i *V Selected Interest & Exchange Rates

Transcription

1 s w y (5/517) D ' TA F'U <> i *V Selected Interest & Exchange Rates Weekly Series of Charts 9' i December 3,1984 DIVISION OF INTERTIOL FINCE Prepared by the BOARD OF GOVERNORS FINCIAL MARKETS FEDERAL RESERVE SYSTEM SECTION Washington, D C. 551

2 Table of Contents TABLES 1. LATEST FIGURES PLOTTED 2. DAILY CERTIFIED SPOT EXCHANGE RATES H.10 RELEASE CHARTS 1. SPOT EXCHANGE RATE INDICES 2. 3MONTH FORWARD EXCHANGE RATES 3. GOLD PRICELONDON 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. $.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 of the Federal Reserve System in a form collectible at par in U.S. Currency. 4. CALL MONEY RATES 5. 3MONTH INTEREST RATES 6. EURODOLLAR DEPOSIT RATES 7. SELECTED EURODOLLAR AND U.S. MONEY MARKET RATES 8. INTEREST ARBITRAGE: 3MONTH FUNDS 9. LONGTERM GOVERNMENT BOND YIELDS 10. INDUSTRIAL STOCK INDICES

3 RATIO SCALE MARCH 1973=100 0 CHART 1 SPOT EXCHANGE INDICES DOLLAR PRICES OF FOREIGN CURRENCIES AND WEIGHTED AVERAGE VALUES (THIN LINE) AVERAGES FOR WEEK ENDING WEDNESDAY FOREIGN CURRENCY PRICE OF U.S. DOLLAR JAPANESE YEN RATIO SCALE MARCH 1973= " i l l I i, 1, CADIAN DOLLAR SWISS FRANC 0 I I I I I I GERMAN MARK DUTCH GUILDER " i l l I I I U.K. POUND FRENCH FRANC 80 \ v \ jy I I l l I I I lllllllllll I I I I I I lllllllllll lllllllllll BELGIAN FRANC ITALIAN LIRA I I I I I I I I I I I I lllllllllll lllllllllll

4 CHART 2 3MONTH FORWARD EXCHANGE RATES PREMIUM <*) OR () AVERAGES FOR WEEK ENDING WEDNESDAY 6 24 CADIAN DOLLAR ITALIAN LIRA l u l l In U. K. POUND 1 / V \ DUTCH GUILDEF 1,, MlMlnlM H GERMAN MARK av V X v y Z^ SWISS FRANC ihihilii FRENCH FRANC JAPANESE YEN J_L

5 CHART 3 PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY U.S. DOLLARS PER FINE OUNCE 600 U.S. DOLLARS PER FINE OUNCE Kg BARS AFTERNOON FIXING PRICE I I I I I I I I I I I I I 250

6 CHART 4 CALL MONEY RATES WEEKLY SERIES Y «FRANCE r,a U. S. FEDERAL FUNDS zr TTVUA X 8 JAPAN 4 I I l I I I I I I I I I CADA EUROSWISS FRANC A A V /V A A / N X A I I L I I L I I L I I I I I I I I M I M 24 V, U.K. 2DAY LOCAL AUTHORITY 1 n > w X / T v. (V GERMANY 1 EURODM» 8 4 i i i mimiiiiii I 1 I I I

7 CHART 5 3MONTH INTEREST RATES WEEKLY SERIES 22 NT PER ANNUM PERCENT PER Ah U.S. CD S CADIAN FINCE CO. PAPER WEIGHTED AVERAGE FOREIGN RATE 6 8 U.K. INTERBANK STERLING GERMAN INTERBANK RATE I SWISS INTERBANK RATE 9 iy 8 JAPANESE BANK LOANS AND DISCOUNTS iiliiliiiii I I I

8 CHART 6 EURODOLLAR DEPOSIT RATES AVERAGES FOR WEEK ENDING WEDNESDAY LONDON OVERNIGHT 3MONTH 1YEAR

9 SELECTED EURODOLLAR AND U. S. MONEY MARKET RATES DIFFERENTIAL: PLUS(+), FAVORS BORROWING IN U. S. AVERAGES FOR WEEK ENDING WEDNESDAY FEDERAL FUNDS 3MONTH EURODOLLAR DEPOSITS OVERNIGHT EURODOLLAR DEPOSITS 90DAY CD S f/v I I I I I I I I 1 I I M 1 I 1 1 I I DIFFERENTIAL DIFFERENTIAL PERCENT ON DIFFERENTIAL SCALE = 2 PERCENT ON RATE SCALE I 1 1 M 1 I I 1 I I I I 1 1 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 I I I I I

