Hopes for a rate cut any time soon appear dashed as the Consumer Price Index increased 0.4% in February and 3.2% over the last 12 months. The dollar apparently strengthened on the news. Here are the new rates, as of 8:30 am today that facing the Atlanta international community.
USD/JPY=147.7863
EUR/USD=1.0917
USD/MXN=16.8123
USD/INR=82.7776
Source: x-rates.com
USD/NGN=1,597.71
Source: OANDA
Alton Drew
12 March 2024
Alton Drew 