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Old 24 Apr 2005, 5:43 PM   #9 (permalink)
nick1048
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it's called the RBA dirtying the float. The term dirtying is used because it interupts the free flow of pure market forces (i.e. supply and demand). If you interfere with something pure u tain or dirty it, hence why it's actually the correct terminology.

There is no direct substitute but you could use

"The government can intervene in order to stablise the exchange rate"

OR

"The government can introduce microeconomic reform in order to stablise the exchange rate"


personally I would use dirty the float, as it is widely accepted and understood amongst economists.
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