Omega Owners Forum

Chat Area => General Discussion Area => Topic started by: Rods2 on 01 June 2012, 13:05:54

Title: XGD
Post by: Rods2 on 01 June 2012, 13:05:54
This has appeared today on the Bloomberg currency trading page and is the new currency code for the post-Euro Drachma.

http://twitter.com/russian_market/status/208505829824020480/photo/1 (http://twitter.com/russian_market/status/208505829824020480/photo/1)

Are they playing it safe or do they know something we don't?

There have been rumors that Greece might use this long bank holiday weekend to introduce the new Drachma.
Title: Re: XGD
Post by: tunnie on 01 June 2012, 13:12:57
Think they are going to have to, then Spain next?

Down comes the house of cards!
Title: Re: XGD
Post by: mantahatch on 01 June 2012, 13:41:31
Just got this from the bloomberg website:

Currency Converter
Amount:  From:  Select a Currency ADP - Andorran Peseta AED - UAE Dirham AFN - Afghanistan Afghani ALL - Albanian Lek AMD - Armenian D- British Indian Ocean Pound GBP - British Pound GBP - Canton & Enderbury Is. Pound GBP - Guernsey Pound GBP - Isle of Man Pound GEL - Georgian Lari GHS - New Ghana Cedi GIP - Gibraltar Pound GMD - Gambian Dalasi GNF - Guinean Franc GRD - Greek Drachma GTQ - Guatemalan Quetzal GYD


1 Greek Drachma (GRD) is equal to 0.0024 British Pound (GBP)


Source http://www.bloomberg.com/markets/currencies/
Title: Re: XGD
Post by: Varche on 01 June 2012, 14:05:12
Quote from: Rods2 on 01 June 2012, 13:05:54
This has appeared today on the Bloomberg currency trading page and is the new currency code for the post-Euro Drachma.

http://twitter.com/russian_market/status/208505829824020480/photo/1 (http://twitter.com/russian_market/status/208505829824020480/photo/1)

Are they playing it safe or do they know something we don't?

There have been rumors that Greece might use this long bank holiday weekend to introduce the new Drachma.

Is it a long bank holiday in other countries including Greece? Would make more sense? Like I said, appointing a judge to be in charge of the country while they exit the Euro ungoiverned makes sense!
Title: Re: XGD
Post by: cleggy on 01 June 2012, 14:57:38
It could of course be that Bloomsberg have programmed the XGD into its systems ready for the eventuality but have made it live rather than a test system to switch over to when Greece does pull out of the Euro ;)