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.
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References in periodicals archive ?
The present study was conducted to compare different sterilizing agents being used based on earlier available scientific data.
In Austin, Texas, Brackenridge Hospital, a public facility being managed by a Catholic health care group, is under fire from ultra-conservative Catholics because it continues to offer sterilizing operations and birth control, as city officials stipulated in writing before agreeing to the arrangement.
On March 7, a Senate subcommittee held hearings on legislation that calls for slaughtering or sterilizing all bison in Yellowstone that test positive for Brucella or that can't be tested.
This system, then, has three kinds of hosts: unifected hosts, u; hosts carrying Wolbachia with the normal sterilizing allele, s; and hosts carrying the microbe with one or the other of two kinds of nonsterilizing alleles, explained below.