Thursday, January 13, 2011

1-13-11 Chat snippet regarding KWD rate on BoA site

[******] ******: i was just looking in a diff site an saw this thought u might want it maybe nothing..........Something is happening, just checked BoA site and they have the Kuwait Dinar at $3.9365 and every place else still shows the $3.55 from Tuesdays 35 cent or .1 rumors. https://www6.bankofameri ··· x.action

Please note I wasn't able to pull up the BoA url myself.  But, that rate isn't in the normal range for KWD, and BoA, of course, is a verifiable site.  Someone just commented that the $3.55 rate is what it is selling for--not what they are buying it for.  That being the case, then all things should be normal.

1 comment:

  1. That is what they are SELLING it for, not what they are BUYING it for. NOTE: THE DIFFERENCE IS THE SPREAD.

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