The European Central Bank (ECB) publish FX rates every weekday, from the Euro (EUR) to 33 major currencies. Over the years, the rates published have been extremely reliable and authentic, and many FXLoader clients load the rates into their ERP for accounting purposes. This could be...
Most countries do not fix their currency rates at a particular value – their currency fluctuates in value depending on the market. But some countries choose to peg their currency so it is fixed against the currency of another country, often the US Dollar. Occasionally...
There’s been a lot of analysis of 2020, the strangest of years. We thought it might be useful to leave out the pandemic (plenty has been said elsewhere) and summarise 2020 for FXLoader. New Central Bank Sources Official central bank or government sources of FX rates are...