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Kaperoini believes  the CBI is taking steps to raise the value (before June).  I_icon_minitimeYesterday at 11:16 am by kenlej

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Kaperoini believes the CBI is taking steps to raise the value (before June).

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Kaperoini believes  the CBI is taking steps to raise the value (before June).  Empty Kaperoini believes the CBI is taking steps to raise the value (before June).

Post by Ponee Tue Feb 11, 2014 9:48 pm

2-11-2014 Newshound Guru Kaperoni Article: "Central bank: direct a number of banks funded their accounts open for the purposes of currency auction" https://www.dinardaily.net/t31352-central-bank-direct-a-number-of-banks-funded-their-accounts-open-for-the-purposes-of-currency-auction#203116



The fact that the banking system is now operating on "open market" operations is huge. IMO it means the CBI is taking steps to raise the value (before June). The auction numbers will be a thing of the past because now that all banks have $250m in capital they are now funding the foreign currency needs.

READ THE ARTICLE HERE  https://www.dinardaily.net/t31352-central-bank-direct-a-number-of-banks-funded-their-accounts-open-for-the-purposes-of-currency-auction#203116

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