1.Central banks buy or sell currency in open-market trasactions on the foreign exchange market to influence the local cu
Posted: Sat Mar 19, 2022 5:56 pm
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)
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)