The African Diaspora Interbank Market News Scan as of 8:33 am EDT

Currency PairExchange Rate
GBP/USD1.2159
USD/XCD2.7000
GBP/XCD3.2829
USD/JMD149.3120
GBP/JMD181.5440
USD/DOP54.0053
CAD/XCD2.0967
CAD/JMD115.9500
USD/NGN414.6190
GBP/NGN504.1260
EUR/USD1.0489
USD/BTC0.0001
GBP/BTC0.0001
EUR/BTC0.0001
CAD/BTC0.0000

Source: OANDA

The Caribbean: Foreign exchange rates as of 9:13 am AST

Currency Pair7 March 2022(10:35 am AST)8 March 20229 March 202210 March 202211 March 2022
USD/BSD1.00001.00001.00001.00001.0000
USD/JMD153.474153.114152.178152.018151.647
USD/HTG104.162104.034103.91104.6104.774
USD/DOP54.515254.671854.565454.426854.2854
USD/XCD2.70002.70002.70002.70002.7000
USD/BBD2.00002.00002.00002.00002.0000
USD/TTD6.678876.653296.613316.653486.63509
USD/GYD200.983200.636199.732199.837199.447
USD/VEF433,957.00433,230.00431,338431,230431,063
Dollar Index98.7398.9498.4598.3798.59
Sources: OANDA, MarketWatch

The Caribbean: Foreign exchange rates as of 10:48 am AST

Currency Pair7 March 2022(10:35 am AST)8 March 20229 March 202210 March 202211 March 2022
USD/BSD1.00001.00001.00001.0000 
USD/JMD153.474153.114152.178152.018 
USD/HTG104.162104.034103.91104.6 
USD/DOP54.515254.671854.565454.4268 
USD/XCD2.70002.70002.70002.7000 
USD/BBD2.00002.00002.00002.0000 
USD/TTD6.678876.653296.613316.65348 
USD/GYD200.983200.636199.732199.837 
USD/VEF433,957.00433,230.00431,338431,230 
Dollar Index98.7398.9498.4598.37 
Sources: OANDA, MarketWatch

Asia: Foreign exchange rates as of 10:39 am AST

Currency Pair7 March 20228 March 20229 March 202210 March 202211 March 2022
USD/CNY6.316646.318916.315636.3162 
USD/JPY114.786115.14115.567115.82 
USD/INR76.33576.846576.892476.5044 
USD/PKR177.85177.986177.845178.344 
USD/BDT84.853284.692284.228284.263 
USD/SAR3.745243.745243.745243.74524 
USD/SGD1.359681.362461.363721.36121 
USD/MYR4.17554.175534.179264.18345 
USD/VND22,833.922845.322,844.222,835.1 
Dollar Index98.7398.9498.4598.26 
Sources: OANDA, MarketWatch

Africa: Foreign exchange rates as of 10:31 am AST

Currency Pair7 March 20228 March 20229 March 202210 March 202211 March 2022
USD/NGN415.769414.987414.987415.045 
USD/GHS7.05397.038567.038567.02152 
USD/ZAR15.353415.307415.307415.1356 
USD/GMD52.965453.058253.058253.1107 
USD/AOA470.136470.436470.436470.174 
USD/UGX3,582.843,586.453,586.453,591.78 
USD/RWF1,017.671,012.151,012.151,009.76 
USD/KES113.073113.103113.103113.157 
Dollar Index98.7398.9498.4598.20 
Sources: OANDA, MarketWatch

U.S. and Caribbean Interbank Market News Scan: Foreign exchange rates of interest as of 10:35 am AST

Currency Pair7 March 20228 March 20229 March 202210 March 202211 March 2022
USD/BSD1.0000    
USD/JMD153.474    
USD/HTG104.162    
USD/DOP54.5152    
USD/XCD2.7000    
USD/BBD2.0000    
USD/TTD6.67887    
Source: OANDA

Dollar Index=98.73

Source: MarketWatch

The Interbank Market News Scan: Jobs report adds to the argument that the U.S. is at full employment.

Interbank, Kazakhstan, tenge. “The Kazakh tenge KZT= weakened 2.6% to 509.70 per dollar on the interbank market on Friday, Eikon Refinitiv data showed.” See article here. Source: Nasdaq.

Interbank, China, foreign exchange. “The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System.” See article here. Source: Xinhuanet.

Interbank, Russia, stock market. “A Russian stock market analyst pulled out a bottle and drank to the death of Russia’s stock market during an interview live on local television. The clip went viral Thursday, a week into the Russian invasion of neighboring Ukraine and as Russia’s economy is hammered with Western sanctions.” See article here. Source: CNBC.

Interbank, blockchain, bitcoin. “Dr. Eswar Prasad, professor of Trade Policy at Cornell University and author of ‘The Future of Money: How the Digital Revolution is Transforming Currencies and Finance,’ discusses the pros and cons of Bitcoin as a currency.” See article here. Source: CNBC.

Interbank, money markets. “A closely-watched measure of money-market stress and dollar funding conditions rose again on Friday to its highest level since May 2020, as the knock-on effects of the war in Ukraine rippled out globally.” See article. Source: Reuters.

Interbank, United States, labor, jobs report. Non-farm payrolls rose by 678,000 in February while the unemployment rate fell to 3.8%. See report here. Source: U.S. Bureau of Labor Statistics.

Foreign exchange rates and dollar index as of 9:40 am AST

EUR/USD=1.10805

GBP/USD=1.33712

USD/CAD=1.26463

USD/MXN=20.6664

USD/NGN=415.42

USD/GHS=6.80185

USD/INR=75.7279

USD/JPY=115.606

USD/CNY=6.31788

USD/BTC=0.00002

Source: OANDA

Dollar Index-98.58

Source: MarketWatch