| 单词 | intervention in foreign exchange markets |
| 释义 | intervention in foreign exchange markets Action by central banks or other monetary authorities to influence an exchange rate. A currency will be sold to keep its price relative to other currencies down, or bought to keep its price up. Intervention in the foreign exchange market may be ‘unsterilized’, meaning that it is allowed to alter the domestic money supply, which rises when foreign exchange is bought and falls when foreign exchange is sold. This is distinguished from ‘sterilized’ intervention, where the central bank sells securities when it buys foreign currency, so as to keep the domestic money supply constant. See also: sterilization |
| 随便看 |
|
英汉经管词典收录了3426条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。