Unsterilized intervention

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Unsterilized intervention

Foreign exchange market intervention in which the monetary authorities have not insulated their domestic money supplies from the foreign exchange transactions.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Unsterilized Intervention

A central bank's attempt to influence exchange rates by refusing to buy or sell assets or currencies. This allows the money supply to change without interference of the central bank. See also: Sterilized intervention, floating currency.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Kohlscheen and Andrade (2014) analyzed the effects of indirect interventions in foreign exchange markets via currency swap auctions and found that in Brazil about 90% of the impact occurred in the first 30 min that followed the announcement of an operation.
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