As part of our core mission, we supervise and regulate financial institutions in the Second District. Our primary objective is to maintain a safe and competitive U.S. and global banking system.
The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
Daily 10 am spot rates are midpoints of buying rates and selling rates, and do not necessarily reflect rates at which
actual transactions have occurred.
Daily 12 noon buying rates in New York are certified by the New York Federal Reserve Bank for customs purposes.
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