Selected Interest & Exchange Rates

Transcription

1 (56/5) Selected nterest & Exchange Rates Weekly Series of Charts June 2,995 Prepared by the FNANCAL MARKETS SECTON DVSON OF NTERNATONAL FNANCE BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM Washington, DuC. 2058

2 Table of Contents TABLES. LATEST FGURES PLOTTED 2. DALY CERTFED SPOT EXCHANGE RATES H.0 RELEASE CHARTS. SPOT EXCHANGE RATE NDCES 2. 3-MONTH FORWARD EXCHANGE RATES 3. GOLD PRCE LONDON 4. CALL MONEY RATES 5. 3-MONTH NTEREST RATES 6. EURO-DOLLAR DEPOST RATES. SELECTED EURO-DOLLAR AND U.S. MONEY MARKET RATES 8. NTEREST ARBTRAGE: 3-MONTH FUNDS 9. LONG-TERM GOVERNMENT BOND YELDS 0. NDUSTRAL STOCK NDCES SUBSCRPTON RATES: Weekly $30.00 per year or $.0 each in the United States, its possessions, Canada, and Mexico. Elsewhere. $35.00 per year or $.80 each. Address requests to Publications Services Division of Support 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.

3 CHART SPOT EXCHANGE NDCES DOLLAR PRCES OF FOREGN CURRENCES AND WEGHTED AVERAGE VALUES (THN LNE) AVERAGES FOR WEEK ENDNG WEDNESDAY RATO SCALE MARCH 93=00 20 FOREGN CURRENCY PRCE OF U.S. DOLLAR 00 BELGAN FRANC RATO SCALE MARCH 93= «' '» ' ' SWSS FRANC JAPANESE YEN U.K. POUND CANADAN DOLLAR ' ' ' ' ' ' DUTCH GULDER GERMAN MARK 95 5»» FRENCH FRANC TALAN LRA i i i i i i i i i i i » Digitized for FRASER 5

4 2 CHART 2 3-MONTH FORWARD EXCHANGE RATES PREMUM (+) OR H AVERAGES FOR WEEK ENDNG WEDNESDAY U.K. POUND 2 CANADAN DOLLAR JAPANESE YEN SWSS FRANC DUTCH GULDER FRENCH FRANC % TALAN LRA

5 CHART 3 PRCE OF GOLD N LONDON AVERAGES FOR WEEK ENDNG WEDNESDAY U.S. DOLLARS PER FNE OUNCE 420 U.S. DOLLARS PER FNE OUNCE Kg BARS AFTERNOON FXNG PRCE

6 CHART 4 CALL MONEY RATES WEEKLY SERES 0 SWTZERLAND U.S. FEDERAL FUNDS JAPAN NETHERLANDS GERMANY FRANCE CANADA UNTED KNGDOM

7 CHART 5 3-MONTH NTEREST RATES WEEKLY SERES 0 ENT PER ANNUM PERCENT PER AM 9 CANADAN FNANCE PAPER 8 WEGHTED AVERAGE FOREGN RATE U.S. CD'S 2 2 i i i i i i i i i i i i i i i i i i i i i i i i 3 0 NETHERLANDS NTERBANK RATE 9 U.K. NTERBANK STERLNG i ' ' i»»»»» «3 3 5 JAPANESE CD RATE FRENCH NTERBANK RATE i» i i i ' ' ' i i»^i i i i i i i i i 5 8 GERMAN NTERBANK RATE 9 6 SWSS NTERBANK i i l i i i i i i i i i ' «' «'

8 CHART 6 EURO-DOLLAR DEPOST RATESLONDON AVERAGES FOR WEEK ENDNG WEDNESDAY 8 8 OVERNGHT 3-MONTH 6 i i i i ' ' ' i [ 2 8 -DAY 6-MONTH 6 ' ' i i i i i i i i i '» ' -MONTH -YEAR 6 ' '

9 CHART SELECTED EURO-DOLLAR AND U.S. MONEY MARKET RATES DFFERENTAL: PLUS(+), FAVORS BORROWNG N U.S. AVERAGES FOR WEEK ENDNG WEDNESDAY ML i OVERNGHT EURO-DOLLAR DEPOSTS 3-MONTH EURO-DOLLAR DEPOSTS FEDERAL FUNDS DASHED LNE 90-DAY CD'S DASHED LNE J L J L J L_J L DFFERENTAL DFFERENTAL, * A n.a, ^.ftr\,. Digitized for FRASER J L J L J L

10 CHART 8 NTEREST ARBTRAGE: 3-MONTH FUNDS DFFERENTAL: PLUS(+), NDCATES FAVOR DOLLAR ASSETS AVERAGES FOR WEEK ENDNG WEDNESDAY 6 NTERBANK STERLNG COVERED LONDON CANADAN FNANCE CO. PAPER, COVERED 5 EURO-DOLLAR DEPOSTS DASHED LNE U.S. COMMERCAL PAPER DASHED LNE 3 ' i i ' i i i i i i _L_L i i i ' '» DFFERENTAL DFFERENTAL ' '» '» 6 NTERBANK DM COVERED FRANKFURT SWSS NTERBANK (SF) COVERED EURO-DOLLAR DEPOSTS A DASHED LNE ^URO-DOLLAR DEPOSTS DASHED LNE 3 '» ' ' i i '»» DFFERENTAL DFFERENTAL >a/\aa\ ^ \ffo~ J_L» ' » * ' ' ' ' ' ' '

11 CHART 9 LONG-TERM GOVERNMENT BOND YELDS WEEKLY SERES 9 UNTED KNGDOM CANADA FRANCE SWTZERLAND JAPAN NETHERLANDS GERMANY i i i i i i i i i

