Jeff
Article: “Iraq presents to the US Treasury date for abandoning the currency auctions”
The auctions will end or be abandoned the day the rate changes.
The rate will change on a Sunday morning. That’s when the currency auctions will end, when the rate changes.
This article’s saying the currency auctions will end by year end. They’re talking to US officials…They’re just making a generalized statement, saying by year end…So by the end of December…the currency auctions will end meaning the rate would have to change allowing the auctions to end…
