When demand is on the rise, interest rates decrease and investors are incentivized to sell. Additionally, MinexBank uses its own reserve to conduct interventions - selling or buying MNC to alleviate market’s pressure.
If the market is a set of independent exchanges, how will the supply and demand monitoring in the market, which is an external system for MinexCoin and MinexBank, be carried out?If this balance is changed toward supply, and hence the depreciation, Minexbank will increase the interest rate for parking operations thus stimulating demand, and reducing the supply.
We did not invent such scenarios. They are used every day for many decades by the Central Banks of all countries of the world, to regulate the exchange rate of the National currencies.
Of course, Minexbank will not react to changes in the market "post factum." The predictors are included in the calculation algorithm, the change in the indicators of which makes it possible to calculate market behavior both in the short and long term.
Some of them:
Volume of issue
Absolute and relative volume of coins in "glasses"
Absolute and relative volume of "parked" coins
The rate of change in the price of a coin.
The volume of reserves of Minexbank.
And many others. These predictors are objective.
