Selected Interest & Exchange Rates

Transcription

1 (51/517) Selected Interest & Exchange Rates December 1, 19 Prepared by the FINANCIAL MARKETS SECTION DIVISION OF INTERNATIONAL FINANCE BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM Washington, D.C

2 Table of Contents TABLES 1. LATEST FIGURES PLOTTED 2. DAILY CERTIFIED SPOT EXCHANGE RATES-- H. RELEASE CHARTS 1. SPOT EXCHANGE RATE INDICES 2. 3-MONTH FORWARD EXCHANGE RATES 3. GOLD PRICE-LONDON SUBSCRIPTION RATES: Weekly $15.00 per year or $.0 each in the United States, its possessions, Canada, and Mexico; or more of the same issue to one address, $13.50 per year or $.35 each. Elsewhere, S20.00 per year or $.50 each. Address requests to Publications Services, Division of Administrative Services, and make payment remittance payable to the order of the Board of governors the Federal Reserve Sysier collectible at par jrrency.. CALL MONEY RATES 5. 3-MONTH INTEREST RATES. EURO-DOLLAR DEPOSIT RATES 7. SELECTED EURO-DOLLAR AND U.S. MONEY MARKET RATES. INTEREST ARBITRAGE: 3-MONTH FUNDS 9. LONG-TERM GOVERNMENT BOND YIELDS. INDUSTRIAL STOCK INDICES

3 CHART 1 SPOT EXCHANGE INDICES DOLLAR PRICES OF FOREIGN CURRENCIES AND WEIGHTED AVERAGE VALUES (THIN LINE) AVERAGES FOR WEEK ENDING WEDNESDAY RATIO SCALE MARCH 1973=0 RATIO SCALE MARCH 1973=0 FOREIGN CURRENCY PRICE OF U.S. DOLLAR ITALIAN LIRA GERMAN MARK JAPANESE YEN CANADIAN DOLLAR DUTCH GUILDER U.K. POUND FRENCH FRANC I l!! I I I I I I! I I! I I I I I BELGIAN FRANC SWISS FRANC 19S 19

4 CHART 2 3-MONTH FORWARD EXCHANGE RATES PREMIUM (+) OR H AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM CANADIAN DOLLAR JAPANESE YEN PERCENT PER ANNUM A W - I I I I I I I I I! I I I I I U. K. POUND SWISS FRANC I I I I I I 111 ill ill 11 GERMAN MARK DUTCH GUILDER X / V ^ y I I I I I I! I!! I I!!! I i I!! I I I I I! I I! I FRENCH FRANC ITALIAN LIRA "W I!! I I I I I I! I 32 I ;S 1S 19 19

5 CHART 3 PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY U.S. DOLLARS PER FINE OUNCE 520 u - s - DOLLARS PER FINE OUNCE Kg BARS AFTERNOON FIXING PRICE

6 CHART CALL MONEY RATES WEEKLY SERIES PERCE 20 r PER ANNUM PERCENT PER ANNUM 20 1 U. S. FEDERAL FUNDS FRANCE JAPAN SWITZERLAND CANADA , ED KINGDOM GERMANY r\j NETHERLANDS ^wvvvn* X

7 CHART 5 3-MONTH INTEREST RATES WEEKLY SERIES NT PER ANNUM PERCENT PER Ah 1 U.S. CD'S CANADIAN FINANCE CO. PAPER WEIGHTED AVERAGE FOREIGN RATE 1 U.K. INTERBANK STERLING I FRENCH INTERBANK RATE I I I ! M ! 11 GERMAN INTERBANK RATE NETHERLANDS INTERBANK RATE y /v JAPANESE GENSAKi RATE SWISS INTERBANK RATE

8 CHART EURO-DOLLAR DEPOSIT RATES LONDON AVERAGES FOR WEEK ENDING WEDNESDAY NT PER ANNUM PERCENT PER AN OVERNIGHT 3-MONTH r~ 7-DAY -MONTH - -! V x! i l! 1 1 I! !! I 1-MONTH 1-YEAR f v, J \ A Vv VVvw- 19

9 CHART 7 SELECTED EURO-DOLLAR AND U. S. MONEY MARKET RATES DIFFERENTIAL: PLUS<+), FAVORS BORROWING IN U. S. AVERAGES FOR WEEK ENDING WEDNESDAY Pf RCfNl P[ n ANNUM 1 PERCENT PER ANNUM 1 FEDERAL FUNDS DASHED I INF. 3-MONTH EURO-DOLLAR DEPOSITS OVERNIGHT EURO -run L AR DFTO 90-DAY CD S J I 1 I I I I 1 LLLLLLJJ I I I I I I I DIFFERENTIAL DIFFERENTIAL i i i I I i I I I I I ii 1111 M I ii PERCENT ON [)IEI ERENTlAl SCALE =? I'f RCENT ON RATE SCALE

