1.Central banks buy or sell currency in open-market trasactions on the foreign exchange market to influence the local cu

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answerhappygod
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1.Central banks buy or sell currency in open-market trasactions on the foreign exchange market to influence the local cu

Post by answerhappygod »

1.Central banks buy or sell currency in open-market trasactions
on the foreign exchange market to influence the local
currency.(T/F)
2.An intervention by the central bank where domestic money
supplies are not protected against foreign exchange transactions is
called an unsterilized intervention.( T/F)
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