TheBramble's Random Squawk

But they're not buying Euro.

Their Q1 deltas as follows - these are percentage increases of foreign reserves holdings cf end of 2011:-

They're buying GBP (+93%), USD (+12%) and JPY (+11%).

Yeah, let the scumbag enjoy the summer and finish the planning for his contribution to the Olympics.....
All for him playing Hook.......then he'll have all his benefits stopped if he's actually earning money. That'll reduce our national debt by a fair whack.

Quote:
Originally Posted by NVP
....but only because the SNB must be the only party buying Euro at the moment .....

But they're not buying Euro.

Their Q1 deltas as follows - these are percentage increases of foreign reserves holdings cf end of 2011:-

They're buying GBP (+93%), USD (+12%) and JPY (+11%).


well blow me down......I figured they were keeping the peg by just flexing against the Euro...in large quantities............

Have you still got that spare bedroom Richard? I doubt ECHR will allow him to be cooped up in prison for 6 months.

Sorry N. So unexpected are my rare encounters with humour on this site that when a good ‘un does fly by me – it does just that.

USD 5.5 billion liquidity swap. Egyptian repurchase (1 week) agreements to enable holders to access funding at 9.75%.

Three spare bedrooms now, Tony.
Wondered what to do with them.
Thanks for the great idea.
Will convert one to a torture chamber immediately, provide a bit of "Care in the Community" for him.

Richard

Not sure that will be sufficient Richard, He has several wives and many children. And he needs a room for the bomb-making equipment. Any chance you and Mrs. Charts could move into the annexe?