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Central bank intervention

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Central bank intervention
The buying or selling of currency, foreign or domestic, by central banks in order to influence market conditions or exchange rate movements.
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Central bank intervention to maintain the dollar peg caused the accumulated foreign exchange reserves of the Asian economies to rise from $543 billion at the end of 2000 to $917 billion as of September 2004, a total increase of $374 billion.
Has dollar pegging paid off for Asia? by The International Economy
Fiscal deficits and a fixed exchange rate maintained by Central Bank intervention in monetary markets keep interest rates high.
RIGHTEOUS LEADER by LONG, THOMAS / Latin Trade
Many market participants ascribed the dollar's burst of strength to rumors of central bank intervention or market inquiries by monetary officials.
Treasury and Federal Reserve Foreign Exchange Operations by Bonanca, Jason J. / Federal Reserve Bulletin
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