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is fhis right? please let me know 7. Indirect intervention Suppose the Fed wants to strengthen the dollar by using Indirect intervention To accomplish this
is fhis right? please let me know
7. Indirect intervention Suppose the Fed wants to strengthen the dollar by using Indirect intervention To accomplish this goal, the red could warn speculators that it intends to increase the value of the dollar soon. Anticipating the increase in value, speculators may try to exchange other currencies for dottars, thereby increasing the supply of other currences in the foreign exchange market. All else equal this would raise the value of the dollar relative to the other currendes Step by Step Solution
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