Consider the following scenario.The Swiss franc is operating under a managed float exchange system.Under this system,what actions can the Swiss central bank take to influence the current exchange?
A) Purchase or sell foreign currencies to bring the currency in line with its desired value
B) Announce a new target exchange rates
C) Commit to a new fixed rate against the current basket of foreign currencies
D) Set guidelines for when inflationary pressures will force action on money supply changes
Correct Answer:
Verified
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