Fixes
WM/Reuters 16:00 London and ECB reference rates are published snapshots. They are not the mid you get at 16:01. Funds use fixes for NAV. Travellers do not.
Mid-market rate
WM/Reuters 16:00 London and ECB reference rates are published snapshots. They are not the mid you get at 16:01. Funds use fixes for NAV. Travellers do not.