10 CHART INTEREST ARBITRAGE: 3-MONTH FUNDS DIFFERENTIAL: PLUS(+), INDICATES FAVOR DOLLAR ASSETS AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM 1 PERCENT PER ANNUM 1 EURO-DOLLAR DEPOSITS DASHED LINE CANADIAN FINANCE CO. PAPER, COVERED - INTERBANK STERLING COVERED LONDON U. S. COMMERCIAL PAPER llll11ii!iilllllli M I II ll I i DIFFERENTIAL Uirr tncntlal 2! i I t : I ; i I i ll INTERBANK DM COVERED FRANKFURT SWISS INTERBANK (SF) COVERED.AR DEPOSITS - V \ / r DIFFERENTIAL i r DIFFERENTIAL i 9

11 CHART 9 LONG-TERM GOVERNMENT BOND YIELDS WEEKLY SERIES PEP ENT PER ANNUM PEACES' PEP A! 1 UNITED STATES CANADA I I I I I I I I I I I I I I I I I I I I I I I I I UNITED KINGDOM SWITZERLAND j!! Ill II 1 GERMANY JAPAN 17 U. S. CORPORATE MONTHLY 17 A & BON FRANCE NETHERLANDS

12 CHART INDUSTRIAL STOCK INDICES WEEKLY SERIES RATIO SCALE 199=0 RATIO SCALE 199=0 UNITED STATES UNITED KINGDOM NETHERLANDS - SWITZERLAND / I 1!!!! 70, A 'A/ 250 FRANCE ERMANY JAPAN CANADA M

13 SERIES NAKE LAST VALUE PLOTTED DATE VALUE CHART 1. SPOT EXCHANGE BATES AND INDICES WEEKLY AVERAGES, NOON doximg BATES (U.S. CENTS) GEtiMAM HARK JAPANESE TEN DUTCH GUILDER U.K. POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC s LGIAN FRANC ITALIAN LIRA SWEDISH KRONA INDICES, BARCH 1973 BASE.SATES = 0 NOV. 2 NOV. 2 NOV. 2 NOV. 2 NOV. 2 NOV. 2 NOV. 2b NOV NOV 2 2 NOV GERMAN MARK NOT JAPANESE YEN for DUTCH GUILDER NOV U.K. POUND NOV CANADIAN DOLLAR NOV FRENCH FRANC NOV SWISS FRANC NOV BELGIAN FRANC NOV ITALIAN LIRA NOV GHTED AVERAGE EXCHANGE VALUE INDICES, MAR 1973 = 0 (G- COUNTRIES PLUS SWITZERLAND) U.S. DOLLAR GERMAN MARK JAPANESE YEN DUTCH GUILDER U.K. POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC oalgias FEAh'C ITALIA! LIRA SWEDISH KBOHA SOV. 2b NOV. 2 NOV. 2 SOV. 2 NOV. 2 NOV. 2 NOV. 2b HOT. 2 MOT. 2 o NOV. 2 NOV CHART 2. 3-MONTH FORWARD EXCHANGE, PREMIUM OR DISCOUNT CASADIAK i/ollar J. K. POUND GZKfiAN MARK FRENCH FRANC SWISS FRANC DUTCH GUILDER JAPANESE XEH ITALIAN LISA HOT NOT NOV NOV NOV NOV MOV NOV

