Why do governments and central banks intervene in the foreign exchange markets? If markets are efficient, why

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Why do governments and central banks intervene in the foreign exchange markets? If markets are efficient, why not let them determine the value of a currency?
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Multinational Business Finance

ISBN: 978-0133879872

14th edition

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

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