selected interest & exchange rates...u.s. d 800 750 700 650 600 550 500 450 400 350 300 250 200...

( 5 1 6 / 5 1 7 )

u!?sSU »*»*

Selected Interest & Exchange Rates Weekly Series of Charts

i December 2 7 , 1 9 8 2

Prepared by the FINANCIAL MARKETS SECTION

DIVISION OF INTERNATIONAL FINANCE

BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM Washington, D C. 20551

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Table of Contents

TABLES

1. LATEST FIGURES PLOTTED

2. DAILY CERTIFIED SPOT EXCHANGE RATES--H.10 RELEASE

CHARTS

1. SPOT EXCHANGE RATE INDICES

2. 3-MONTH FORWARD EXCHANGE RATES 3. GOLD PRICE -LONDON

4. CALL MONEY RATES

5. 3-MONTH INTEREST RATES

6. EURO-DOLLAR DEPOSIT RATES 7. SELECTED EURO-DOLLAR AND

U.S. MONEY MARKET RATES

8. INTEREST ARBITRAGE: 3-MONTH FUNDS

9. LONG-TERM GOVERNMENT BOND YIELDS

10. INDUSTRIAL STOCK INDICES

SUBSCRIPTION RATES:

Weekly $15.00 per year or $.40 each in the United States, its possessions, Canada, and Mexico; 10 or more of the same issue to one address, $13.50 per year or $.35 each. Elsewhere, $20.00 per year or $.50 each. Address requests to Publications Services, Divi-sion of Administrative Services, and make payment remittance payable to the order of the Board of Governors of the Federal Reserve System in a form collectible at par in U.S. Currency.


U H A R T 1

SPOT EXCHANGE INDICES DOLLAR PRICES OF FOREIGN CURRENCIES AND WEIGHTED AVERAGE VALUES (THIN LINE)

AVERAGES FOR WEEK ENDING WEDNESDAY

RATIO S C A L E MARCH 1 9 7 3 = 1 0 0

RATIO S C A L E MARCH 1 9 7 3 = 1 0 0

160

140 FOREIGN CURRENCY PRICE OF U.S. DOLLAR

-

120 -

100 — / -

80 M I M I M I M

UK. POUND

GERMAN MARK

JAPANESE YEN

SWISS FRANC

. 180

-DUTCH GUILDER

- 160

- 140

- 120

" i i i I I I

, y nil HmTm"

100

CANADIAN DOLLAR

FRENCH FRANC

ITALIAN LIRA BELGIAN FRANC

1980 1982 1980 1982


6

+ 0

6

6

+ 0

6

12

12

6

0

6

• 0

6

12

CHART 2

3-MONTH FORWARD EXCHANGE RATES PREMIUM (• ) OR ( - )