12 RATO SCALE 986= i UNTED STATES CHART 0 STOCK NDCES WEEKLY SERES UNTED KNGDOM RATO SCALE 986= SWTZERLAND JAPAN» J_L GERMANY CANADA ' ' ' FRANCE i i NETHERLANDS » i» ' i i ' ' i l l i i i i

13 Chart. Spot Exchange Rates and ndices Noon buying rates (U.S. cents, weekly averages) Belgian franc Canadian dollar French franc German mark talian lira Japanese yen Netherlands guilder Swiss franc U.K. pound ndices, March 93 base rates = 00 Belgian franc Canadian dollar French franc German mark talian lira Japanese yen Netherlands guilder Swiss franc U.K. pound 0-May-95 -May May-95 3-May-95 -Jun Weighted average exchange value indices, Mar. 93=00 Belgian franc Canadian dollar French franc German mark talian lira Japanese yen Netherlands guilder Swedish krona Swiss franc U.K. pound U.S. dollar Chart 2. Canadian dollar French franc German mark talian lira Japanese yen Netherlands guilder Swiss franc U.K. pound 3-Month Forward Exchange Rates, Chart 3. Gold Price in London, Afternoon Fixing U.S. dollars per fine ounce , , ,38 3,.52 3, , , , , ,.6 35,.6 34,.5 34,.20 35,, , , ,.6 8, , , ,03 52.,2 8., , Premium or Discount , , , , , -3., -4.5, -4.58, -4.66, 4.84, 4.86, 4.89, 5, ,.58.62,.69,.69, , 2.88, Chart 4. Call Money Rates U.S. federal funds Overnight Euro-dollar deposits Canada France Germany Japan Netherlands Switzerland United Kingdom

14 Chart 5. 3-Month nterest Rates U.S. 90-day CD's, secondary market Canadian finance paper French interbank rate German interbank rate Japanese CD rate Netherlands interbank rate Swiss interbank rate U.K. interbank sterling Weighted average foreign interest rate (G-0 Countries) Chart 6. Euro-Dollar Deposit Rates Overnight -day -month 3-month 6-month -year Chart. Selected Euro-dollar & U.S. Mone y Market Rates Overnight Euro-dollar deposits U.S. federal funds Differential 3-month Euro-dollar deposit U.S. 90-day CD's, secondary market Differential Chart 8. nterest Arbitrage, 3-Month Funds Euro-dollar deposit nterbank sterling (London), covered Differential U.S. commercial paper Canadian finance paper, covered Differential Euro-dollar deposit nterbank DM (Frankfurt), Differential Euro-dollar deposit Swiss interbank, covered Differential Chart 9. Canada France Germany Japan Switzerland Netherlands United Kingdom United States covered Dnd Yields 0-year maturity, where available Chart 0. Stock ndices (Wednesday figures) Canada France Germany Japan Netherlands Switzerland United Kingdom United States Financial Times Ordinary, NYSE Composite Digitized for FRASER May -95 -May May-95 3-May -95 -Jun , ,.02 0, , ,29 6., to SBF250

15 FEDERAL RESERVE statistical release iisi$&; H.0(52) FOREGN EXCHANGE RATES June 2, 995 FOR THE WEEK ENDNG JUNE 9, 995 The Board of Governors of the Federal Reserve System is advisee! that the federal Reserve Bank of New York: has certified for customs purposes the following noon buying rates m New York City for cable transfers payable m foreign currencies: COUNTRY MONETARY UNT T (CURRENCY UNTS PER DOLLAR) Jun. 5 Jun. 6 Jun. Jun. 8 Jun. 9 ^AUSTRALA DOLLAR AUSTRA SCHLLNG BELGUM FRANC CANADA DOLLAR CHNA,P.R. YUAN DENMARK KRONE *EURO COMMUNTY ECU FNLAND MARKKA FRANCE FRANC GERMANY D. MARK GREECE DRACHMA HONG KONG DOLLAR NDA RUPEE ^RELAND POUND TALY LRA JAPAN YEN MALAYSA RNGGT MEXCO ; PESO NETHERLANDS GULDER *NEW ZEALAND DOLLAR NORWAY KRONE PORTUGAL i ESCUDO SNGAPORE DOLLAR SOUTH AFRCA RAND SOUTH KOREA WON SPAN PESETA SR LANKA RUPEE SWEDEN KRONA SWTZERLAND FRANC TAWAN!DOLLAR THALAND BAHT *UNTED KNGDOM; POUND MEMO: **UNTED STATES! DOLLAR *VALUE S U.S. DOLLARS **NDEX OF WEGHTED AVERAGE EXCHANGE VALUE OF U.S. DOLLAR AGANST CURRENCES OF OTHER G-0 COUNTRES. MARCH 93 = 00. WEGHTS ARE 92-6 GLOBAL TRADE OF EACH OF THE 0 COUNTRES. SERES REVSED AS OF AUGUST 98. FOR DESCRPTON AND BACK DATA, SEE "NDEX OF THE WEGHTED-AVERAGE EXCHANGE VALUE OF THE U.S. DOLLAR: REVSON" ON PAGE 00 OF THE AUGUST 98 FEDERAL RESERVE BULLETN. THS RELEASE S AVALABLE ONLNE THROUGH THE FACLTES OF THE DEPARTMENT OF COMMERCE'S ECONOMC BULLETN BOARD. FOR NFORMATON, CALL (202) FOR NFORMATON ABOUT YOUR SUBSCRPTON TO THS RELEASE OR ABOUT RECEVNG T N DOCUMENT FORM, PLEASE CALL PUBLCATONS SERVCES AT THE FEDERAL RESERVE BOARD AT (202)