Describe two channels through which foreign exchange interventions may affect the value of the exchange rate.

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International Financial Management

ISBN: 978-0132162760

2nd edition

Authors: Geert Bekaert, Robert J. Hodrick

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Question Posted: May 28, 2012 03:58 AM

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Describe two channels through which foreign exchange interventions may affect the value of the exchange rate.

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There is a direct and an indirect channel As indicated in question 7 the direct effect of forex purc...View the full answer

International Financial Management

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