How do central banks affect the forex? - Part two

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Uploaded by on Aug 5, 2008

One of the additional tools a central bank has access to are its foreign currency reserves. Most central banks use these reserves to back their currency and other liabilities and some will use those reserve accounts to interfere in the FX market. 100% free forex education available from http://www.pfxglobal.com.

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  • Thanks, this is informative and insightful.

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