1FEDERAL RESERVE STATISTICAL RELEASE                                      January 16, 1998



  H.10(512)                  FOREIGN EXCHANGE RATES FOR THE WEEK ENDING  DECEMBER 26, 1997

  The Board of Governors of the Federal Reserve System is advised that the Federal Reserve
  Bank of New York has certified for customs purposes the following noon buying rates in
  New York City for cable transfers payable in foreign currencies:


                 MONETARY                     (CURRENCY UNITS PER DOLLAR)
   COUNTRY         UNIT       Dec. 22      Dec. 23      Dec. 24      Dec. 25      Dec. 26

 *AUSTRALIA      DOLLAR         0.6523       0.6565       0.6558                    0.6559
  AUSTRIA        SCHILLING     12.523       12.483       12.478                    12.487
  BELGIUM        FRANC         36.740       36.640       36.600                    36.620
  CANADA         DOLLAR         1.4345       1.4364       1.4355                    1.4356
  CHINA,P.R.     YUAN           8.3100       8.3100       8.3100                    8.3093
  DENMARK        KRONE          6.7828       6.7624       6.7560                    6.7620
 *EURO COMMUNITY ECU            1.1105       1.1140       1.1145        H           1.1140
  FINLAND        MARKKA         5.3897       5.3775       5.3730                    5.3730
  FRANCE         FRANC          5.9591       5.9370       5.9310                    5.9390
  GERMANY        D. MARK        1.7802       1.7743       1.7732        O           1.7749
  GREECE         DRACHMA      280.50       279.94       279.67                    279.95
  HONG KONG      DOLLAR         7.7500       7.7485       7.7500                    7.7495
  INDIA          RUPEE         39.060       39.010       39.000         L          39.300
 *IRELAND        POUND          1.4490       1.4450       1.4470                    1.4448
  ITALY          LIRA        1745.60      1740.20      1743.00                   1743.00
  JAPAN          YEN          130.38       130.00       130.06          I         130.30
  MALAYSIA       RINGGIT        3.8200       3.8450       3.9000                    3.8450
  MEXICO         PESO           8.1180       8.1300       8.1925                    8.1450
  NETHERLANDS    GUILDER        2.0057       1.9995       1.9980        D           1.9990
 *NEW ZEALAND    DOLLAR         0.5788       0.5835       0.5848                    0.5840
  NORWAY         KRONE         7.2950       7.2893       7.2725                    7.3005
  PORTUGAL       ESCUDO         182.10       182.32       181.40        A           181.35
  SINGAPORE      DOLLAR           1.68         1.67         1.67                      1.67
  SOUTH AFRICA   RAND          4.8570       4.8570       4.8580                    4.8630
  SOUTH KOREA    WON         1710.00      1960.00      1835.00          Y        1506.00
  SPAIN          PESETA       150.650      150.080      150.170                   150.200
  SRI LANKA      RUPEE          61.900       61.750       62.000                    61.850
  SWEDEN         KRONA          7.7785       7.7753       7.7690                    7.7708
  SWITZERLAND    FRANC         1.4380       1.4338       1.4346                    1.4342
  TAIWAN         DOLLAR        32.350       32.700       32.700                    32.800
  THAILAND       BAHT          44.800       46.000       45.350                    45.500
 *UNITED KINGDOM POUND          1.6617       1.6680       1.6675                    1.6695

  MEMO:
**UNITED STATES  DOLLAR        98.94        98.67        98.65                     98.71

  *VALUE IS U.S. DOLLARS

  **INDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U.S.   DOLLAR AGAINST CURRENCIES OF OTHER G-10
  COUNTRIES.  MARCH 1973 = 100.  WEIGHTS ARE 1972-76  GLOBAL TRADE OF EACH OF THE 10 COUNTRIES.
  SERIES REVISED AS OF AUGUST 1978.  FOR  DESCRIPTION AND BACK DATA, SEE "INDEX OF THE
  WEIGHTED-AVERAGE EXCHANGE VALUE  OF THE U.S. DOLLAR: REVISION" ON PAGE 700 OF THE AUGUST
  1978 FEDERAL RESERVE BULLETIN.

  THIS RELEASE AND HISTORIC RATES ARE AVAILABLE ONLINE AT WWW.BOG.FRB.FED.US.

  FOR INFORMATION ABOUT YOUR SUBSCRIPTION TO THIS RELEASE OR ABOUT RECEIVING IT IN DOCUMENT
  FORM, PLEASE CALL PUBLICATIONS SERVICES AT THE FEDERAL RESERVE BOARD AT (202) 452-3244.




