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Non-sterilised intervention sales of the domestic currency in foreign exchange markets Question 7 options: 1) Increases the domestic monetary base (monetary liabilities held at the

Non-sterilised intervention sales of the domestic currency in foreign exchange markets

Question 7 options:

1)

Increases the domestic monetary base (monetary liabilities held at the central bank)

2)

Decreases the domestic monetary base (monetary liabilities held at the central bank)

3)

Leaves official foreign reserves unchanged

4)

Decreases official foreign reserves.

5)

None of the given answers

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