Terms of access to this site

Karat Arithmetic is an independent editorial desk. It publishes measurements, not advice. This page states the limits of those measurements, the desk's responsibility, and how the site is paid.

Measurements not recommendations

The figures on this site are measurements taken from named public sources. Each table shows the date and hour a rate was read, and the publisher is named with a link. A reader can check any figure at its source. But a measurement is not a recommendation. Nothing on this site tells a reader what to buy, hold, or sell. The figures describe what things cost at a given moment, and a cost is only one part of a decision. The reader decides alone and is responsible for that decision.

The association publishes these rates before tax; the last column adds the three per cent a buyer pays. That column is arithmetic, not advice. It applies the stated tax to the published rate. The desk does not estimate future rates, does not say whether a price is fair, and does not suggest when to act. A reader who wants advice should consult a licensed adviser. This site is not one, and it holds no client money.

The desk's role and limits

Karat Arithmetic is an independent editorial desk. It is not a broker, not an exchange, and not a licensed adviser. It takes no orders, holds no money, and has no accounts for readers. The desk reads the named sources, records the figures with their date and hour, and publishes them. If a figure is wrong, the desk corrects it and dates the correction. The responsibility for what appears on these pages sits with the Karat Arithmetic editorial team. No single person is named, because the measurement is the desk's work, not one author's claim.

The desk cannot answer questions that require advice. It cannot say what a reader should do with a rate, whether a purchase is wise, or how a bank will treat a transaction. It can only point to the source of a figure, explain how the column was calculated, or correct an error. A reader who needs more than that should seek a professional who is licensed to give it.

How the site is paid

The site links to one broker, FxPro, through an affiliate link. If a reader follows that link and opens an account there, the broker may pay Karat Arithmetic a commission. The reader pays nothing to this site and nothing extra at the broker. The commission does not change the figures on these pages. The desk does not accept payment to alter a rate or to remove a source. The affiliate relationship is stated here so a reader can weigh it.

The broker's own site is operated by someone else, under its own terms and its own privacy policy. Following the link leaves this site. Karat Arithmetic does not control what happens on the broker's pages, does not see the reader's account there, and is not responsible for the broker's actions. The link is a convenience, not an endorsement. A reader who does not want to use it can ignore it; the measurements remain the same.

No accounts, no tracking, and the editor's address

This site has no accounts, no login, no newsletter, and no comment form. It sets no cookie of its own, runs no analytics, and stores nothing in the reader's browser. The pages are served by a hosting provider which, like any web host, keeps its own technical request logs. The site's publisher does not read a reader's personal data out of those logs. A reader can visit every page without being asked for a name or an email.

Writing to [email protected] reaches the desk. That address exists for corrections: a figure that is wrong is corrected and the correction is dated. The desk reads messages about data questions, broken links, or unclear arithmetic. It does not answer questions that ask for advice. A reader who writes with a correction should name the table, the date, and the source that shows the right figure. The desk will check it and publish a correction if needed.