1FEDERAL RESERVE STATISTICAL RELEASE                                      January 16, 1998



  H.10(512)                    FOREIGN EXCHANGE RATES FOR THE WEEK ENDING  JANUARY 2, 1998

  The Board of Governors of the Federal Reserve System is advised that the Federal Reserve
  Bank of New York has certified for customs purposes the following noon buying rates in
  New York City for cable transfers payable in foreign currencies:


                 MONETARY                     (CURRENCY UNITS PER DOLLAR)
   COUNTRY         UNIT       Dec. 29      Dec. 30      Dec. 31      Jan. 1       Jan. 2

 *AUSTRALIA      DOLLAR         0.6540       0.6517       0.6515                    0.6500
  AUSTRIA        SCHILLING     12.492       12.607       12.634                    12.682
  BELGIUM        FRANC         36.890       36.990       37.080                    37.210
  CANADA         DOLLAR         1.4398       1.4365       1.4288                    1.4255
  CHINA,P.R.     YUAN           8.3100       8.3100       8.3100                    8.3100
  DENMARK        KRONE          6.8115       6.8285       6.8510                    6.8635
 *EURO COMMUNITY ECU            1.1065       1.1035       1.0980        H           1.0950
  FINLAND        MARKKA         5.4162       5.4302       5.4530                    5.4550
  FRANCE         FRANC          5.9819       5.9950       6.0190                    6.0335
  GERMANY        D. MARK        1.7875       1.7920       1.7991        O           1.8030
  GREECE         DRACHMA      282.00       282.85       284.02                    284.78
  HONG KONG      DOLLAR         7.7500       7.7490       7.7495                    7.7500
  INDIA          RUPEE         39.160       39.350       39.300         L          39.400
 *IRELAND        POUND          1.4420       1.4270       1.4220                    1.4175
  ITALY          LIRA        1756.20      1759.80      1769.00                   1772.10
  JAPAN          YEN          130.05       130.05       130.45          I         132.40
  MALAYSIA       RINGGIT        3.8950       3.8980       3.8850                    3.9800
  MEXICO         PESO           8.0840       8.0670       8.0700                    8.0600
  NETHERLANDS    GUILDER        2.0145       2.0194       2.0278        D           2.0322
 *NEW ZEALAND    DOLLAR         0.5835       0.5823       0.5803                    0.5770
  NORWAY         KRONE         7.3441       7.3444       7.3740                    7.3716
  PORTUGAL       ESCUDO         182.90       183.25       184.10        A           184.41
  SINGAPORE      DOLLAR           1.67         1.68         1.69                      1.70
  SOUTH AFRICA   RAND          4.8625       4.8630       4.8660                    4.8850
  SOUTH KOREA    WON         1450.00      1640.00      1695.00          Y        1695.00
  SPAIN          PESETA       151.400      151.650      152.400                   152.720
  SRI LANKA      RUPEE          61.750       61.700       61.800                    61.910
  SWEDEN         KRONA          7.8455       7.9093       7.9400                    7.9750
  SWITZERLAND    FRANC         1.4474       1.4558       1.4610                    1.4670
  TAIWAN         DOLLAR        32.800       32.750       32.800                    33.100
  THAILAND       BAHT          45.900       46.900       46.800                    48.300
 *UNITED KINGDOM POUND          1.6683       1.6552       1.6427                    1.6417

  MEMO:
**UNITED STATES  DOLLAR        99.20        99.47        99.81                    100.16

  *VALUE IS U.S. DOLLARS

  **INDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U.S.   DOLLAR AGAINST CURRENCIES OF OTHER G-10
  COUNTRIES.  MARCH 1973 = 100.  WEIGHTS ARE 1972-76  GLOBAL TRADE OF EACH OF THE 10 COUNTRIES.
  SERIES REVISED AS OF AUGUST 1978.  FOR  DESCRIPTION AND BACK DATA, SEE "INDEX OF THE
  WEIGHTED-AVERAGE EXCHANGE VALUE  OF THE U.S. DOLLAR: REVISION" ON PAGE 700 OF THE AUGUST
  1978 FEDERAL RESERVE BULLETIN.

  THIS RELEASE AND HISTORIC RATES ARE AVAILABLE ONLINE AT WWW.BOG.FRB.FED.US.

  FOR INFORMATION ABOUT YOUR SUBSCRIPTION TO THIS RELEASE OR ABOUT RECEIVING IT IN DOCUMENT
  FORM, PLEASE CALL PUBLICATIONS SERVICES AT THE FEDERAL RESERVE BOARD AT (202) 452-3244.




