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| Press Release |
| New York Fed Considers Discontinuing Publication of Foreign Exchange Rates |
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August 2, 2007
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NEW YORK —The Federal Reserve Bank of New York is strongly considering discontinuing the publication of foreign exchange rates at the end of 2008, given the availability of alternative market-based sources for these rates. The New York Fed currently publishes foreign exchange rates at 10 am and noon each business day on its website. A final decision will be announced in September 2007. Contact: Public Information |
