"Under Basel III rules, every central bank will be able to revalue its physical reserves higher, from a current 50% haircut into a fully cash exchangeable asset."
Wrong. Physical gold carries an 85% haircut under Basel III, contrary to what Macguire says.
We've already been all through this issue.
"Under Basel III rules, every central bank will be able to...
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Last
$2.04 |
Change
0.035(1.75%) |
Mkt cap ! $2.331B | |||
| Open | High | Low | Value | Volume |
| $2.03 | $2.07 | $2.02 | $3.524M | 1.722M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 115977 | $2.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 107817 | 46 |
View Market Depth
| Last trade - 15.04pm 16/05/2024 (20 minute delay) ? |
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Last
$2.03 |
Change
0.035 ( 1.76 %) |
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| Open | High | Low | Volume | ||
| $2.04 | $2.07 | $2.03 | 590069 | ||
| Last updated 15.21pm 16/05/2024 ? | |||||
| RMS (ASX) Chart |