Monday, February 10, 2014

2-10-2014 Newshound Guru Kaperoni

2-10-2014   Newshound Guru Kaperoni   Article:   "Lacey criticized the Central Bank's decision to exclude banks from the auction currency only on condition that put their money in the Bank"   I'm just speculating a bit but what I see here is the CBI is allowing banks on their own to buy up currency (dinars?)  but as a condition they must keep it in the banks and not let it back out into circulation.  This would seem to imply the CBI may be collecting dinar or trying to minimize the amount on the street.  This guy appears to be saying, the banks just can’t pile it up and send it back to the CBI, we need it in the economy.  It may be a sign of something to come.