8-15-2013 Intel Guru Delta ]via BulldogFord65] The RV process: It has to happen after the CBI closes, then the CBI will send an official letter notifying the banks that the next day the IQD value will increase to the named amount, and then when the CBI opens the next day, it will be with the new rate; the new rate will be international and it will be simultaneous globally, the rate will appear everywhere when they open after the CBI announcement. The timing will probably be around 5 AM eastern time (USA); the rate should be visible in the system at any bank in the USA when they open.
-15-2013 Newshound Guru Adam Montana [how much longer could this go on?] Hopefully no longer than this Friday. But I guess we'll just have to wait and see.
Posted by John MacHaffie at 1:56 PM