Speculative attacks:

Name: Speculative attacks:
Brand: Quizplus
Rating: 4.8 (51 reviews)

Question

Quizplus · Accepted Answer

Speculative attacks can be triggered even when domestic policymakers are acting responsibly. Speculators may see an opportunity to profit from a misalignment between a country's exchange rate and its fundamental economic conditions, and this can cause a speculative attack. The ability of a country's central bank to stop a speculative attack is not always guaranteed, and speculative attacks are not necessarily illegal.

Speculative Attacks