Question: What does foreign exchange intervention imply? Select one the most appropriate answer. Group of answer choices Intervention is carried out by banking institutions in order
What does foreign exchange intervention imply? Select one the most appropriate answer.
Group of answer choices
Intervention is carried out by banking institutions in order to impair the countrys balance of payments.
Foreign exchanges intervene in the domestic economic policy of a country by affecting its balance of payments.
Expansion of current account transactions is carried out in order to equalize balance of payments.
No correct answer.
Currency exchange rate is intentionally influenced by foreign residents.
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