- ITALIAN LIRA —

I I I Y \(YV/V^ CANADIAN DOLLAR

U. K. POUND

DUTCH GUILDER

SWISS FRANC GERMAN MARK

FRENCH FRANC

JAPANESE YEN

1980 1982 1980 1982


U.S. D

800

750

700

650

600

550

500

450

400

350

300

250

200

150

100

600

750

700

650

600

550

500

450

400

350

300

250

200

150

100

PER FINE OUNCE

CHART 3

PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY

U.S. DOLLARS PER FINE

12.5 Kg BARS AFTERNOON FIXING PRICE

i i I i i I i i I i i I i i I i i I i i

1979 1980 1981 1982


28

24

20

16

12

8

4

24

20

16

12

8

4

0

24

20

16

12

8

4

0

CHART 4

CALL MONEY RATES WEEKLY SERIES

SIT PER ANNUM PERCENT PER AL

U. S. FEDERAL FUNDS U. K. 2-DAY LOCAL AUTHORITY

EURO-SWISS FRANC

FRANCE

JAPAN

-

CAN

I n I j]fA~

NETHEF (LANDS

r \

1 1 1 I I I | | | | | | | I | I I i i i i i i i i i i i

GERMANY

EURO-DM

1980 1982 1980 1982


20

16

12

8

4

26

22

18

14

10

6

16

12

8

4

20

16

12

8

4

20

16

12

8

4

0

12

8

4

0

CHART 5

3-MONTH INTEREST RATES WEEKLY SERIES

:NT PER AN MUM PERCENT PER Ah

U.S. CD S

WEIGHTED AVERAGE FOREIGN RATE

U.K. INTERBANK STERLING

CANADIAN FINANCE CO. PAPER GERMAN INTERBANK RATE

I I I I I I

JAPANESE BANK LOANS AND DISCOUNTS

SWISS INTERBANK RATE

1980 1982 1980 1982


24

20

16

12

8

4

24

20

16

12

8

4

24

20

16

12

8

4

CHART 6

EURO-DOLLAR DEPOSIT RATES LONDON AVERAGES FOR WEEK ENDING WEDNESDAY

PER ANNUM PERCENT PER

OVERNIGHT 3-MONTH

7-DAY

1-MONTH 1-YEAR


e ^ » e e # e e # t # • • C H A R T 7

SELECTED EURO-DOLLAR AND U. S. MONEY MARKET RATES DEFERENTIAL: PLUS(+), FAVORS BOBROWNG IN U. S.

AVERAGES FOR WEEK ENOMG WEDNESDAY PERCENT PER ANNUM

PERCENT PER ANNUM

— I 26 26

3-MONTH E U R O - D O L L A R D E P O S I T S 22

22

FEDERAL FUNDS

V V

r 90-DAY CD' S I OVERNIGHT

E U R O - D O L L A R D E P O S I T S

3 3

2

1

+ 0

1

DIFFERENTIAL 2

3

4

1960 1962 1 P E R C E N T O N D I F F E R E N T I A L S C A L E = 2 P E R C E N T ON R A T E S C A L E


PERCENT PER ANNUM

28

2 0 -

12

2

28

2 0 -

CHART 8

INTEREST ARBITRAGE: 3-MONTH FUNDS DIFFERENTIAL: PLUS(+), INDICATES FAVOR DOLLAR ASSETS


12 -

EURO-DOLLAR DEPOSITS DASHED LINE

INTERBANK STERLING COVERED LONDON

Jul 11II 11 III

DIFFERENTIAL

ill

INTERBANK DM COVERED FRANKFURT


I II I I I I I II I I

-

j

DIFFERENTIAL

A

I I r i f

1980 1982

1 P E R C E N T ON D I F F E R E N T I A L S C A L E = 2 P E R C E N T ON RATE S C A L E

PERCENT PER ANNUM

28

—

CANADIAN FINANCE CO. PAPER, COVERED

—

/ A

7/ v A /

^ —V V "X.

1 / V

v y 1 v l l

\\l\ -

\ U. S. COMMERCIAL PAPER

I I I 11111111111

SWISS INTERBANK (SF) COVERED


20

12

— DIFFERENTIAL —

y u 1 1 1

l Y x W v v ^

4

28

20

12

DIFFERENTIAL 2

+ 0

11 III h i l l I 2

1980 1982 #r


19

15

11

7

15

11

7

13

9

5

22

18

14

10

6

CHART 9

LONG-TERM GOVERNMENT BOND YIELDS WEEKLY SERIES

ENT PER ANNUM PERCENT PER AL

UNITED STATES

UNITED KINGDOM

MONTHLY

JAPAN

CANADA

I n l i i l i i l i i l n l

U. S. CORPORATE MONTHLY

— Aaa BONDS / \ f \ —

-

- A / -

I I I

EURO-DOLLAR BONDS ~

— SWITZERLAND —

1 1 1 I I I

—

GERMANY

FRANCE

NETHERLANDS

1980 1982 1980 1982


RATIO : 1 9 6 9 = '

