How will they conduct a sterilized intervention

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Reference no: EM13151156

Please answer this briefly in few sentence and do not copy from other source please. I won't rate if the answer seems like wrong or unsatisfied. Suppose the Federal Reserve in the United States wants to increase the value of the British pound against the dollar. How might they intervene in the foreign exchange market to accomplish this? If the Fed wants to leave the US money supply unchanged by the foreign exchange market intervention, how will they conduct a sterilized intervention?

Reference no: EM13151156

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