What is the story of the quarter of 14 million coins? – Tejarat News
According to Tejarat News, the second round of supply of quarter coins by the Central Bank in the Commodity Exchange started yesterday with the new price discovery method; A process that reduced the price of the coin by one million tomans in the market, but unexpected events also happened in this supply round.
The information that was published about the supply yesterday shows that in some cases, orders up to 14 million Tomans have been registered; An issue that was accompanied by explanations from the central bank.
The central bank has started offering quarter coins in the stock market again since yesterday. Of course, unlike the previous time when the price of the coin was determined by the central bank itself, this time it was tradable with a range of positive and negative fluctuations of 100% of the weighted average price of transactions.
Therefore, the applicants could register their bid price, among them there were people who registered their bid price of 14 million tomans and bought the coin at this price. This process continues until the supplier has sold the coin at the lowest price that the applicants have ordered.
Mustafa Qamariwafa, Public Relations Director of the Central Bank, has stated in response to this incident that according to the announcement of the Central Bank, the supply of Bahar Azadi gold quarter coins in the Commodity Exchange at this stage is in the form of a continuous deposit certificate and the process of discovering the new price in the relevant supply is also in progress. The form of “registration of book order with different prices” is to eliminate the coin bubble and adjust unrealistic inflationary expectations and eliminate brokerage. Explanations that show that people were allowed to choose the suggested price for buying quarters and it seems that the motivation of these people to buy quarters at a price higher than the free market price is not very clear and maybe with the aim of disrupting the market balance and preventing the price of coins from falling. and gold has been made.
According to this report, according to the announcement of the Central Bank, the coin supply process will continue for another 9 working days.
Source: ISNA