180

160

140

120

100

80

140

120

100

80

140

120

100

80

140

120

100

80

60

CHART 10

INDUSTRIAL STOCK INDICES WEEKLY SERIES

CALE

UNITED STATES

UNITED KINGDOM

FRANCE

RATIO 19c

JAPAN

\ GERMANY -

Vv I I I

4 Z ^

i i i

y v zx/1

i l l i i h i l i i

SWITZERLAND

CANADA NETHERLANDS

I 11 II LiJ

1980 1982 1980 1982


# SEBIES NAME

CHABT 1- SPOT EXCHANGE SATIS AND INDICES

LASS? VALUE fLQTTED DATE VALUE

WEEKLY AVEBAGES, NOON BOXING BATES .((US. CENTS)

GEBjULN MASK JAPANESE YEN DUTCH GOILDEB U.K. BOUND CANADIAN DOLLAB FBENCH FBANC SWISS FBANC BELGIAN IBANC ITALIAN LIBA

INDICES# HAfiCfl 1973 BASE BATES = 100

GEBHAN MBK JAPANESE YEN DUTCH GUXLDEB U- K- POUND CANADIAN DOLLAB FRENCH FBANC SWISS FBANC BELGIAN IBANC ITALIAN IlLBA

WEIGHTED AVEBAGE EXCHANGE VALUE INDICES, MAS 1973 (G-10 COUNTBIES PLUS SWITZERLAND)

U . S . DOLXAB GESMAN MABK JAPANESE YEN DUTCH GUXLDEB U.K. POUND CANADIAN DOLLAB FBENCH FBANC SWISS FBANC BELGIAN FBANC ITALIAN LIBA SWEDISH KBONA

DEC. 22 DEC, 22 DEC, 22 DEC. 22 DEC. 22 DBC. 22 DEC. 22 DEC. 22 DEC. 2 2

4 1 . 4 4 0 .4117.1

3.7.50 160 .84 80.81 1,4.62 4 , 9 . J12 2.112211 flu 07.158

DBC. 2 2 116,. 57 DEC. 2 2 .107. 80 DEC, 2 2 102 . 66 DEC. 22 6 5 . 05 DEC. 22 8=0. 54 DEC., 2 2 6 5 . 90 DEC. 2 2 158 . 02 DEC. 22 8 3 . 23 DBC. 22 * 0 . 66

100

DEC. 22 J119.J17 DEC., 22 1 4 1 . 6 9 DEC. 22 1 2 6 . 9 5 DBC. 22 1 2 5 . 4 3 DEC. 22 7 2 . 4 5 DEC. 22 9 1 . 8 9 DEC. 22 73., 27 DEC. 22 184 .54 DEC. 22 9 5 . 3 2 DEC. 22 4 4 . 0 4 DBC. 22 6 8 . 2 1

CHABT 2 . 3-HONTH FOBWARD EXCHANGE BATES, PBEMIUM OB DISCOUNT

CANADIAN DOLLAB D B C - J * ^ U.K. BOUND D B C » %% G3BMAN MABK D E C " FBENCH FBANC D B C - § t

5£ i -All e


SEPIES NAZIS

CHAM 3* GOLD PRICE IN LONDON, AFTERBOOB FIXING

U . S . DOLLARS PER FINS OUNCE

CHART 4 . CALL HONEY RATES

(JUS.. FEDERAL FUNDS OVERNIGHT EURO* DOLLAR DEPOSITS 0L.K. 2-D&Y LOCAL AUTHORITY DEPOSITS CANADA GERMANY EURO-DH -JAPAN FRANCE HE2'HERLANDS EURO—SWISS FRANC

CHART 5 . 3-MONTH INTEREST RATES

S . 9 0 - M Y C D ' S , SECONDARY MARKET GERMAN INTERBANK LOAN JAPANESE BANK LOANS 6 DISCOUNTS CAJSAOIAJ8 FINANCE PAPER INTERBANK STERLING SWISS INTERBANK LOAN WEIGHTED AVERAGE FOREIGN XNTERES3 BATE

(G-10 COUNTRIES PLUS SWITZERLAND)