14 SERIES NAME LAST VALUE PLOTTED DATE VALUE CHART 3. GOLD PRICE IM LONDON, AFTERNOOE FIXING U.S. DOLLARS PER FINE OUNCE NOV CHART. CttLL MONET RATES U.S. FEDERAL FUNDS NOV OVERNIGHT EURO-DOLLAR DEPOSITS NOV U. K. NOV CANADA NOV GERMANY NOV JAPAN NOV FRANCE NOV NETHERLANDS NOV SWITZERLAND NOV CHART 5. j-wonth INTEBEST RATES U.S. 90-DAI CD'S, SECONDARY HARKET NOV GERMAN INTERBANK LOAN NOV JAPANESE GENSAKI RATE NOV. 2.1 CANADIAN FINANCE PAPER NOV INTERBANK STERLING NOV SWISS INTERBANK LOAN NOV FRENCH INTERBANK RATE NOV. 2b 7.51 NETHERLANDS INTERBANK RATE NOV. 2» 5. 0 SIGHTED AVERAGE FOREIGN INTEREST RATE NOV. 2o. o ;G- COUNTRIES PLUS SWITZERLAND) CHAHi b. iliso-dollar DEPOSIT RATES: LONDON OVERNIGHT NOV DAY HOY S* 1-MONTH NOV MONTH NOV MONTH NOV, WEAR NOV SELECTED EURO-DOLLAR AND U.S. MONEY MARKET KATES OVERNIGHT EURO-DOLLAR DEPOSITS NOV. 2b 5.9c U.S. FEDERAL FUNDS NOV DIFFERENTIAL NOV MUNTH EURO-DOLLAR DEPOSIT RATE NOV U.S. 90-DAY CD'S, SECONDARY MARKET NOV DIFFERENTIAL HOT. 2o Q. 23

15 SERIES NAME LAS I VALUE PLOTTED DATE VALUE CHAfi'i o. IMTEEEST AEBITEAGE, 3-MONTH FUNDS EUEG-DOLLAE DEPOSIT NOV INTERBANK STEELING (LONDON), COVEfiED NOV DIFFEEEMTIAL NOV U.S. COHMEECIAL tapem. NOV CANADIAN FINANCE PAPEE, COVEHED NOV DIf'FEEENTIAL NOV EUEO-DOLLAR DEPOSIT NOV INTERBANK Dfi (FfiAtiKFUET), COVEEED MOV DIFFEEEMTIAL NOV EUHO-DOLLAE DEPOSIT NOV SkiSS INTERBANK, t-ovebed NOV. 2t>. 03 DIFFEEEMTIAL NOV CHART 9. LONG TEEM GOVEEMEMT BOND YIELDS UNITED STATES MOV GERMANY NOV JAPAN (HONTHLJ) NOV SWITZERLAND NOV.. 15 CANADA NOV FBAHCE NOV KilHifeL Ai'DS (20HIHLX) OCT.. 22 UN II ED KliiGDOH NOV U.S. COftPCBATB AAA BONDS JUNE 9.13 CEial. STOCK INDICES SITED STATES UNITED KINGDOM CA&'ADA GEEHAMI SilTiEELAND SETHZklA&DS FRANCS JAPAii NOV NOV MOV MOV NOV b'ov MOV NOV

16 FEDERAL RESERVE statistical release H. (5) FOREIGN EXCHANGE RATES NOVEMBER 2, 19 rot. THE MEEK ENDING NOVEMBER 2, 19 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: COUNTRY MONETAE! (CURRENCY OMITS PEB DOLLAE) OKU NO*. 2* NOV. 25 NOV. 2 NOV. 27 NOV. 2 AUSTRALIA DOLLAR AUSTRIA SCHILLING BELGIUM FRANC BRAZIL CRDADO CAM AX) A DOLLAR CHINA,P.h. XOAN J DBNBAEK KEOKE E FINLAND MARKKA FRANCE FRANC GEESAHI D. MARK GREECE DRACHMA HONG KONG DOLLAR INDIA RUPEE L *IEELAND POUND ITALI LIRA JAPAN TEN MALAYSIA IKGGIT NETHERLANDS GUILDER 2.( *NE ZEALAND DOLLAR D KO&WAI KECKS 7.= PORTUGAL ESCODO 9.9O SINGAPORE DOLLAR A SOOTH AFRICA RAND SOUTH KOREA tfo * SPAIN PESETA X SRI LAIKA ROPES SB3EE KRONA SUTHERLAND FRANC TAISAN DOLLAR 3o.3b o.30 A THAILAND BAsT! 2.3 : zc.250 2b.2o0 *3KITED KIH3D0E POUND MEMO: OSITED STATES DOLLAR INDEXtii 1EIGH! ttio AWt&AGE EXCHANGE VALUE Of O.S. DOLLAE AGAINST uuiuusatu.jss or OIHEM ti-iu COONTBIES. MARCH 1973 = 0. EIGHTS A EE GLOBAL TRADE OF EACH OF THE COUNTRIES. SEEIBS B7ISSD AS Of AUGUST 1*7. FOE DBSC1PTIOE LED SACK DATA, SEE «Ifci> X Of IEE ssigeted-ateeage EXCHANGE TtLUE Of THE U.S. OOLLAE: EETISiOM" OK PAGE 700 Of SHE AuGuST 197 FEDERAL RUSERYB BDLLSTIfi. VALUE IS O.S. CENTS