The wholesale interbank rate for a day is not a single rate, but a range with a high and low over a 24-hour period, running from 5pm NY to 5pm NY. Therefore comparing with a single rate from sources like xe.com is meaningless.
The wholesale interbank rate for a day is not a single rate, but a range with a high and low over a 24-hour period, running from 5pm NY to 5pm NY. Therefore comparing with a single rate from sources like xe.com is meaningless.