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Why do the number of prices used to compute exchange rates differ from day to day?

April 26, 2017compute differ exchange prices rates Used

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Why do the number of prices used to compute exchange rates differ from day to day?

1 Answer

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10 Posted

We collect data from live market data suppliers. Banks update these prices continuously on a global basis. However, market activity is lower on weekends and holidays, thus explaining the differing number of prices from day to day.