As of 10:04 am AST, 20 November 2020:
How to read the chart:
CAD/USD: If you come to the United States with one Canadian dollar (CAD)and wish to sell it for a US dollar (USD), the market price is .76397 USD.
USD/CAD: If you take a US dollar (USD) to Canada and wish to sell it for a Canadian dollar (CAD), the market price is 1.30877 CAD
CAD/USD=0.76397 USD/CAD=1.30877
CNH/USD= 0.15209 USD/CNH=6.57371
EUR/USD= 1.18456 USD/EUR=0.84410
DKK/USD =0.15895 USD/DKK=6.28955
NGN/USD= 0.00261 USD/NGN=379.656
JPY/USD=0.00963 USD/JPY=103.87
INR/USD=0.01348 USD/INR=74.0790
JMD/USD=0.00673 USD/JMD=145.651
GYD/USD=0.00469 USD/GYD= 204.998
GHS/USD=0.17080 USD/GHS= 5.81113
XCD/USD=0.37037 USD/XCD= 2.70
KES/USD = 0.00906 USD/KES= 108.394
Source: OANDA
Major political/legal event in the United States:
Yesterday, the U.S. Department of the Treasury released the following:
Today U.S. Treasury Secretary Steven T. Mnuchin sent a letter to Chairman of the Federal Reserve Board of Governors Jerome Powell requesting a 90-day extension of the Commercial Paper Funding Facility (CPFF), the Primary Dealer Credit Facility (PDCF), the Money Market Liquidity Facility (MMLF) and the Paycheck Protection Program Liquidity Facility (PPPLF).
“With respect to the facilities that used CARES Act funding (PMCCF, SMCCF, MLF, MSLP, and TALF), I was personally involved in drafting the relevant part of the legislation and believe the Congressional intent as outlined in Section 4029 was to have the authority to originate new loans or purchase new assets (either directly or indirectly) expire on December 31, 2020. As such, I am requesting that the Federal Reserve return the unused funds to the Treasury. This will allow Congress to re-appropriate $455 billion, consisting of $429 billion in excess Treasury funds for the Federal Reserve facilities and $26 billion in unused Treasury direct loan funds,” said Secretary Steven T. Mnuchin.
“In the unlikely event that it becomes necessary in the future to reestablish any of these facilities, the Federal Reserve can request approval from the Secretary of the Treasury and, upon approval, the facilities can be funded with Core ESF funds, to the extent permitted by law, or additional funds appropriated by Congress. I am deeply honored to have worked on executing these programs and hope that because of our collective actions, Congress will show similar trust in Federal Reserve Chairs and Treasury Secretaries in the future.”
Source: U.S. Department of the Treasury
