Selected Interest & Exchange Rates XAfcekly Series of Charts

Transcription

1 / /. '. /. Selected Interest & Exchange Rates XAfcekly Series of Charts SEPTEMBER,197 Prepared by the FINANCIAL MARKETS SECTION DIVISION OF INTERNATIONAL FINANCE BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM Washington, D C. 21

2 Is Table of Contents CHARTS 1. SPOT EXCHANGE RATE INDEXES 2. 3-MONTH FORWARD EXCHANGE RATES 3. GOLD PRICE -LONDON TABLES 1. LATEST FIGURES PLOTTED 2 DAILY CERTIFIED SPOT EXCHANGE RATES- H. RELEASE 4. CALL MONEY RATES. 3-MONTH INTEREST RATES 6. 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 INDEXES

3 Chart 1 SPOT EXCHANGE RATES DOLLAR PRICES OF FOREIGN CURRENCIES AND WEIGHTED AVERAGE VALUES (DASHED LINE) AVERAGES FOR WEEK ENDING WEDNESDAY 2, y too FOREIGN CURRENCY PRICE OF U.S. DOLLAR v/i I I I I I I I CANADIAN DOLLAR JAPANESE YEN FRENCH FRANC M no - - no «GERMAN MARK X v o " wo \f, ~ / / L 16 / / - " 'r-'' ' 1 M M 1 1 lllllllllll lllllllllll I -1 I! I SWISS FRANC V I / v VV~\^ u- DUTCH GUILDER yv-a - MO 1 M a / \ \ 1 A J /V vw^ /XZ BELGIAN FRANC A M ' / V A / 1 " y v "\. ~ " 1!' 1 ' ' 1 ' 1 lllllllllll i i i 1 i i l lnliiliiiii MIIIIIIIII U.K. POUND - v. ITALIAN LIRA 12 \ -X. 1 X - - W v y V\ / - i i i I i I ImI nil iiliiliilii

4 PER CENT PER MRMI Chart 2 3-MONTH FORWARD EXCHANGE RATES PREMIUM (+), OR DISCOUNT ( ) - AVERAGES FOR WEEK ENDING WEDNESDAY CANADIAN DOLLAR 6 6 U.K. POUND SWISS FRANC b GERMAN MARK DUTCH SUivDER 6 FRENCH FRANC JAPANESE YEN 2 per cent on scale equals 1 per cent on all others

5 Chart 3 / PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY US. DOLLARS PER FINE OUNCE 12. Kg BARS Afternoon fixing price

6 Chart_4 CALLMONEY rates WEEKLY SERIES 1 :NT PER ANNUM OVERNIGHT EURO-DOLLARS PER CENT PER Al 1 1C JAPAN I I U.S. FEDERAL FUNDS - I sc U.K. 2-DAY LOCAL AUTHORITY r I FRANCE l l Illllllllu L 1 1 CANADA NETHERLANDS 2 I I I 1 I M Illllllllu EURO-SWISS FRANC I I 11 UN i INI i ll GERMANY f EURO-DM

7 Chart_ 3-MONTH INTEREST RATES WEEKLY SERIES 12 UNITED STATES CD's CANADIAN FINANCE CO. PAPER 4 GERMAN INTERBANK RATE U.K. INTERBANK STERLING EURO-DOLLAR SWISS DEPOSIT RATE JAPAN Monthly Digitized for FRASER

8 Chart 6 EURO-DOLLAR DEPOSIT RATES London AVERAGES FOR WEEK ENDING WEDNESDAY PER 16 OVERNIGHT 3-MONTH "'"lulu 16 7-DAY 6-MONTH JL Illlll 16 1-MONTH 1-YEAR 12 4 Digitized for FRASER

9 PER CENT PER ANNUM 1 j Chart 7 SELECTED EURO-DOLLAR AND U.S. MONEY MARKET RATES AVERAGES FOR WEEK ENDING WEDNESDAY FEDERAL FUNDS 3-MONTH Euro-dollar deposits OVERNIGHT Euro-dollar deposits 6-9 DAY CD'S DIFFERENTIAL Adjusted for reserve requirements DIFFERENTIAL Adjusted for reserve requirements Digitized for Favors FRASER Borrowing in U.S. if Positive I I

10 Chart INTEREST ARBITRAGE: 3-MONTH FUNDS AVERAGES FOR WEEK ENDING WEDNESDAY DIFFERENTIAL: PLUS (+), INDICATES FAVOR DOLLAR ASSETS PER ANNUM PER CENT PER 2 1 EURO-DOLLAR DEPOSITS INTERBANK DM, Covered Frankfurt 1 INTERBANK STERUNG Covered London ^ EURO-DOLLAR DEPOSITS DIFFERENTIAL I/i y" i DIFFERENTIAL Illllllllll Illllllllll 1 -CANADIAN FINANCE CO. PAPER, COVERED EURO-DOLLAR DEPOSITS 1 U.S. COMMERCIAL PAP SWISS DEPOSITS (SF) COVERED 1 DIFFERENTIAL DIFFERENTIAL Digitized for FRASER 197

11 Chart 9 LONG-TERM GOVERNMENT BOND YIELDS WEEKLY SERIES ANNUM PER CENT PER UNITED STATES CANADA GERMANY SWITZERLAND 6 7 _/ JAPAN / Industrial iiluliiliilfiliilnlii 3 1 UNITED KINGDOM 16.FRANCE 14 1 NETHERLANDS U.S. CORPORATE Monthly U.S. CORPORATE Monthly llllllllll! 12 Euro Dm bonds y Aaa bonds Euro-dollar bonds

