FX rates as of 3:00 pm 14 July 2022
Currency Pair | Exchange Rate |
GBP/USD | 1.1898 |
USD/XCD | 2.7000 |
USD/JMD | 149.4500 |
USD/DOP | 53.9343 |
EUR/USD | 1.0048 |
USD/JPY | 137.2120 |
USD/CNH | 6.7273 |
DXY | 108.81 |
Source: OANDA
Interbank, Pakistan, rupee. “The rupee made a slight recovery against the dollar in interbank trade on Thursday as the government reached a staff-level agreement with the International Monetary Fund (IMF) for the revival of the stalled loan programme.” — Dawn. https://www.dawn.com/news/1699566/pkr-gains-30-paisa-in-interbank-as-govt-secures-deal-with-imf
Interbank, Federal Reserve, inflation. “We are achieving our mandate when it comes to maximum employment, but we are far from achieving our goal of stable prices. Consequently, while any monetary policy decision has implications for achieving maximum employment, and I will address those implications in a moment, the FOMC is now, and must be, utterly focused on moving inflation down toward our 2 percent target.” — Christopher J Waller. https://www.federalreserve.gov/newsevents/speech/waller20220714a.htm
Interbank, Federal Reserve, stock market. “Stocks pared losses as comments from a Federal Reserve official brought some relief to traders worried about the odds of an even more aggressive pace of rate hikes plunging the economy into a recession.” Yahoo! Finance. https://finance.yahoo.com/news/scorching-us-cpi-sows-caution-220847588.html?fr=sycsrp_catchall