The Current Rate is based on the price of a transaction or, alternatively, specific quotes. In contrast to the way in which the Average Rate is calculated, volume is not taken into account. Possibilities for manipulation of the Current Rate are also minimised through the application of appropriate filtering criteria. Calculation of the Current Rate is made every three minutes and the result is published immediately thereafter. The Current rate reflects the latest pricing in the money market and is an indicator of short-term changes.
