Interbank market news scan: Central banks, foreign exchange …

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Sudan’s central bank steeply devalued the country’s currency, as part of a broader effort to win debt relief and revive the struggling economy. Sudan Central Bank Devalues the Currency to Revive Economy (msn.com)

The Central Bank of Morocco is now studying the concept of central bank digital currencies (CBDCs) and has set up a committee to extensively explore its pros and cons, according to reports on February 20, 2021. Morocco’s Central Bank Looks to Launch Own Digital Currency | BTCMANAGER

Assistant Governor Christopher Kent’s speech on FX markets around the turn of the year. FX Markets Around the Turn of the Year | Speeches | RBA

Reserve Bank of Australia’s cash rate target is 0.1%; 3-year Australian Government Bond Yield target, 0.1%; inflation rate, 0.9%. Reserve Bank of Australia (rba.gov.au)

People’s Bank of China announced open market operation of RMB10 billion, seven days maturity, at 2.20%. Open Market Operations No.33 [2021] (pbc.gov.cn)

Currency pairsExchange Rate as of 4:15 pm 16 February 2021(1) As of 6:53 pm EST Exchange Rate as of 21 February 2021(2)(3)
AUD/USD0.7762 0.7877
USD/CAD1.2694 1.2609
USD/CNY6.4567 6.4555
EUR/USD1.2126 1.2116
USD/INR72.6000 72.5600
GBP/USD1.3855 1.4012
USD/JPY104.9400 105.3700
USD/MXN19.9300 20.4320
USD/DKK6.1325 6.1339
USD/NOK8.4558 8.4627
BTC/USD  52843.4000
ETH/USD  1,859.5100
Sources: Federal Reserve(1); Reuters-FX rates(2); OANDA-Crypto rates(3)