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Quotes of the day:
We are totally opposed to abortion under any circumstances. We are also opposed to abortifacient drugs and chemicals like the Pill and the IUD, and we are also opposed to all forms of birth control with the exception of natural family planning.
The term unsterilized foreign exchange intervention refers to how a country’s monetary authorities influence exchange rates and its money supply—by not purchasing foreign or by not selling domestic currencies or assets. This kind of approach is considered passive to exchange rate fluctuations, allowing for fluctuations in the monetary base. Unsterilized foreign exchange interventions are also called nonsterilized interventions.
Sterilized vs Unsterilized Exchange Rate Intervention
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