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Currency intervention, also known as foreign exchange market intervention or currency manipulation, is a monetary policy operation. It occurs when a government or central bank buys or sells foreign currency in exchange for its own domestic currency, generally with the intention of influencing the exchange rate and trade policy.
History, Modern examples & Purposes
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exchange rate foreign currency bank intervention central market monetary swiss us franc russian financial reserves snb policy billion domestic bonds
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Currency intervention | is a | imposition of a fixed exchange rate with respect to some other currency or to a weighted average of some other currencies | 0.90 | text |
| Currency intervention | is a | policy that influences the exchange rate indirectly | 0.90 | text |
| Singapore | instance of | newly industrialized economies | 0.80 | text |
| developing Asian economies such as China | instance of | newly industrialized economies | 0.80 | text |
| and oil exporters | instance of | newly industrialized economies | 0.80 | text |
| such as Russia | instance of | newly industrialized economies | 0.80 | text |
| Currency intervention | related to Direct intervention | Direct | 0.60 | section |
| Currency intervention | related to Direct intervention | Depending | 0.60 | section |
| Currency intervention | related to Indirect intervention | Indirect | 0.60 | section |
| Currency intervention | related to Indirect intervention | Some | 0.60 | section |
| Currency intervention | related to Indirect intervention | Those | 0.60 | section |
| Currency intervention | related to Modern examples | According | 0.60 | section |
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