12-16-2013 Newshound Guru Kaperoni

12-16-2013   Newshound Guru Kaperoni    "Rise in central bank sales of dollar at auction Wednesday"   they reduced the Market Rate from 1230 to 1220.  Now just 3.5%.  Thats 10 pips overnight.  In theory, they could meet the IMF conditions within 2% in just a few more days.   Headed in the right direction lets hope.  IMO, the auctions the last 3-4 days were much higher and thus removed more dinar, creating demand and reducing the spread.  It really doesnt matter how, as long as they get there within the rules of a liberalized foreign exchange