ABOUT THE PROCESS OF THE NEW RATE ON FOREX BY FRANK26, 15 OCT

  Frank26 

 Question: "What's the process of the new rate going live on Forex?"

  The CBI, when they officially announce it to the world at the same moment those words are coming out of their mouth, then they push a button that sends the official rate all over the world, not just to currency exchanges but to banks, 

to reserves, to those that need the information...