1FEDERAL RESERVE STATISTICAL RELEASE                                      January 16, 1998



  H.10(512)                    FOREIGN EXCHANGE RATES FOR THE WEEK ENDING  JANUARY 9, 1998

  The Board of Governors of the Federal Reserve System is advised that the Federal Reserve
  Bank of New York has certified for customs purposes the following noon buying rates in
  New York City for cable transfers payable in foreign currencies:


                 MONETARY                     (CURRENCY UNITS PER DOLLAR)
   COUNTRY         UNIT       Jan. 5       Jan. 6       Jan. 7       Jan. 8       Jan. 9

 *AUSTRALIA      DOLLAR         0.6418       0.6347       0.6415       0.6353       0.6470
  AUSTRIA        SCHILLING     12.733       12.733       12.843       12.807       12.796
  BELGIUM        FRANC         37.590       37.580       38.500       37.540       37.550
  CANADA         DOLLAR         1.4264       1.4310       1.4297       1.4317       1.4255
  CHINA,P.R.     YUAN           8.3100       8.3100       8.3000       8.3100       8.3100
  DENMARK        KRONE          6.9359       6.9345       6.9440       6.9310       6.9245
 *EURO COMMUNITY ECU            1.0848       1.0867       1.0848       1.0835       1.0858
  FINLAND        MARKKA         5.5225       5.5170       5.5244       5.5168       5.5102
  FRANCE         FRANC          6.0999       6.0968       6.1070       6.0905       6.0885
  GERMANY        D. MARK        1.8223       1.8210       1.8235       1.8203       1.8183
  GREECE         DRACHMA      288.06       288.00       288.58       287.67       287.64
  HONG KONG      DOLLAR         7.7500       7.7500       7.7360       7.7485       7.7500
  INDIA          RUPEE         39.480       39.550       39.760       39.800       39.950
 *IRELAND        POUND          1.3922       1.3780       1.3690       1.3640       1.3720
  ITALY          LIRA        1790.75      1788.40      1792.30      1788.60      1787.20
  JAPAN          YEN          133.99       133.88       131.70       132.49       131.52
  MALAYSIA       RINGGIT        4.1550       4.4650       4.5200       4.7300       4.6050
  MEXICO         PESO           8.0420       8.0400       8.0650       8.0770       8.0900
  NETHERLANDS    GUILDER        2.0557       2.0521       2.0560       2.0514       2.0498
 *NEW ZEALAND    DOLLAR         0.5690       0.5655       0.5692       0.5668       0.5725
  NORWAY         KRONE         7.4561       7.4625       7.5041       7.4887       7.4671
  PORTUGAL       ESCUDO         186.38       186.25       186.60       186.00       186.20
  SINGAPORE      DOLLAR           1.72         1.76         1.74         1.78         1.77
  SOUTH AFRICA   RAND          4.9145       4.9430       4.9315       4.9480       4.9315
  SOUTH KOREA    WON         1790.00      1748.00      1753.00      1790.00      1812.00
  SPAIN          PESETA       154.000      154.350      154.550      154.100      154.250
  SRI LANKA      RUPEE          62.000       63.000       62.100       62.100       62.100
  SWEDEN         KRONA          8.0217       8.0550       8.0559       8.0374       7.9885
  SWITZERLAND    FRANC         1.4803       1.4790       1.4765       1.4732       1.4763
  TAIWAN         DOLLAR        33.600       33.950       34.500       34.800       34.400
  THAILAND       BAHT          50.800       53.000       52.700       54.300       53.700
 *UNITED KINGDOM POUND          1.6330       1.6335       1.6253       1.6114       1.6165

  MEMO:
**UNITED STATES  DOLLAR       101.08       101.06       101.12       101.03       100.79

  *VALUE IS U.S. DOLLARS

  **INDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U.S.   DOLLAR AGAINST CURRENCIES OF OTHER G-10
  COUNTRIES.  MARCH 1973 = 100.  WEIGHTS ARE 1972-76  GLOBAL TRADE OF EACH OF THE 10 COUNTRIES.
  SERIES REVISED AS OF AUGUST 1978.  FOR  DESCRIPTION AND BACK DATA, SEE "INDEX OF THE
  WEIGHTED-AVERAGE EXCHANGE VALUE  OF THE U.S. DOLLAR: REVISION" ON PAGE 700 OF THE AUGUST
  1978 FEDERAL RESERVE BULLETIN.

  THIS RELEASE AND HISTORIC RATES ARE AVAILABLE ONLINE AT WWW.BOG.FRB.FED.US.

  FOR INFORMATION ABOUT YOUR SUBSCRIPTION TO THIS RELEASE OR ABOUT RECEIVING IT IN DOCUMENT
  FORM, PLEASE CALL PUBLICATIONS SERVICES AT THE FEDERAL RESERVE BOARD AT (202) 452-3244.




