Why might a sterilized foreign-exchange market intervention have a greater impact on the exchange rate in times

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Why might a sterilized foreign-exchange market intervention have a greater impact on the exchange rate in times of fi nancial stress than in times of normal market conditions?

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Money Banking And Financial Markets

ISBN: 9780073375908

3rd Edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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Question Posted: Jul 25, 2024 05:01 AM

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Why might a sterilized foreign-exchange market intervention have a greater impact on the exchange rate in times

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Money Banking And Financial Markets

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