Late yesterday afternoon, I got a call from a friend of mine who is a banker in Texas. And he is high up at his bank. He shared with me that he got a call telling him to expect the new REER tomorrow, Thursday or Friday. That call was from a retired banker and not from an official source. Now I trust him. And I am hearing this same thing from other people. But… I am reading September for a lot of things. I hope I am wrong and it is this week. The CBI has a history of changing the rate when the gap between the street rate and the official rate are far apart and that is how it looks to me. :Thom
