by Vixen » Sun Dec 06, 2015 12:14 pm
12-6-2015 *Kaperoni ~Article quote: "The auction currency on growing despite many appeals to the Central Bank need to reduce such sales of hard currency, especially since such sales sometimes cover the reserve value negatively affecting its quantity..." Well, the auctions cannot end until there is a new mechanism to take it's place. And that would be the float and more than likely Article VIII as well. As long as the dinar stays pegged and the CBI runs a currency board, auctions are the method. They need to grow up the banking system and take the next step for sure. When? My guess is we won't see any movement until the laws are passed. All we can do is watch.