Many companies use last nights closing interbank rate to calculate their "rate for the day" . As it's trading down 150 points from yesterday this morning, if youre planning to change money in the next week or so today might be a good day to do it.
P.S. obviously no guarantee it won't go back up again later this week but it does seem the corperate investors are buying $s at the moment.
Current interbank rate is 1.5655 vs 1.5800 last night.
P.S. obviously no guarantee it won't go back up again later this week but it does seem the corperate investors are buying $s at the moment.
Current interbank rate is 1.5655 vs 1.5800 last night.