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 ?
Protocols with respect to pests and disease may relate to several areas of control, treatment, packaging and documentation and may involve grid trapping for pests, individual orchard registration, cold sterilization, packhouse or process quality systems, plus traceability of chemicals and product components.
In New Zealand, DMDC has been approved for the cold sterilization of wine as well.
The Company's patented dual stage cold sterilization ultrafilter has the capability to filter out bacteria and, due to its exceptional filtration levels, filter out many viruses and parasites.