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Mandy101 · 24 Apr 2005, 5:39 PM

so for example, the reserve bank buys Australian dollars - that would decrease supply/increase demand which would lead to an appreciation of the dollar. they don't tell the public they are doing it though, so it is covert intervention.

24 Apr 2005, 5:39 PM	#6 (permalink)
Mandy101 Senior Member HSC: 2005 Gender: Female Join Date: Feb 2005 Posts: 256 Last Activity: 19 Mar 2006, 5:21 PM	so for example, the reserve bank buys Australian dollars - that would decrease supply/increase demand which would lead to an appreciation of the dollar. they don't tell the public they are doing it though, so it is covert intervention.