HONGKONGDIR

HOMECompaniesDictionaryFAQs

Home » Dictionary » Forex » foreign exchange intervention

Foreign Exchange Intervention

Definition
The practice of a national primary monetary authority, such as a central bank, intervening in currency value by building cash reserves of its own currency. This action is intended to protect the value of a country's currency, and is often conducted by developing nations to stabilize macroeconomic conditions.

Nearby Terms
Similar companies
Copyright © 2013 hongkongdir.com All Rights Reserved.
Provides public information about companies in the Hong Kong.