If the Fed wants to depreciate the U.S. dollar against the British pound, it will__________ .

Name: If the Fed wants to depreciate the U.S. dollar against the British pound, it will__________ .
Brand: Quizplus
Rating: 5.0 (48 reviews)

Question

Quizplus · Accepted Answer

When the Fed wants to depreciate the U.S. dollar against the British pound, it will sell U.S. dollars in the foreign exchange market. This will increase the supply of U.S. dollars in the market, lowering its value relative to other currencies such as the British pound.

If the Fed Wants to Depreciate the U