New Asset Backed USN Listed On HK Currency Exchange.

[Luigi1]

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
....

[Luigi1]

Luigi found this rumor related to the above news story...

Luigi says...Holy Frijoles...could RayRen be right on this rumor?

 

4/26/2017  TNT:
 USN Listed on Hong Kong DBS Bank Currency Exchange Rate List

DinarBlessing:  Author oh wow for real... is this the USN we think it is? The US dollar actually has three codes assigned: USD, USS (same day) and USN (next day).

Natok:  I find it interesting author that above it says "The actual exchange rates for currency exchange transactions will be determined by our Bank at the time such transactions are effected. " thanks for info

Irene:   -This man came to a call I was listening to tonight, he said 5 of his friends, from the Admiral group, went to Reno and left with lots of money

GJHHonor: Gm to all. CBI no change today April 26th, 2017

 

[Boozer]

they went to Reno and won at the Crap Table.

[rico1]

 I think I think Luigi accidentally posted this in the wrong section.

[jeepguy]

2 hours ago, Luigi1 said:

Irene:   -This man came to a call I was listening to tonight, he said 5 of his friends, from the Admiral group, went to Reno and left with lots of money

hahahahhhaha   well  help ,,,,   lost me at admiral group ....  { the old okie ships at sea again  }

[stangernan]

1 hour ago, Boozer said:

they went to Reno and won at the Crap Table.

I never win   I just get the Cr@p

[Mxmann]

Okieeeeee, I miss okie n the ships!!!

[chinadawg]

I think Okies ship turned out to be the Titanic.........it has been missing at sea for along time now.

[Tonygrasso]

The US dollar actually has three codes assigned: USD, USS (same day) and USN (next day). According to UN/CEFACT recommendation 9, paragraphs 8-9 (ECE/TRADE/203, 1996, available online:

In applications where monetary resources associated with a currency (i.e. funds) need not be specified and where a field identifier indicating currency is used, the first two (leftmost) characters are sufficient to identify a currency–example: US for United States dollars for general, unspecified purposes where a field identifier indicating currency is present. (A field identifier can be a preprinted field heading in an aligned document or a similarly-agreed application in electronic transmission of data.) 

 

In applications where there is a need to distinguish between different types of currencies, or where funds are required as in the banking environment, or where there is no field identifier, the third (rightmost) character of the alphabetic code is an indicator, preferably mnemonic, derived from the name of the major currency unit or fund – example: USD for general, unspecified purposes; USN for United States dollar next-day funds, and USS for funds which are immediately available for Federal Reserve transfer, withdrawal in cash or transfer in like funds (same-day funds). Since there is no need for such a distinction in international trade applications, the funds codes have not been included in the Annex to the present Recommendation. 

[Theseus]

6 hours ago, stangernan said:

I never win   I just get the Cr@p

getting the Cr@p is better than getting the Cl@p the Admirals in the group would say if they were part of the USN.

Edited April 27, 2017 by Theseus

[jeepguy]

thank you for the  information tonygrasso !   and  o.k.  thanks  too the luigi fellow  for starting this one {  I  guess   }