TNT SHOWTIME

Members Login
Username 
 
Password 
    Remember Me  
Post Info TOPIC: Weekend UPDATE for October 10-11, 2020


Moderator

Status: Offline
Posts: 1230
Date:
Weekend UPDATE for October 10-11, 2020
Permalink Closed


SATURDAY

SOME BANKERS HAVE BEEN VERY EXCITED TODAY AT WORK.....WAITING FOR THE "GO" SIGNAL!

"NOSE BLEED" RATES ARE BEING COMMUNICATED TO US....SUPPOSEDLY AT THE BANKS DISCRETION? REMEMBER, THE "HIGH" OPENING RATE FOR THE DINAR WAS UP FOR DISCUSSION TO BE REDUCED BUT DIED DUE TO LACK OF CONSENSUS? (A FEW DAYS AGO)

THE TOP MAJOR BANKS, ALONG WITH THE LEAD BANK, HAD A CONFERENCE WITH TREASURY (AND SUPPOSEDLY, MNUCHIN) TO DISCUSS UNDISCLOSED "PARTICULARS" LEADING TO AN ANNOUNCEMENT ON MONDAY. [HMMMMMMM, I WONDER......?]

A MEMBER REPORTS RECEIVING A CALL FROM _____ BANK. THEY INQUIRED ABOUT THEIR CURRENCY AMOUNTS.  AFTER LEARNING THEY DID NOT MEET "WHALE" STATUS, THEY WERE TOLD THEY WOULD HAVE TO WAIT UNTIL TOMORROW, ONLY WHALES ARE PREFERRED TODAY. [HUH? confuseCAN'T WAIT TO HEAR BACK FROM THIS ONE!]

SOME BANKS ARE REPORTEDLY COMING IN ON SUNDAY, AT VERY, VERY EARLY AM HOURS.

NOTE: SUPPOSEDLY IS THE WORD OF CHOICE UNTIL SOLID CONFIRMATIONS COME TO SURFACE. CAPICHE? #WEARETHEPEOPLE



__________________


Moderator

Status: Offline
Posts: 1230
Date:
Permalink Closed

SUNDAY

The CBI governor and the Finance Minister had a meeting today and agreed to send the White Papers with the economic reforms to Parliament on Tuesday.



__________________


Moderator

Status: Offline
Posts: 1230
Date:
Permalink Closed

MONDAY

Even though today is a holiday, some bank exchange locations are being manned......just in case.......I guess?



__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Chatbox
Please log in to join the chat!