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, Dec. 9, 1993

Thurs. Wed.

*U.K. (Pound) 1.4931 1.4975

30 days 1.4902 1.4948

60 days 1.4788 1.4924

90 days 1.4761 1.4905

CANADA (Dollar) 1.3280 1.3226

30 days 1.3288 1.3233

60 days 1.3295 1.3240

90 days 1.3302 1.3345

NETHERLANDS

(Guilder) 1.9090 1.9065

30 days 1.9131 1.9105

60 days 1.9166 1.9141

90 days 1.9195 1.9171

SWITZERLAND (Franc) 1.4680 1.4650

30 days 1.4692 1.4661

60 days 1.4702 1.4671

90 days 1.4710 1.4678

GERMANY (Mark) 1.7056 1.6994

30 days 1.7100 1.7033

60 days 1.7140 1.7077

90 days 1.7170 1.7117

FRANCE (Franc) 5.8445 5.8335

30 days 5.8619 5.8509

60 days 5.8781 5.8665

90 days 5.8904 5.8788

JAPAN (Yen) 108.73 108.60

30 days 108.64 108.50

60 days 108.50 108.38

90 days 108.37 108.25

OTHER EUROPEAN

Thurs. Wed.

AUSTRIA (Schilling) 11.9930 11.9930

BELGIUM (Franc) 35.545 35.503

DENMARK (Krone) 6.6795 6.6688

FINLAND (Markka) 5.7093 5.7019

GREECE (Drachma) 243.50 243.20

Thurs. Wed.

ITALY (Lira) 1666.25 1666.00

NORWAY (Krone) 7.3930 7.3867

PORTUGAL (Escudo) 173.50 173.30

SPAIN (Peseta) 138.90 138.70

SWEDEN (Krona) 8.2999 8.2892

ASIAN AND OTHER COUNTRIES

*AUSTRALIA (Dollar) .6725 .6715

HONG KONG (Dollar) 7.7227 7.7227

*INDIA (Rupee) .0313650 .0313650

INDONESIAN (Rupiah) 2102.25 2102.25

ISRAEL (Shekel) 2.8982 2.9091

*KUWAIT (Dinar) .29790 .29790

LEBANON (Pound) 1712.50 1713

MALAYSIA (Ringgit) 2.5520 2.5520

*N. ZEALAND (Dollar) .5539 .5547

PAKISTAN (Rupee) 30.0399 30.0399

PHILIPPINES (Peso) 27.5000 27.5000

SAUDI ARABIA (Riyal) 3.7502 3.7502

SINGAPORE (Dollar) 1.5960 1.5960

S. AFRICA (Rand) 3.3645 3.3645

S. KOREA (Won) 809.10 809.10

TAIWAN (Dollar) 26.87 26.87

TURKEY (Lira) 14350.00 14350.00

LATIN AMERICA

ARGENTINA .9982 .9982

BRAZIL (Cruzeiro) 255.675 255.670

CHILE (Peso) 428.00 428.00

COLOMBIA (Peso) 682.64 684.20

MEXICO (N Peso) 3.1036 3.1036

PERU (New Sol) 2.1760 2.1740

VENEZUELA (Bolivar) 103.90 103.60

GOLD

Price per oz. Thurs. Wed.

LONDON, 2nd fixing 383.60 383.40

*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, Dec. 9, 1993

Country Rate

*AUSTRALIA (Dollar) 0.6710

AUSTRIA (Shilling) 12.000

BELGIUM (Franc) 35.710

BRAZIL (Cruzeiro) N/A

CANADA (Dollar) 1.3248

CHINA (Yuan) 5.8195

DENMARK (Krone) 6.6760

*EUR. CUR. UNIT (ECU) 1.1310

FINLAND (Markka) 5.7335

FRANCE (franc) 5.8420

GERMANY (Mark) 1.7060

GREECE (Drachma) 243.82

HONG KONG (Dollar) 7.7233

INDIA (Rupee) 31.440

*IRELAND (pound) 1.4160

ISRAEL *Shekel) N.A.

ITALY (Lira) 1678.00

JAPAN (Yen) 108.75

MALAYSIA (Dollar) 2.5525

Country Rate

Mexico (Peso) 3.1070

NETHERLANDS (Guilder) 1.9095

*NEW ZEALAND (Dollar) 0.5550

NORWAY (Krone) 7.4080

PHILIPPINES (Peso) N.A.

PORTUGAL (Escudo) 173.72

SINGAPORE (Dollar) 1.5980

SOUTH AFRICA (Rand) 3.3675

SOUTH KOREA (Won) 812.600

SPAIN (Peseta) 139.180

SRI LANKA (Rupee) 49.300

SWEDEN (Krona) 8.4050

SWITZERLAND (franc) 1.4675

TAIWAN (Dollar) 26.8620

THAILAND (Baht) 25.4300

*UNITED KINGDOM (Pound) 1.4945

VENEZUELA (Bolivar) N.A.

*These currencies are expressed in dollar

price per unit.