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The Bank of Spain publishes the new official exchange rates set by the ECB, effective 1 July 2026. These rates apply to all economic agents for currency conversions and impact market operations directly, with no transition periods or specific compliance obligations.
Traders, banks and individuals carrying out foreign exchange transactions must update their calculations from 1 July 2026. Companies operating in international currencies should review their pricing and contracts. Banks must adjust their exchange rates in their internal systems. Financial advisers should communicate these changes to their clients to avoid errors in currency transactions.
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