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WM/Reuters deliver accurate, timely and independent exchange rates that are understood, trusted and reliable across all markets worldwide.
The online service to access the WM/Reuters Closing Spot Rates via The WM Company Website will no longer be available after the 25th June 2010. To view alternative sources please see our Vendors Page. For any sales enquiries, please contact the Client Relations Team at wmreuters.sales@wmcompany.com
We are pleased to advise that we are going to increase the coverage of the WM/Reuters Non-Deliverable Forward (NDF) rates by 2 currencies. These Intraday and Closing NDF rates are captured, validated and published in outright terms and use the same methodology and compliment the WM/Reuters Intraday and Closing Forward rates service.
TWDNDF Taiwan Dollar VNDNDF Vietnam Dong
The anticipated launch date is Monday 27th September, 2010.
The WM Company is constantly researching and monitoring currency behaviour in order to ensure that WM/Reuters rates continue to be as accurate as possible. To this end due to the new Non-Deliverable Forward Rates for Taiwan as detailed above, we will be updating our methodology for our published Taiwan Dollar forward rates. TWD Forward rates will no longer be non-deliverable forwards within the WM/Reuters premium/discount forward rate service and they will now be sourced from onshore banks. Please note this change is the same as that made for China in September 2009.
Currently BGN, HRK, QAR and UAH are calculated from interest rates; from research carried out we will now be changing these to be commercial interbank bid and offer premiums or discounts. At this time we will also be increasing the coverage for BGN, HRK and QAR, details of time periods are shown below. UAH coverage will be reduced slightly at this time due to the illiquid market in the longer term time periods and we will no longer provide 9M and 1Y.
New Time Periods Covered:
BGN Bulgarian Lev ON TN HRK Croatian Kuna ON TN QAR Qatar Rial TN
For a full list time periods covered for these currencies, please click here.
The anticipated launch date is Monday 27th September, 2010.
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