diff --git a/InvenTree/InvenTree/settings.py b/InvenTree/InvenTree/settings.py
index 5cf0b0c544..f0a3312b39 100644
--- a/InvenTree/InvenTree/settings.py
+++ b/InvenTree/InvenTree/settings.py
@@ -513,9 +513,7 @@ CURRENCIES = CONFIG.get(
     ],
 )
 
-BASE_CURRENCY = CONFIG.get('base_currency', 'USD')
-
-EXCHANGE_BACKEND = 'InvenTree.exchange.InvenTreeManualExchangeBackend'
+EXCHANGE_BACKEND = 'InvenTree.exchange.ExchangeRateHostBackend'
 
 # Extract email settings from the config file
 email_config = CONFIG.get('email', {})
diff --git a/InvenTree/InvenTree/tasks.py b/InvenTree/InvenTree/tasks.py
index e9e37e63a3..ad33232fe0 100644
--- a/InvenTree/InvenTree/tasks.py
+++ b/InvenTree/InvenTree/tasks.py
@@ -175,10 +175,13 @@ def update_exchange_rates():
         return
 
     backend = ExchangeRateHostBackend()
+    print(f"Updating exchange rates from {backend.url}")
 
     currencies = ','.join(settings.CURRENCIES)
 
-    base = settings.BASE_CURRENCY
+    base = common.models.InvenTreeSetting.get_setting('INVENTREE_DEFAULT_CURRENCY')
+
+    print(f"Using base currency '{base}'")
 
     backend.update_rates(base_currency=base, symbols=currencies)