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Title: When the domestic currency is initially overvalued in a fixed exchange rate regime, the central bank Post by: valputin on Nov 29, 2015 When the domestic currency is initially overvalued in a fixed exchange rate regime, the central bank must intervene in the foreign exchange market to ________ the domestic currency, thereby allowing the money supply to ________.
A) purchase; increase B) sell; decline C) purchase; decline D) sell; increase Title: Re: When the domestic currency is initially overvalued in a fixed exchange rate regime, the central Post by: Meela on Dec 6, 2015 Content hidden
Title: Re: When the domestic currency is initially overvalued in a fixed exchange rate regime, the central bank Post by: valputin on Dec 14, 2015 Perfect answer, thx
Title: Re: When the domestic currency is initially overvalued in a fixed exchange rate regime, the central bank Post by: Meela on Dec 14, 2015 Great! Happy to be right :p
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