G gazhoo New member Joined Nov 30, 2008 Messages 0 Reaction score 0 Apr 2, 2013 #1 Sterilized intervention gov’t sells securities to reduce effects of FX intervention Monetary base and short term rates unaffected Can anyone explain this? How does selling securities reduce the effects of FX intervention????
Sterilized intervention gov’t sells securities to reduce effects of FX intervention Monetary base and short term rates unaffected Can anyone explain this? How does selling securities reduce the effects of FX intervention????