30 July 2013 Exchange Rate Perspectives: FX and the Financial Transaction Tax Figure 19: RBA Commodity Price (Nominal) IFigure 20: RBA Commodity Price (Real) 175 150 125 100 75 50 25 RBA Commodity Pace Index (Nominee Average 86 88 90 92 94 96 98 00 02 04 06 CS 10 12 San Deasca•aerra How 175 150 125 100 75 50 25 'Figure 21: ANZ Commodity Price (Nominal) 250 - 250 230 - AN2 Commodity Pm* Index (Nommen 230 210 - Average 190 - 170 - 150 - 130 -• 130 110 110 90 90 86 89 90 92 94 96 98 00 02 04 06 08 10 12 Soon Detastaa 8.4t If.ar Figure 23- BoC Commodity Price (Nominal) 1000 800 600 400 200 0 BoC Commodity Pict Index Mamma& Average 1000 • 800 i tfr 6° 4003 86 88 90 92 94 95 98 00 02 04 05 08 10 12 Son. LaSsorre eat Navy 4.5 4.25 4 3 75 35 3 25 3 2.76 2.6 86 ea Sant baser. eat Haw RBA Commodity Prce Index (Reds Avenge Linear Trendline y 3E 90 92 94 98 98 00 02 04 06 06 10 12 4.5 4 25 4 3 75 3.5 3.25 3 2.76 TA Figure 22: ANZ Commodity Price (Real) 4.8 Aka Conuroday Pres Index lame — --Aven as ge x • 43Etwi tort.586 I- WA 44 42 4 85 88 90 92 94 96 96 00 02 04 06 06 10 12 San Oftesoh• arra Maw 4.8 Is 4.4 42 4 Figure 24: BoC Commodity Price (Real) 6.2 BoCCornmodity Price Index 6.2 IReah 6 - Average 6 5.8 — Lower Domaine 58 6.6 5.6 5.4 P r w 64 5.2 5 0 48 86 88 90 92 94 96 98 00 02 04 06 08 10 12 Sane' dart. art Now 5.2 5 4.8 Deutsche Bank &CCM IIIOS Inc. Page 37 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL SDNY_GM_00250877 DB-SDNY-0 104693 EFTA01449332