1FEDERAL RESERVE STATISTICAL RELEASE                                      January 16, 1998



  H.10(512)                   FOREIGN EXCHANGE RATES FOR THE WEEK ENDING  JANUARY 16, 1998

  The Board of Governors of the Federal Reserve System is advised that the Federal Reserve
  Bank of New York has certified for customs purposes the following noon buying rates in
  New York City for cable transfers payable in foreign currencies:


                 MONETARY                     (CURRENCY UNITS PER DOLLAR)
   COUNTRY         UNIT       Jan. 12      Jan. 13      Jan. 14      Jan. 15      Jan. 16

 *AUSTRALIA      DOLLAR         0.6430       0.6465       0.6470       0.6503       0.6614
  AUSTRIA        SCHILLING     12.783       12.808       12.833       12.803       12.836
  BELGIUM        FRANC         37.550       37.570       37.620       37.790       37.780
  CANADA         DOLLAR         1.4345       1.4362       1.4348       1.4369       1.4366
  CHINA,P.R.     YUAN           8.3100       8.3100       8.3100       8.3100       8.3089
  DENMARK        KRONE          6.9200       6.9348       6.9420       6.9730       6.9725
 *EURO COMMUNITY ECU            1.0865       1.0860       1.0840       1.0795       1.0795
  FINLAND        MARKKA         5.5090       5.5140       5.5150       5.5450       5.5300
  FRANCE         FRANC          6.0858       6.0957       6.1035       6.1333       6.1262
  GERMANY        D. MARK        1.8177       1.8203       1.8226       1.8310       1.8310
  GREECE         DRACHMA      287.63       287.26       287.10       288.80       288.40
  HONG KONG      DOLLAR         7.7440       7.7480       7.7455       7.7390       7.7380
  INDIA          RUPEE         39.970       40.000       40.300       40.400       40.000
 *IRELAND        POUND          1.3707       1.3752       1.3705       1.3710       1.3790
  ITALY          LIRA        1790.08      1791.01      1793.80      1802.20      1799.90
  JAPAN          YEN          132.83       131.72       131.43       130.41       128.88
  MALAYSIA       RINGGIT        4.6600       4.6000       4.3500       4.9500       4.1921
  MEXICO         PESO           8.3000       8.1700       8.2000       8.3000       8.2020
  NETHERLANDS    GUILDER        2.0482       2.0512       2.0540       2.0635       2.0640
 *NEW ZEALAND    DOLLAR         0.5705       0.5730       0.5770       0.5787       0.5883
  NORWAY         KRONE         7.5200       7.5390       7.5310       7.5422       7.5575
  PORTUGAL       ESCUDO         185.86       186.19       186.36       187.20       186.95
  SINGAPORE      DOLLAR           1.80         1.77         1.74         1.76         1.73
  SOUTH AFRICA   RAND          4.9900       4.9750       4.9450       4.9780       4.9760
  SOUTH KOREA    WON         1739.00      1765.00      1670.00      1608.00      1624.00
  SPAIN          PESETA       154.220      154.230      154.390      155.100      154.960
  SRI LANKA      RUPEE          62.100       62.000       62.250       62.050       62.150
  SWEDEN         KRONA          8.0425       8.0300       8.0256       8.0285       8.0233
  SWITZERLAND    FRANC         1.4744       1.4765       1.4828       1.4933       1.4975
  TAIWAN         DOLLAR        34.700       34.700       34.300       34.150       33.900
  THAILAND       BAHT          56.100       54.300       51.150       52.000       51.800
 *UNITED KINGDOM POUND          1.6221       1.6345       1.6301       1.6300       1.6337

  MEMO:
**UNITED STATES  DOLLAR       100.96       100.84       100.92       101.13       100.91

  *VALUE IS U.S. DOLLARS

  **INDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U.S.   DOLLAR AGAINST CURRENCIES OF OTHER G-10
  COUNTRIES.  MARCH 1973 = 100.  WEIGHTS ARE 1972-76  GLOBAL TRADE OF EACH OF THE 10 COUNTRIES.
  SERIES REVISED AS OF AUGUST 1978.  FOR  DESCRIPTION AND BACK DATA, SEE "INDEX OF THE
  WEIGHTED-AVERAGE EXCHANGE VALUE  OF THE U.S. DOLLAR: REVISION" ON PAGE 700 OF THE AUGUST
  1978 FEDERAL RESERVE BULLETIN.

  THIS RELEASE AND HISTORIC RATES ARE AVAILABLE ONLINE AT WWW.BOG.FRB.FED.US.

  FOR INFORMATION ABOUT YOUR SUBSCRIPTION TO THIS RELEASE OR ABOUT RECEIVING IT IN DOCUMENT
  FORM, PLEASE CALL PUBLICATIONS SERVICES AT THE FEDERAL RESERVE BOARD AT (202) 452-3244.