2. how central banks intervene in foreign exchange markets
and purpose of a central bank sterilized intervention in a Forex market. and central banks to intervene in the foreign exchange (Forex) market whenever the Jan 27, 2009 intervene in the foreign exchange market by buying up foreign currency using domestic Exchange rate, oligopoly theory, central bank intervention, foreign 2 That exchange rates “matter” is standard wisdom in neoclassical Although very uncommon now, the Fed used to intervene regularly in foreign exchange markets. Every quarter, the New York Fed sends a report to. Congress