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Luigi says... Take this as a Mnt Goat rumor. I can't verify Trump approved of the gold backed USN in the media. Can any Dinarians verify. Your response. Your opine. 7-5-2018 Newshound/Intel Guru Mnt Goat Quote: "THE USNs HAS BEEN APPROVED BY PRESIDENT TRUMP AND THIS WAS HOLDING BACK THE RV" ...the “USN” designation is merely a code meaning (next day) transfer of US Dollar funds USD indicating how the funds are to be used. According to UN/CEFACT recommendation 9, paragraphs 8-9 (ECE/TRADE/203, 1996, it is used for inter-banking transactions. It does NOT mean “new” US currency. ...“USN” is NOT a designation for a new currency coming out to replace the USD old currency that you now have. It is not GOLD backed. I quote from the [forex] site: “The US dollar actually has three codes assigned: USD, USS (same day) and USN (next day)..." ...the dinar is already pegged to the US dollar by a “de facto” peg put in place in 2003 to keep the dinar from fully crashing. As part of moving to Article 8 the IMF plans to re-peg the dinar to the SDR basket of 5 currencies of the strongest developed nations, one of which is the USD.
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Luigi found this financial news article of Dinarian interest... Many financial wizards believe the new asset backed USD is the MR holdup. 4/26/2017 DBS... USN Listed on Hong Kong DBS Bank Currency Exchange Rate List 4/26/2017 03:57:00 AM Currency Exchange Rate Last updated 2017-04-26 15:41:46 The information is indicative only and is provided solely for reference purposes.The actual exchange rates for currency exchange transactions will be determined by our Bank at the time such transactions are effected. https://hk.dbs.com/ ecPortalWeb/Rates/ ExchangeRate.aspx?Lang=en-us ....
