How does a central bank control the foreign exchange market FOREX?
Also, why would a central bank want to do this?
Also, why would a central bank want to do this?
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And what was the government’s justification? I need to find something for school, but I cannot find anything. Please help.
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http://news.yahoo.com/s/nm/20070824/od_uk_nm/oukoe_uk_japan_forex
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a. British pound.
b. Chinese yuan.
c. Japanese yen.
d. U.S. dollar.
Do they really work