Implementation of a weekly foreign exchange auction mechanism.
Introduced at R1R2. Objective: Greater exchange rate flexibility. At R5, in progress. The hardware platform has been put in place, and the software will be put in place following IMF TA. At R6, Not met. The hardware platform has been put in place and reforms to develop the market are under way to facilitate the implementation of this mechanism. New test date of October 2015 is specified.