 |
|
|
|
|
|
|
|
|
Currency of presentation
In this report, unless otherwise specified, all amounts are expressed in pounds sterling. For the months indicated, the high, low
and average noon buying rates in New York City for cable transfers in pounds sterling, as certified for customs purposes by the
Federal Reserve Bank of New York (the Noon Buying Rate), were:
|
|
|
(US dollars per pound sterling) |
|
|
 |
|
|
December |
November |
October |
September |
August |
July |
|
|
|
High |
1.50 |
1.45 |
1.48 |
1.48 |
1.51 |
1.52 |
|
Low |
1.44 |
1.40 |
1.43 |
1.40 |
1.45 |
1.49 |
|
|
|
For the years indicated, the average of the Noon Buying Rates on the last day of each month were:
|
|
|
|
(US dollars per pound sterling) |
|
|
|
|
|
|
2000 |
1999 |
1998 |
1997 |
1996 |
|
|
|
Average |
1.52 |
1.62 |
1.66 |
1.64 |
1.56 |
|
|
|
On 20th February 2001, the Noon Buying Rate was $1.44 per pound sterling. No representation is made that pounds sterling
amounts have been, or could have been, or could be, converted into US dollars at that rate or at any of the above rates. For the
purpose of presenting financial information in this report, exchange rates other than those shown above may have been used.
|
