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Bank of Canada (BOC) should intervene in the market to manipulate the exchange rate to boost theeconomys exports during recessionary phase. Canada is also the
Bank of Canada (BOC) should intervene in the market to manipulate the exchange rate to boost theeconomys exports during recessionary phase. Canada is also the largest exporter for US and exportshave been impacted as well. Based on the given information, in 4 -6 complete meaningful sentencesprovide your recommendations on how BOC can directly and indirectly intervene in the market tochange the exchange rate. Your answer should include direct and indirect intervention both.
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