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To: TigerLikesRooster

I’ve grown sleepy watching for black swans, but still, could this be it?


5 posted on 09/29/2016 9:40:00 AM PDT by Mr. Douglas (Today is your life. What are you going to do with it?)
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To: Mr. Douglas

I know what you mean.
Other things are in play tomorrow.
I’m sure our betters have everything under control...

https://www.imf.org/external/np/exr/faq/sdrbsktfaq.htm

Q&As on the New SDR Basket that Comes into Effect October 1, 2016

July 25, 2016

On November 30, 2015, the Executive Board of the International Monetary Fund (IMF) completed the regular five-yearly review of the basket of currencies that make up the Special Drawing Right (SDR). 

The Board decided that, effective October 1, 2016 the Chinese renminbi (RMB) is determined to be a freely usable currency and will be included in the SDR basket as a fifth currency, along with the U.S. dollar, the euro, the Japanese yen and the pound sterling. 

A short-term RMB instrument will also be added to the SDR interest rate basket. The Board decided to launch the new SDR basket on October 1, 2016 to provide lead time for the Fund, its members and other SDR users to adjust to these changes.


13 posted on 09/29/2016 10:48:49 AM PDT by MarchonDC09122009 (When is our next march on DC? When have we had enough?)
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To: Mr. Douglas

If this is “it”, we will know before October 31st.


33 posted on 09/29/2016 8:05:14 PM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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