What is the meaning and purpose of a sterilized intervention?
A) A sterilized intervention happens when a more valuable currency is repeatedly traded to reduce a country's interest rates.
B) A sterilized intervention happens when a less valuable currency is repeatedly traded for currencies of increasing value.
C) A sterilized intervention happens when a central bank buys a foreign currency and also buys government securities to offset the decrease in the monetary base.
D) A sterilized intervention happens when a central bank buys its own country's currency and also buys government securities to offset the decrease in the monetary base.
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