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Oanda Upgrades Informational Spot FX API
Oanda has released a new version of its Exchange Rates API, which has been updated to include what the firm calls “real-time” currency rates. The rates available on the new API are updated every five seconds, providing, the firm says, a more accurate reflection of current market prices. The firm says the new API aims to provide corporate treasurers and finance directors with a greater degree of visibility over the FX market, helping them mitigate risk, reduce currency exposure and improve cash flow.

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