A sterilized purchase of international reserves by a central bank is meant to make its currency

Name: A sterilized purchase of international reserves by a central bank is meant to make its currency
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Question

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A sterilized purchase of international reserves by a central bank involves offsetting the purchase with other financial market operations to neutralize the impact on the money supply, thus aiming to keep the currency value stable, neither appreciating nor depreciating.

A Sterilized Purchase of International Reserves by a Central Bank