Each of the following statements about central hanks of countries and foreign exchange markets is true except a The central banks are generally major players in the foreign exchange market b Most central banks actively manage their foreign exchange reserves with the purpose of generating trading pr...

Statements a c and d are true Statement b is n ...

Each of the following statements about central hanks of countries and foreign exchange markets is true except:

Question:

Each of the following statements about central hanks of countries and foreign exchange markets is true except:
a. The central banks are generally major players in the Most central banks actively manage their foreign exchange reserves with the purpose of generating trading profits from favorable movements.
c. A modeling of central bank intervention in the sometimes helps to understand the short-term behavior of exchange rates.
d. Central banks may intervene in the for the implementation of monetary policy and targets.
Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars... Foreign Exchange Market
The foreign exchange market (also known as forex, FX or the currency market) is an over-the-counter (OTC) global marketplace that determines the exchange rate for currencies around the world. Participants are able to buy, sell, exchange and...