 6.0025

ASIAN AND OTHER COUNTRIES

*AUSTRALIA (Dollar) .7636 .7680

HONG KONG (Dollar) 7.7890 7.7895

INDIA (Rupee) 17.32 17.33

INDONESIAN (Rupiah) 1825 1825

ISRAEL (Shekel) 1.9600 1.9600

*KUWAIT (Dinar) .29050 .29080

LEBANON (Pound) 649.50 649.50

MALAYSIA (Ringgit) 2.6915 2.6930

*N. ZEALAND (Dollar) .5733 .5724

PAKISTAN (Rupee) 21.93 21.93

PHILIPPINES (Peso) 22.70 22.70

SAUDI ARABIA (Riyal) 3.7501 3.7500

SINGAPORE (Dollar) 1.8495 1.8500

S. AFRICA (Rand) 2.6300 2.6300

S. KOREA (Won) 699.61 699.61

TAIWAN (Dollar) 26.23 26.23

LATIN AMERICA

ARGENTINA (Austral) 4935 4935

BRAZIL (Cruzado) 50.370 50.370

CHILE (Peso) 291.95 291.95

COLOMBIA (Peso) 474.59 474.59

MEXICO (Peso) 2810.0 2810.0

PERU (Inti) 30535 30535

VENEZUELA (Bolivar) 45.21 45.21

GOLD

Price per oz. Tue. Mon.

LONDON, 2nd fixing 367.8 369.0

*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.

Tue., May 15, 1990

Country Rate

*AUSTRALIA (Dollar) 0.7645

AUSTRIA (Shilling) 11.5960

BELGIUM (Franc) 34.0600

BRAZIL (Cruzado) N.A.

CANADA (Dollar) 1.1810

CHINA (Yuan) 4.7339

DENMARK (Krone) 6.2890

EUR. CUR. UNIT (ECU) 1.2420

FINLAND (Markka) 3.8995

FRANCE (Franc) 5.5530

GERMANY (Mark) 1.6471

GREECE (Drachma) 162.75

HONG KONG (Dollar) 7.790

INDIA (Rupee) 17.31

*IRELAND (Pound) 1.6280

ISRAEL (Shekel) N.A.

ITALY (Lira) 1211.25

JAPAN (Yen) 151.40

MALAYSIA (Dollar) 2.6930

Country Rate

NETHERLANDS (Guilder) 1.8510

*NEW ZEALAND (Dollar) 0.5725

NORWAY (Krone) 6.4110

PHILIPPINES (Peso) N.A.

PORTUGAL (Escudo) 145.80

SINGAPORE (Dollar) 1.8495

SOUTH AFRICA (Rand) 2.6385

SOUTH KOREA (Won) 710.9

SPAIN (Peseta) 103.10

SRI LANKA (Rupee) 40.0175

SWEDEN (Krona) 6.0185

SWITZERLAND (Franc) 1.3980

TAIWAN (Dollar) 27.5000

THAILAND (Baht) 25.83

*UNITED KINGDOM (Pound) 1.6770

VENEZUELA (Bolivar) N.A.

*These currencies are expressed in dollar

price per unit.