Multiple Choice
Since the Australian dollar was floated in 1983, the RBA has:
A) not operated in the FOREX market.
B) intervened in the FOREX market continually in order to maintain the Australian dollar at a certain level.
C) intervened in the FOREX market only when the Australian dollar is under speculative pressure or when it is extremely volatile.
D) handed control of the Australian dollar over to the Treasury.
Correct Answer:
Verified
Correct Answer:
Verified
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