LAST VALUE PLOTTED DATE VALUE

DEC, 22 44JL.40

DEC. 22 4 . 6 9 DEC. 22 8 . 63 DSC, 24 1 a . 63 DEC, J 7 10 .64 DEC., 24 6 . 0 0 DEC. 17 5 . 6 9 DEC. 24 6 . 8 8 DSC. 24 U . 8 8 JAN. 1 1 4 . 3 0 DlC. 17 1 .27

DEC. 22 8„ 64 DSC. 22 6 . 5 4 DEC, 22 7*09 DSC., 22 1 0 . 2 9 DEC. 22 1<L 80 DEC, 22 3 . 9 5 DEC. 2 2 19.10

#

CHART 6 . EURO-DOLLAR DEPOSIT RATES: LONDOM

OVERNIGHT DSC. 22 8 , 6 3 7-DAI DEC. 22 8 . 8 8 1-MCBTH DtiC. 22 9 . 4 4 3-MONTH DEC. 22 9 . 5 6 6-MONTH DEC* 22 9 . 7 8 1-YEAR DEC. 22 9 . 9 1

CHART 7 . SELECTJBD EURO-DOLLAR AND U . S . MONEY MARKET RATES

OVERNIGHT EURO-DOLLAR DEPOSITS U . S . FEDERAL FUNDS DIFFERENTIAL ADJ. FOR RESERVE REQUIREMENTS

3-MONTH EUBO-DOLLAR DEPOSIT RATE UiS . SO-DAY CD'S , SECONDARY MARKET DIFFEREBTI&L

DEC. 22 8 . 6 3 DEC. 22 8 . 6 9 DEC. 22 -41. 06

DEC. 22 9 . 5 6 DEC. 22 8 . 6 4 DEC, 22 0 . 9 2


# SBBIBS NAflE

CHABT 8» INTEREST ARBITRAGE, 3-HONTH FUNDS

LAST YALOB PLOTTED DAM YALOB

EURO—DOLLAR DEPOSIT DEC. 22 9 . 5 6 INTEfiBABE STERLING (LONJ)ON) , COVERED DEC. 2.2 , 9 .55 DIFFERENTIAL DEC. 22 0 . 0 1

U . S . COHHERCIAL PAPER DEC. 22 a . *8 CANADIAN FINANCE PAPBB, COVBBBD DEC, 22 =9.32 DIFFBBBNTIAL DEC- 22 - 3 . 8 4

EOEO-DPX1AB DEPOSIT DEC. 22 .9 .56 INTERBANK DH (FRANKFURTJ, COVBBBD DEC. 22 .9 .84 DIFFERENTIAL DEC. 22 - 4 . 2 8

EURO-DOLAAR DEPOSIT DEC- 22 9 . 5 6 S U S S INTERBANK, COVBBBD DEC. 22 9 - 6 5 DIFFERENTIAL DBC. 22 - 4 . 0 8

9 . LONG TBBfl GOVBRHENT BOND YIELDS

UNITED STATES DEC- 34 1 0 . 5 6 GERMANY DEC. 17 2 . 8 8 JAPAN (H0NTHLI) HQY„ 8 . 1 3 SMITZBBLAMD NQV. 2 6 A. 27 CANADA DBC. 17 1 1 . 9 9 FRANCE OCT. 8 1 5 . 3 0 NETHERLANDS JAN. 1 1 1 . 4 2 UNITED KINGDOM DBC. 1/7 1 0 . 87

S - COBPOBATB

AAA BONDS NOV, 1 1 . 8 8 EOBO-DOL1AB BONDS OCT. 1 1 . 6 3

10., STOCK INDICES

UNITED STATES DBC. 22 1 4 3 . 6 1 UNITED KINGDOM DBC. 22 4 3 0 . 4 6 CANADA DBC. 22 1 8 5 . 4 3 GEBHANY DBC. 22 1 0 1 . 5 3 SNITZBBLAND DBC. 22 9 3 . 7 3 NETHERLANDS DEC. 22 9 9 . 5 7 FRANCE DBC. 22 i o a . 2 2 JAPAN DBC. 21 . 152 ,52

