As of 5:51 pm AST, foreign exchange rates as Congress ponders additional relief …

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Pairs Federal Reserve as of 23 December 2020 OANDA as of 23 December 2020 OANDA as of 28 December 2020 
GBP/USD 1.3510 1.3449 1.35603 
USD/CAD 1.2841 1.2872 1.28619 
USD/CNH 6.5400 6.5323 6.51546 
USD/DKK 6.0989 6.1031 6.10186 
EUR/USD 1.2194 1.2185 1.21836 
USD/INR 73.7700 73.7316 73.4122 
USD/MXN 20.0800 20.0878 19.8603 
USD/JPY 103.5200 103.50 103.63 
USD/NOK 8.6307 8.6886 8.62746 
USD/SEK 8.2841 8.3036 8.24517 
USD/CHF .8882 .8886 .89037 

Source: Board of Governors of the Federal Reserve, OANDA

Legal/Political Events Impacting Foreign Exchange Rates

U.S. House considers increasing dollar amount of pandemic relief payments to taxpayers

The U.S. House of Representatives is, at the time of this writing, considering a vote to increase the amount of pandemic relief to individual taxpayers from the current $600 to $2,000. President Trump and House Democrats are aligned on this issue, but the increase is expected to face considerable push back in the Republican controlled U.S. Senate. Mr Trump argued yesterday that the pandemic relief passed by Congress over the weekend contained unnecessary spending and argued that these funds be reallocated to American taxpayers.

Source: U.S. House of Representatives

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