TABLE 1
CONFIDENTIAL
5
Closing exchange rates against the US dollar
End 1990
High (date)
Low
(date)
End 1991
CAD
1.1598
1.1202
(1.11.91)
1.1633
1.1556
(24.1.91)
CHF
1.2710
1.2317
(6.2.91)
1.5908
(11.7.91)
1.3590
DEM
1.4913
1.4475
(11.2.91)
1.8349
(11.7.91)
1.5175
FRF
5.0715
4.9335
(6.2.91)
6.2175
(11.7.91)
5.1845
GBP
1.9335
2.0040
(6.2.92)
1.6030
(2.7.91)
1.8675
HKD
7.8060
7.7190
(22.6.91)
7.8070
(15.1.91)
7.7860
JPY
135.40
124.85
(31.12.91)
141.55
(10.6.91)
124.85
NLG
1.6835
1.6315
(11.2.91)
2.0658
(2.7.91)
1.7120
XEU
1.3717
1.4239
(11.2.91)
1.1176
1.3380
(4.7.91)
Rates are the mid-points between closing buying and selling rates
in New York except for the Hong Kong dollar (HKD) and the European
Currency Unit (XEU). For HKD, the rate is a selling rate quoted in
Hong Kong. For XEU, the rate is based on the mid-point between opening buying and selling rates quoted by HKAB.
CONFIDENTIAL
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