Discuss how a central bank can use sterilized and unsterilized foreign exchange market intervention to prevent exchange
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Question:
Discuss how a central bank can use sterilized and unsterilized foreign exchange market intervention to prevent exchange rate depreciation without affecting the money supply. Give referencing and examples to your answer.
Related Book For
International Economics Theory and Policy
ISBN: 978-0273754206
9th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
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