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A central bank intervenes to strengthen their currency in the foreign exchange market and makes it a sterilized intervention. Which one of the following will
A central bank intervenes to strengthen their currency in the foreign exchange market and makes it a sterilized intervention. Which one of the following will be their action?
a. Buy international reserve assets and buy domestic bonds
b. Sell international reserve assets and sell domestic bonds
c. Buy international reserve assets and sell domestic bonds
d. Sell international reserve assets and buy domestic bonds
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