I was under the impression those reserves were to help keep the peg.
I know nothing about finance. Can somebody tell me how trading them with a counter-party 1:1 instead of selling them on the open market accomplishes that?
I was under the impression those reserves were to help keep the peg.
I know nothing about finance. Can somebody tell me how trading them with a counter-party 1:1 instead of selling them on the open market accomplishes that?