Question: 1. Foreign currency intervention is the active management, manipulation, or intervention in the market's valuation of a country's currency. Who intervenes in the foreign exchange
1. Foreign currency intervention is the active management, manipulation, or intervention in the market's valuation of a country's currency. Who intervenes in the foreign exchange markets? Why is there a need for intervention? How does currency intervention take place? Would you expect it to be effective for an emerging country with limited foreign currency reserves? Please give examples as well
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