To appreciate the Australian dollar against the U.S.dollar,in the foreign exchange market the Reserve Bank could ________ Australian dollars and ________ U.S.dollars.

Question

Quizplus · Accepted Answer

To appreciate the Australian dollar against the U.S. dollar, the Reserve Bank would buy Australian dollars and sell U.S. dollars, increasing demand for the Australian dollar and decreasing its supply.

To Appreciate the Australian Dollar Against the U