Government intervention in the foreign exchange markets

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Post an approximately 300-word response to the suggested discussion question. There are a number of ways to approach this assignment: consider the reading in relation to its historical or theoretical context; write about an aspect of the week’s reading that you don’t understand, or something that jars you; formulate an insightful question or two about the reading and then attempt to answer your own questions; or respond to another student’s post, building upon it, disagreeing with it, or re-thinking it. In any case, strive for thoughtfulness and nuance. Suggested Discussion Question: Many governments intervened in foreign exchange markets to dampen volatility and to influence currency movements. Identify an example of recent government intervention (2007 and after) in the foreign exchange markets and discuss its rationale. Also comment on the effectiveness of such government actions. Explain your opinions and provide supporting evidence.

Reference no: EM131518753

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