The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

Monthly Average Rates | OFX

The table below shows the average rates of exchange in MAY together with comparable figures for other months. Averages are based on daily noon buying rates for cable transfers in New York City certified for customs purposes by the Federal Reserve Bank of New York.

The Fed - Foreign Exchange Rates - G.5 - June 01,

This release is available online at http: For more information on exchange rate indexes for the U. Weights for the broad index can be found at http: The most recent annual revision to the trade weights and the dollar indexes took effect with the May release of this report.

The source for exchange rates not listed in the table above but used in the calculation of the broad and OITP indexes is Bloomberg.

CBN queries five banks for manipulating forex rates - The Nation Nigeria

For information about your subscription to this release or about receiving it in document form, please call publication services at Federal Reserve Board at The euro is reported in place of the individual eure-area currencies.

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