A rumor broke yesterday as a direct quote from someone in the know stating ”
We can no longer borrow dollars. US money-market funds are not lending to us anymore.”
The bank released a statement Tuesday saying, “BNP Paribas [BNP-FR 24.57 -1.55 (-5.93%) ] categorically denies the statements made by this anonymous source and confirms that it is fully able to obtain USD funding in the normal course of business, either directly or through swaps.”
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i am not giving them any dollars
me either chivo….can’t trust any bank these days!