NP$ Bank Rate Change on Feb. 28, 2006

[RJ]

This is 10 days notice that on February 28th, the bank rates will change as follows.

Buy Rate: $.012/NP$
Sell Rate: $.023/NP$

Reason: To curb deflation in our NP$ economy.

 

[Morph]

Awesome

 

[jeter4982]

Ron, did you type the buy and sell rates backwards, as this way the prices of NP $ would go down a lot!

Tom

 

[Mark]

Not backwards

Buy Rate = The bank buys back at this rate

Sell Rate = Banks sells at this rate

 

[jeter4982]

Not backwards

Buy Rate = The bank buys back at this rate

Sell Rate = Banks sells at this rate

Oh, ok! I was looking at it the other way around, and it didn't quite make sense. Thanks for the clarification Mark! :tu:

Tom

 

[Mark]

lol - I was about to mark the date on my Calendar as well :p

Then realized the "Bank" reference of it and put it together

 

[jmweb]

Perhaps its time to increase min post limit for the Adsense Revenue Sharing program too.

 

[Keral_Patel]

Let me make it clear for others.

If You give Namepros Bank 100 NP$'s they will give you $1.2 US Dollar.

And If You give Namepros $2.3 US Dolars then namepros will give you 100 NP$'s

Now that's clear I think so. :D