This article has been translated from English to Gen Z Slang.
Quotes in fixed units of foreign currency against domestic currency. 💸
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Related Terms
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"Sectoral Tariffs: Targeted Import Taxes for Specific Industries"
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A central bank intervention occurs when a central bank buys (or sells) its currency in the foreign exchange market in order to raise (or lower) its value against another currency. Translation: Central bank swoops in to flex its currency, buying or selling to boost or chill its worth against another currency.
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