10 CHART 8 INTEREST ARBITRAGE: 3MONTH FUNDS DIFFERENTIAL: PLUSH, INDICATES FAVOR DOLLAR ASSETS AVERAGES FOR WEEK ENDING WEDNESDAY EURODOLLAR DEPOSITS DASHED LINE CADIAN FINCE CO. PAPER, COVERED INTERBANK STERLING^V COVERED LONDON U. S. COMMERCIAL PAPER I I I DIFFERENTIAL DIFFERENTIAL Q/4vvy^ INTERBANK DM COVERED FRANKFURT SWISS INTERBANK (SF) COVERED EURODOLLAR DEPOSITS DASHED LINE Vl I EURODOLLAR DEPOSITS^*. A DASHED LINE a h^\ ~ I I I DIFFERENTIAL I DIFFERENTIAL 2 I I I I " i l l PERCENT ON DIFFERENTIAL SCALE = 2 PERCENT ON RATE SCALE Digitized for FRASER

11 CHART 9 LONGTERM GOVERNMENT BOND YIELDS WEEKLY SERIES 19 ENT PER ANNUM PERCENT PER AL CADA 15 UNITED STATES A/ y 11 7 i i i 15 UNITED KINGDOM SWITZERLAND MONTHLY JAPAN GERMANY 9 i 5 i iliili Mi ill i I I I 22 U. S. CORPORATE MONTHLY 18 FRANCE Aaa BONDS NETHERLANDS MONTHLY

12 CHART 10 INDUSTRIAL STOCK INDICES WEEKLY SERIES RATIO SCALE 1969= RATIO SCALE 1969= UNITED STATES JAPAN : 0 i i i Illllllllll Illllllllll UNITED KINGDOM /VV/ J v 170 FRANCE j 130. y/ I I I I I I I I I I I I I I Illllllllll Illllllllll Illllllllll GERMANY ^ SWITZERLAND I I I I I I I I I i i i NETHERLANDS I CADA \ I I I llllllllll. Illllllllll 1982 I I J I 1. Illllllllll 0 <

13 SERIES ME LAST VALUE PLOTTED DATE VALUE CHART 1. SPOT EXCHANGE RATES AND INDICES WEEKLY AVERAGES, NOON BUYING RATES (U.S. CENTS) GERMAN MARK JAPANESE YEN DUTCH GUILDER U.K. POUND CADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA SWEDISH KRO INDICES, MARCH 1973 BASE RATES = 100 GERMAN HARK JAPANESE YEN DUTCH GUILDER U.K. POUND CADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA WEIGHTED AVERAGE EXCHANGE VALUE INDICES, MAR 1973 (G10 COUNTRIES PLUS SWITZERLAND) U.S. DOLLAR GERMAN MARK JAPANESE YEN DUTCH GUILDER U. K. POUND CADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA SWEDISH KRO CHART 2. 3MONTH FORWARD EXCHANGE CADIAN DOLLAR U.K. POUND GERMAN MARK FRENCH FRANC SWISS FRANC DUTCH GUILDER JAPANESE YEN ITALIAN LIRA RATES, PREMIUM OR DISCOUNT