%


# FEDERAL RESERVE statistical release mi

H. 10 (512J FOREIGN EXCHANGE RATES DiCJBHBIB 29, 1985

tQB THE USEE BNDING S50BMBBB 2 4 , 1 9 8 2

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 followinfgnoon buying rate in New York City for cable transfers payable in foreign currencies:

COOHTBI MONETAEX

UNIT [CDfiBEBCI OBXa IS PBB DC1LAB1

COOHTBI MONETAEX

UNIT DEC. 2 0 DEC. 2 1 DEC. 2 2 DEC. 2 3 DEC. 2 4

ABGEMXXNA PBSQ 4 3 8 4 0 . 0 0 4 3 8 4 0 * 0 0 4 3 8 4 0 . 0 0 4 3 8 4 0 . 0 0 4 3 8 4 0 . 0 0 •AOSTBALIA DOLLAJB 9 6 , 7 2 9 6 . 9 8 9 7 - 1 8 9 7 . 1 7 9 7 . 4 0

AUSTRIA SCHILLING 17-0 .20 * 6 . 9 3 0 1 6 . 9 2 0 1 6 . 9 0 0 1 6 . 8 5 Q BELGIUM PBAMC 4 7 . 2 2 0 4 7 . 1 0 0 4 6 . 9 6 0 <46.910 4 6 . 8 4 4 BBAZ1L CBOZEIBO 2 4 4 . 8 6 2 4 8 . 8 2 2 4 8 . 8 2 2 4 8 . 8 2 2 4 8 . 8 2 CANADA DOLLAB 1 * 2 3 6 1 1 . 2 3 7 4 1 . 2 3 2 6 1 * 2 3 8 8 1 . 2 4 0 8 CHILE PESO 7 2 . 2 5 0 7 . 2 . 2 5 0 7 2 . 2 5 0 7 2 . 2 5 0 7 2 . 2 5 0 CHINA, P - B - XUAM 1 . 9 3 7 2 1 . 9-372 1 . 9 3 7 2 1 . 9 3 7 2 1 . 9 3 7 2 COLOMBIA PESO 6 9 . 6 8 0 6 9 , 6 8 0 6 9 . 8 7 0 6 9 * 8 7 0 6 9 . 8 7 0 PENHABK KB01B 8 . 5 2 0 0 8 . 4 7 2 5 8 . 4 9 0 0 8 . 4 5 0 0 8 . 4 5 5 0 FINLAND HASX&A 5 . 3 4 8 0 5 . 3 3 3 0 5 . 3 2 5 0 5 - 3 2 3 0 5 . 3 3 0 0 tUhUCB FBAMC 6 . 8 4 0 0 6 . 8 1 5 0 6 . 8 1 7 5 6 . 8 0 5 4 6 - 7 8 0 . 0 GBBMiAMI D. MABK 2 . 4 9 7 5 2 . 4 0 7 0 2 . 4 0 5 0 2 . 3 9 5 5 2 . 3 9 0 0 GREECE OBACHMA 7 , 0 . 7 5 0 70., 8 5 0 7 0 . 7 5 0 7 1 . 0 Q 0 7 1 . 4 0 0 HONG KOHG DOLLAB 6 . 5 4 0 0 6 . 5 4 0 0 6 . 5 3 0 0 6 . 5 3 0 0 6 . 5 3 0 0 1MDIA BilPBB 9 . 7 3 0 0 9 * 7 3 4 0 9 . 7 3 0 0 . 9 - 7 2 0 0 9 . 7 2 4 4 1HOOHBSIA BOPIAH 6 8 7 . 0 0 6 8 7 . 0 0 6 9 0 . 2 5 6 9 0 . 2 5 6 9 0 . 2 5 IBAH BIAL NA NA MA NA MA

