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Central banks sometimes try to influence exchange rates by intervening in financial markets (1) Why do they want to influence exchange rates? (2) Does the
Central banks sometimes try to influence exchange rates by intervening in financial markets
(1) Why do they want to influence exchange rates?
(2) Does the Fed intervene more or less than other countries, say Japan or China, in an effort to influence exchange rates?Explain.
(3) Has intervention increased, decreased, or remained the same because of the coronavirus pandemic?
*cite references to outside source
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