Explain why a central bank might want to intervene in the foreign exchange market to prevent an
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Explain why a central bank might want to intervene in the foreign exchange market to prevent an excessive appreciation of its currency, even if it previously stated that it would allow its currency to respond to supply and demand conditions in the foreign exchange market.
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A central bank may intervene in the foreign exchange market to prevent an excessive appreciation of its currency even if it previously stated a handso...View the full answer
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