Sterilization

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Sterilization

A method by which a central bank may affect the value of the domestic currency relative to a foreign currency. To weaken the domestic currency, sterilization involves selling the domestic currency on the forex market and buying the foreign currency. This increases the supply of the domestic currency, while reducing the supply of the foreign. To strengthen the domestic currency, sterilization involves the opposite. A central bank usually conducts sterilization to counteract adverse changes to the domestic currency in foreign exchange markets.
References in periodicals archive ?
9771 paper bag and plastic medical grade (mixed) without bit, with adhesive closure and flag chemical sterilization for steam and gas in sterilize 13-15 x 25-28.
Contract awarded for 700 paper bag and plastic medical grade (mixed) paletn with without adhesive closure and chemical sterilization indicator for steam and gas sterilized 30 x 50-55 x 4-6 cm.
Contract awarded for paper bag and plastic medical grade (mixed) without bit, with adhesive closure and flag chemical sterilization for steam and gas sterilized 13-15 x 25-28
Contract awarded for code 8784 and plastic bag medical grade paper (mixed) adhesive closure and flag chemical sterilization for steam and gas sterilized 9-11 x 13-15 cms, bag.