diff --git a/modules/currency.js b/modules/currency.js
index e42799c0864..eaed4c50df2 100644
--- a/modules/currency.js
+++ b/modules/currency.js
@@ -148,6 +148,8 @@ function loadRates() {
         }
       }
     );
+  } else {
+    processBidResponseQueue();
   }
 }
 
diff --git a/test/spec/modules/currency_spec.js b/test/spec/modules/currency_spec.js
index 623194cbee9..fa44b7daa7a 100644
--- a/test/spec/modules/currency_spec.js
+++ b/test/spec/modules/currency_spec.js
@@ -259,6 +259,19 @@ describe('currency', function () {
       expect(innerBid.getCpmInNewCurrency('JPY')).to.equal('100.000');
     });
 
+    it('does not block auctions if rates do not need to be fetched', () => {
+      sandbox.stub(responseReady, 'resolve');
+      setConfig({
+        adServerCurrency: 'USD',
+        rates: {
+          USD: {
+            JPY: 100
+          }
+        }
+      });
+      sinon.assert.called(responseReady.resolve);
+    })
+
     it('uses rates specified in json when provided and consider boosted bid', function () {
       setConfig({
         adServerCurrency: 'USD',