How can a central bank use direct intervention, Financial Management

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How can a central bank use direct intervention

Direct Intervention

Response to the following problem:

How can a central bank use direct intervention to change the value of a currency? Explain why a central bank may desire to smooth exchange rate movements of its currency.

Make sure you use enough details to support your answer.

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Financial Management: How can a central bank use direct intervention

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Financial Management: How can a central bank use direct intervention

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