Article quote: “Governor Ali al-allaq said in March that the new Bank is that the auction is no longer a daily window for sell by auction, noting that new mechanisms developed to sell the currency, particularly the functional currency of the foreign trade.”
The discontinuation of the daily currency auctions…Must happen. The only thing I’m looking at is the Auctions…PERIOD, END OF STORY. Nothing else matters.
The auctions are for buying the USD. They have to get the USD off the streets! No way around it. When it is completely halted…then IMO we should be expecting the LDs to hit the streets as well.
I’m pretty pumped to tell u the truth.