FOREIGN EXCHANGE

FOREIGN EXCHANGE

The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading banks of $1 million and more as quoted at 3 p.m. Eastern time. Retail transactions provide fewer units of foreign currency per

dollar. 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.

Thursday Sept. 23, 1993

Thurs. Wed.

*U.K. (Pound) 1.5050 1.5177

30 days 1.5014 1.5140

60 days 1.4978 1.5103

90 days 1.4946 1.5070

CANADA (Dollar) 1.3224 1.3192

30 days 1.3239 1.3207

60 days 1.3254 1.3220

90 days 1.3276 1.3243

NETHERLANDS

(Guilder) 1.8441 1.8290

30 days 1.8493 1.8350

60 days 1.8546 1.8390

90 days 1.8586 1.8433

SWITZERLAND (Franc) 1.4323 1.4205

30 days 1.4346 1.4236

60 days 1.4360 1.4225

90 days 1.4376 1.4243

GERMANY (Mark) 1.6435 1.6290

30 days 1.6487 1.6343

60 days 1.6538 1.6393

90 days 1.6579 1.6433

FRANCE (Franc) 5.7185 5.6685

30 days 5.7386 5.6892

60 days 5.7594 5.7070

90 days 5.7770 5.7277

JAPAN (Yen) 106.00 106.10

30 days 105.95 106.05

60 days 105.89 105.99

90 days 105.84 105.91

OTHER EUROPEAN

Thurs. Wed.

AUSTRIA (Schilling) 11.5525 11.4860

BELGIUM (Franc) 34.985 34.871

DENMARK (Krone) 6.6393 6.6223

FINLAND (Markka) 5.8152 5.8363

GREECE (Drachma) 235.90 233.30

Thurs. Wed.

ITALY (Lira) 1587.00 1575.05

NORWAY (Krone) 7.1611 7.0998

PORTUGAL (Escudo) 168.01 166.36

SPAIN (Peseta) 131.40 130.15

SWEDEN (Krona) 8.0440 8.1130

ASIAN AND OTHER COUNTRIES

*AUSTRALIA (Dollar) .6540 .6555

HONG KONG (Dollar) 7.7380 7.7369

*INDIA (Rupee) .0313675 .0313650

INDONESIAN (Rupiah) 2104.40 2104.10

ISRAEL (Shekel) 2.7846 2.7905

*KUWAIT (Dinar) .29900 .29920

LEBANON (Pound) 1723 1723

MALAYSIA (Ringgit) 2.5520 2.5585

*N. ZEALAND (Dollar) .5546 .5544

PAKISTAN (Rupee) 29.8201 29.8201

PHILIPPINES (Peso) 27.900 27.900

SAUDI ARABIA (Riyal) 3.7499 3.7500

SINGAPORE (Dollar) 1.5930 1.5933

S. AFRICA (Rand) 3.4320 3.4200

S. KOREA (Won) 808.80 809.90

TAIWAN (Dollar) 26.88 26.84

TURKEY (Lira) 12275.00 12200.00

LATIN AMERICA

ARGENTINA .99800 .99800

BRAZIL (Cruzeiro) 118.778 117.055

CHILE (Peso) 408.40 408.60

COLOMBIA (Peso) 688.29 689.50

MEXICO (N Peso) 3.1110 3.1135

PERU (New Sol) 2.1030 2.0960

VENEZUELA (Bolivar) 97.28 97.08

GOLD

Price per oz. Thurs. Wed.

LONDON, 2nd fixing 357.50 354.00

*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.

Thursday Sept. 23, 1993

Country Rate

*AUSTRALIA (Dollar) .6510

AUSTRIA (Shilling) 11.5700

BELGIUM (Franc) 35.0300

BRAZIL (Cruzeiro) N.A.

CANADA (Dollar) 1.3225

CHINA (Yuan) 5.8013

DENMARK (Krone) 6.6425

*EUR. CUR. UNIT (ECU) 1.1595

FINLAND (Markka) 5.8350

FRANCE (franc) 5.7305

GERMANY (Mark) 1.6445

GREECE (Drachma) 235.83

HONG KONG (Dollar) 7.7340

INDIA (Rupee) 31.530

*IRELAND (pound) 1.4200

ISRAEL (Shekel) N.A.

ITALY (Lira) 1592.50

JAPAN (Yen) 106.07

MALAYSIA (Dollar) 2.5530

Country Rate

NETHERLANDS (Guilder) 1.8464

*NEW ZEALAND (Dollar) 0.5536

NORWAY (Krone) 7.1725

PHILIPPINES (Peso) N.A.

PORTUGAL (Escudo) 168.200

SINGAPORE (Dollar) 1.5937

SOUTH AFRICA (Rand) 3.4350

SOUTH KOREA (Won) 812.100

SPAIN (Peseta) 131.550

SRI LANKA (Rupee) 48.9300

SWEDEN (Krona) 8.0625

SWITZERLAND (franc) 1.4340

TAIWAN (Dollar) 26.9460

THAILAND (Baht) 25.2500

*UNITED KINGDOM (Pound) 1.5055

VENEZUELA (Bolivar) N.A.

*These currencies are expressed in dollar

price per unit.