14 SEBIES ME LAST VALOB PLOTTED DATE VALUE CHAST 3. GOLD PRICE IN LONDON, AFTERNOON FIXING U.S. DOLLARS PEE FINE OUNCE CHART 4. CALL HONEY RATES U.S. FEDERAL FUNDS OVERNIGHT EURODOLLAR DEPOSITS U.K. CADA GERMANY EURODM JAPAN FRANCE NETHERLANDS EUROSWISS FRANC NOV. 30 NOV. NOV. 30 NOV. 30 NOV. 30 NOV. 30 JAN. 1 NOV CHART 5. 3MONTH INTEREST RATES U.S. 90DAY CD'S, SECONDARY MARKET GERMAN INTERBANK LOAN JAPANESE BANK LOANS 6 DISCOUNTS CADIAN FINCE PAPER INTERBANK STERLING SWISS INTERBANK LOAN WEIGHTED AVERAGE FOREIGN INTEREST RATE ig10 COUNTRIES PLUS SWITZERLAND) CHART 6. EURODOLLAR DEPOSIT RATES: LONDON' OVERNIGHT 7DAY 1MONTH 3MONTH 6MONTH 1YEAR CHART 7. SELECTED EURODOLLAR AND U.S. MONEY MARKET RATES OVERNIGHT EURODOLLAR DEPOSITS U.S. FEDERAL FUNDS DIFFERENTIAL ADJ. FOR RESERVE REQUIREMENTS 3MONTH EURODOLLAR DEPOSIT RATE U.S. 90DAY CD'S, SECONDARY MARKET DIFFERENTIAL

15 r Digitized for FRASER # LAST VALUE PLOT SERIES ME DATE VALUE 0HART 8. INTEREST ARBITRAGE, 3MONTH FUNDS e EURODOLLAR DEPOSIT 9.21 INTERBANK STERLING (LONDON), COVERED DIFFERENTIAL 0. U.S. COMMERCIAL PAPER CADIAN FINCE PAPER, COVERED 9.27 # DIFFERENTIAL EURODOLLAR DEPOSIT ' INTERBANK DM (FRANKFURT), COVERED DIFFERENTIAL 0. e EURODOLLAR DEPOSIT SWISS INTERBANK, COVERED 9. DIFFERENTIAL 0.09 CHART 9. LONG TERM GOVERMENT BOND YIELDS # UNITED STATES NOV GERMANY NOV JAPAN (MONTHLY) OCT SWITZERLAND NOV CADA NOV # FRANCE AUG # NETHERLANDS (MONTHLY) AUG UNITED KINGDOM NOV S. CORPORATE # AAA BONDS OCT EURODOLLAR BONDS NOV CHART 10. STOCK INDICES # UNITED STATES NOV UNITED KINGDOM NOV CADA NOV GERAANY NOV SWITZERLAND NOV «NETHERLANDS NOV FRANCE NOV JAPAN NOV

16 FEDERAL RESERVE statistical release :s xo* cov ' vlmmww?: H.10 (5) FOREIGN EXCHANGE RATES NOVEMBER 30, 1984 FOR THE WEEK ENDING NOVEMBER 30, 1984 The Bosrd f Governors of the Federal Reeewe 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 MONETARY OMIT NOV. 26 (CURRENCY UNITS PER DOLLAR NOV. 27 NOV. 29 NOV. 30 AUSTRALIA AUSTRIA BELGIUM BRAZIL CADA CHI, P. R. DENMARK FINLAND FRANCE GERMANY GREECE BONG KONG INDIA IRELAND ISRAEL ITALY JAPAN MALAYSIA flexico NETHERLANDS NEW ZEALAMD NORWAY PHILIPPINES PORTUGAL SINGAPORE SOUTH AFRICA SOUTH KOREA SPAIW SRI LANKA SWEDEN SWITZERLAND TAIWAN THAILAND UNITED KIWGDOM VENEZUELA DOLLAR SCHILLING FRANC CRUZEIRO DOLLAR YUAN KROWE MARKKA FRANC D. MARK DRACHMA DOLLAR RUPEE POUND SHEKEL LIRA YEW RINGGIT PESO GUILDER DOLLAR KRONE PESO ESCUDO DOLLAR RAND WON PESETA RUPEE KRO FRANC DOLLAR BAHT POUND BOLIVAR * K MEMO: UNITED STATES DOLLAR INDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U.S. DOLLAR AGAINST CURRENCIES OF OTHER G11 COUNTRIES. MARCH 1973 = 100. WEIGHTS ARE GLOBAL TRADE OF EACH OF THE 10 COUNTRIES SERIES REVISED AS OF AUGUST FOR DESCRIPTION AND BACK DATA, SEE "INDEX OF THE WEIGHTEDAVERAGE EXCHANGE VALUE OF THE U.S. DOLLAR: REVISION" ON PAGE 700 OF THE AUGUST 1978 FEDERAL RESERVE BULLETIN. VAL.UE IS U. S. CENTS