Foreign currency exchange rates of interest …
| Currency Pairs | Rates as of 10:28 am EST 28 April 2021 | Rates as of 9:13 am EST 29 April 2021 | Increase/decrease in pips |
| EUR/USD | 1.1877 | 1.1877 | No change |
| GBP/USD | 1.3896 | 1.3831 | -65 |
| USD/CAD | 1.2546 | 1.2551 | +5 |
| AUD/USD | 0.7613 | 0.7625 | +12 |
| USD/JPY | 110.6250 | 110.0830 | -5,420 |
| USD/NOK | 8.5194 | 8.5035 | -159 |
| USD/CHF | 0.9295 | 0.9135 | -160 |
| USD/SEK | 8.7166 | 8.7177 | +11 |
| USD/MEX | 20.2571 | 20.2571 | No change |
| USD/XCD | 2.7000 | 2.7000 | No change |
| USD/JMD | 147.1020 | 145.180 | -19,220 |
| USD/DOP | 56.1575 | 56.1575 | No change |
| USD/HTG | 79.3382 | 83.8141 | +44,759 |
| USD/BSD | 1.0000 | 1.0000 | No change |
News links you should be following …
Payment systems. The Bank of Thailand (BoT) and the Monetary Authority of Singapore (MAS) today launched the linkage of Thailand’s PromptPay and Singapore’s PayNow real-time retail payment systems. In a joint statement, the BoT and MAS said the linkage, the first of its kind globally, will enable customers of participating banks in Thailand and Singapore to transfer funds of up to S$1,000 or 25,000 baht daily across the two countries, using just a mobile number. Thailand, Singapore launch world’s first linkage of real-time payment systems | The Edge Markets
Payment systems. The launch of Saudi Arabia’s first instant payments system is another step towards the kingdom’s ambitious proposals to have a 70 percent cashless society as part of the Saudi’s Vision 2030, according to Takreem El-Tohamy, general manager, IBM Middle East and Africa. Saudi launches instant payment system in drive towards cashless society – Arabianbusiness
Payment systems. Embracing new payment rails, and enhancing the value of existing ones, remains a key part of promoting overall payment innovation. But as real-time payment networks proliferate, a new challenge is on the rise: enabling interoperability between these rails on both a domestic and international scale. Real-Time Payments Seek Interoperability | PYMNTS.com
Payment systems. Digital payment services developed by U.S. tech giants such as Apple and Alphabet’s Google risk reinforcing their market power by giving them greater sway over consumers’ data, France’s antitrust authority said on Thursday. French watchdog warns of big tech’s sway over payment services (yahoo.com)
Payment systems. The government is committed to implementing the electronic wages or “e-wages” system as soon as possible to ensure employees get paid in “real-time”, following the wake of the apparent suicide of a foreign worker several weeks ago over allegations of unpaid wages. HR minister vows e-wages system to ensure ’real-time’ payment, after employee’s death (msn.com)
Central banks. Cryptocurrencies aren’t going anywhere in the coming years, but their usage will probably decline when central bank digital currencies (CBDCs) are eventually rolled out, according to Deutsche Bank International Private Bank. Cryptocurrencies will survive the rise of central bank-backed digital coins, but their use will likely decline, Deutsche Bank says | Currency News | Financial and Business News | Markets Insider (businessinsider.com)
Central banks. Central bank digital cash could give new types of businesses access to ultra-cheap central bank funding and lessen the role of big banks in settling large transfers, a senior Bank of France official said on Thursday. Central bank e-cash could ‘challenge’ role of big banks, Bank of France says | Reuters
Cryptocurrency, ether, bitcoin. Ether hit an all-time high Thursday as bitcoin’s dominance of the cryptocurrency market declined. The world’s second-largest digital currency by market value surged to a fresh record of $2,774 Thursday morning, according to data from Coin Metrics. Bitcoin, the top digital coin, was slightly lower at a price of $54,471. Digital currency ether hits a record high, stealing bitcoin’s limelight (msn.com)