12 Chart INDUSTRIAL STOCK INDEXES WEEKLY SERIES RATIO SCALE 1 UNITED STATES 4 3 UNITED KINGDOM JAPAN CANADA 11 SWITZERLAND FRANCE. General index GERMANY Digitized for FRASER

13 LAST VALUE PLOTTED SEKIcS NAME DATE VALUE CHART 1. SPOT EXCHANGE RATES U.S. DOLLAR, WEIGHTED AVERAGE SEPT. 3.7 JAPANESE YEN SEPT GERMAN MARK SEPT DUTCH GUILDER SEPT U.K. POUND SEPT. 3 7.V2 CANADIAN DOLLAR SEPT FRENCH FRANC SEPT SWISS FRANC SEPT BELGIAN FRANC SEPT ITALIAN LIRA SEPT CHART 2. 3-MONTH FORWARD EXCHANGE RATES CANADIAN DOLLAR U.K. POUND GERMAN MARK FRENCH FRANC SWISS FRANC DUTCH GUILDER JAPANESE YEN SEPT. 3 1 *4 SEPT SEPT SEPT. 3 O.6 SEPT. 3. SEPT. 3 3.o ScPT CHART 3. GOLD PRICE IN LONDON U.S. DOLLAR PER FINE OUNCE SEPT. 3 lb.zo CHART 4. CALL MONEY RATES U.S. FEDERAL FUNDS SEPT OVERNIGHT EURO-DOLLAR DEPOSITS SEPT. 3 o.4 U.K. 2-DAY LOCAL AUTHORITY DEPOSITS AUG CANADA AUG GERMANY AUG EURO-DM AUG <+ JAPAN AUG. 29. FRANCE AUG NETHERLANDS AUG EURO-SWISS FRANC AUG CHART. 3-MONTH INTEREST RATES U.S. CD'S (6-9 DAYS) SEPT GERMAN INTERBANK LOAN SEPT JAPANESE COMPOSITE LOAN JUNE EURO-DOLLAR DEPOSIT SEPT CANADIAN FINANCE COMPANY PAPER SEPT. 3.7 INTERBANK STERLING SEPT SWISS DEPOSIT SEPT Digitized for FRASER

14 LAST VALUE PLOTTED SERIES NAME DATE VALUaL CHART 6. EURO-DOLLAR DEPOSIT RATES: LONDON OVERNIGHT SEPT, DAY SEPT MONTH SEPT MONTH SEPT. 3 7.Z3 6-MONTH SEPT YEAR SEPT CHART 7. SELECTED EURO-DOLLAR AND U,Se MONEY MARKET RATES OVERNIGHT EURO-DOLLAR DEPOSITS SEPT U.S. FEDERAL FUNDS SEPT DIFFERENTIAL ADJ. FOR RESERVE REQUIREMENTS SEPT MONTH EURO-DOLLAR DEPOSIT RATE SEPT U.S. CD'S (6-9 DAYS) SEPT DIFFERENTIAL ADJ. FOR RESERVE REQUIREMENTS SEPT CHART. INTEREST ARBITRAGE, 3-MONTH FUNDS EURO-DOLLAR DEPOSIT SEPT INTERBANK STERLING (LONDON), COVERED SEPT DIFFERENTIAL SEPT. 3. U.S. COMMERCIAL PAPER SEPT CANADIAN FINANCE CO. PAPER, COVERED SEPT DIFFERENTIAL SEPT EURO-DOLLAR DEPOSIT SEPT INTERBANK DM (FRANKFURT), COVERED SEPT DIFFERENTIAL SEPT. 3.6 EURO-DOLLAR DEPOSIT SEPT SWISS DEPOSIT (SF), COVERED SEPT DIFFERENTIAL SEPT. 3-3.

15 LAST VALUE PLOTTED SERIES NAME DATu VALUE CHART 9e LONG TERM GOVERNMENT hond YIELDS UNITED STATES SEPT..4 GERMANY AUG JAPAN (MONTHLY) AUG. i 9.41 SWITZERLAND AUG CANADA AUG FRANCE AUG NETHERLANDS AUG UNITED KINGDOM AUG U.S. CORPORATE AAA BONDS AUG. 1.4 EURO DM BONDS AUG. i.42 EURO-DOLLAR BONDS AUG. 1.2 CHART. INDUSTRIAL SUCK INDEXES UNITED STATES JAPAN CANADA FRANCE UNITED KINGDOM SWITZERLAND GERMANY AUG AUG. lb *.7 AUG & AUG. 1 lu2.2 AUG AUG AUG

16 FEDERAL RESERVE statistical release H. SEPTEMBER t 197 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING SEPTEMBER, 197 The Board jof Governors jof the Federal Reserve System is advised that the Federal Reserve Bank of New York has certified for customs purposes the following noon buying rate in New York City for cable transfers payable in foreignjcurrencies: MONETARY (RAT : U.S. CENTS: COUNTRY UNIT SEP. 1 SEP. 2 SEP. 3 SEP. 4 SEP. AUSTRALIA DOLLAR AUSTRIA SCHILLING BELGIUM FRANC H CANADA DOLLAR DENMARK KRONE FINLAND MARKKA FRANCE FRANC GERMANY D. MARK INDIA RUPEE L IRELAND POUND ITALY LIRA JAPAN YEN I t6 MALAYSIA DOLLAR MEXICO PESO.6... NETHERLANDS GUILDER D NEW ZEALAND DOLLAR NORWAY KRONE PORTUGAL ESCUDO A SOUTH AFRICA RAND SPAIN PESETA SRI LANKA RUPEE Y SWEDEN KRONA SWITZERLAND FRANC UNITED KINGDOM POUND Digitized for FRASER