The Deviation from Reserve Equilibrium figure can be negative or positive. When it is positive, NSR buybacks will occur. When it is negative (as now), NSR sales will occur. The magnitude of the deviation determines the size of daily NSR buybacks or NSR sales. If the deviation is far in negative territory, a proportionately high quantity of NSR will be sold. The NSR sales have the affect of moving the deviation closer to 0, closer to balance. As this happens, the quantity of NSR sales is reduced until the deviation is 0, the point at which neither NSR sales or NSR buybacks occur.
Under current rules, two months ago on 11/24 we would have needed to sell nearly $700 worth of NSR each day, or 1% of the deviation. Today, because the deviation is only $44,157, we only need to sell $441.57 worth of NSR each day. If we sell NSR, US-NBT or CN-NBT at rates that exceed our expenses, then the deviation from equilibrium will decrease (if negative like now).
Ultimately, it is our hope to sell a great deal of currency, causing the deviation from equilibrium to be highly positive, resulting in large daily NSR buybacks. Although I am not satisfied with our progress, the graph clearly shows we are making regular movement toward NSR buybacks.