Intervention in the foreign exchange market is the process of:
A) A central bank requiring the commercial banks of that country to trade at a set price level.
B) Commercial banks in different countries coordinating efforts in order to stabilize one or more currencies.
C) A central bank buying or selling its currency in order to influence its value.
D) The government of a country prohibiting transactions in one or more currencies.
Correct Answer:
Verified
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