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D
2007 Economics Marathon
The RBA can influence the exchange rate in 2 ways directly or indirectly. Directly it can enter the market as a buyer/seller of Aus. currency in what is known as dirtyin the float. For example if it wanted to cause an appreciation it would sell all its stocks of foreign currency, to purchase Aus...- Dre at St Pats
- Post #17
- Forum: Economics
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