•IBELAMD POUND 1 3 7 . 4 0 1 3 8 . 4 0 1 3 8 . 2 5 1 3 8 . 5 0 4 3 8 - 8 0 1SBAB1 SHEKEB 3 3 . 1 9 0 3 3 . 1 9 0 3 3 . 1 4 0 3 3 . 1 4 0 3 3 - 1 4 0 ITALX LISA 1 3 9 5 . 5 0 3 3 9 3 . 0 0 # 3 8 1 . 4 0 1 3 8 5 - 0 0 1 3 8 6 . 0 0 JAPAN IBM 2 4 4 . 4 5 2 4 2 . 1 0 2 4 0 . 5 0 238a. 10 2 3 8 . 1 0 MALAYSIA DOLLAB 2 . 3 5 9 5 2 . 3 5 9 0 2 . 3 4 6 0 2 - 3 4 7 5 2 - 3 4 7 5 MEXICO PESO 1 4 5 . 0 0 0 0 1 5 3 . 0 0 0 0 1 5 3 . Q 0 0 0 1 6 1 . 0 0 0 0 1 6 4 . 0 0 0 0 MBTHBBLAMDS GOILDBB 2 . 6 7 0 0 2 . 6 6 6 5 2 . 6 5 8 0 2 . 6 5 2 4 2 . 6 4 0 0

**BH ZEALAND DOLLAB 7 2 - 3 7 0 7 2 . 5 5 0 72 . -700 7 2 . 6 7 0 7 2 . 7 0 0 HOBDAI KfiONE 7 . 0 2 0 0 7.. 0 4 7 5 7 . 0 8 0 0 7 . 0 6 7 5 7 . 0 9 2 5 PEBU SOL 9 4 3 . 8 0 9 4 3 . 8 0 9 7 0 . 8 3 9 7 0 . 8 3 9 7 0 . 8 3 P H I L I P P I N E S PESO 9 . 0 7 9 0 9 . 0 7 9 0 9 . Q 9 4 0 9 . 0 9 4 0 9 . 0 9 4 0 POBTOGAL BSCODQ 9 3 . 2 5 0 9 1 . 2 5 0 9 2 . 4 0 0 9 2 - 0 0 Q 9 3 - 0 0 0 . SIMGAPOBE DOLLAB 2 . 1 5 6 0 2 . 1 4 7 0 2.. 1 3 8 0 2 . 1 3 7 5 2 - 1 5 7 5

•SOOTH AEBICA HAND 9 2 . 1 0 9 2 , 1 0 9 2 . 3 5 9 2 - 3 5 9 2 - 3 7 SOOTH 80BBA HOB 7 4 5 . 6 5 7 4 6 . 9 5 7 4 6 - 9 5 7 4 6 . 9 5 7 4 6 . 9 5 SPAIN PESETA 1 2 7 . 9 0 0 1 2 7 . 3 4 0 1 2 7 . 0 3 4 1 2 7 . 0 0 0 1 2 6 - 8 5 0 S B I LANKA BUPBE 2 1 . 1 1 0 2 1 . 1 6 0 2 1 . 1 6 0 2 1 - 1 6 0 2 1 - 160 SWEDE* KBOBA 7 . 3 7 2 5 7 . 3 5 0 0 7 . 3 5 0 0 7 . 3 3 7 0 7 . 3 3 0 0 SWITZERLAND PBANC 2 . 0 . 3 6 0 2 . 0 2 1 0 2 . 0 1 9 0 2 . 0 1 4 0 2 . 0 0 1 0 THAILAND BAHT 2 3 . 0 0 0 2 3 . 0 0 0 23.. 0 0 0 2 3 . 0 0 0 2 3 . 0 0 0

•UNITED KINGBOa POUND 1 6 1 . 0 5 1 6 0 - 4 5 1 6 0 . 7 0 1 5 9 . 5 0 1 6 0 . 0 0 VENEZUELA BOLIVAB 4 . 2 9 7 0 " 4 . 2 9 7 0 4 . 2 9 7 0 4 . 2 9 7 0 4 . 2 9 7 0

* VALUE I S 0 - S - CENTS


selected interest & exchange rates...u.s. d 800 750 700 650 600 550 500 450 400 350 300 250 200...

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