Sentences with phrase «direct central bank interventions»

Not exact matches

«The central bank, if necessary, is fully capable of stabilising the exchange rate through direct intervention in the foreign exchange market to avoid [the] herd mentality resulting in irrational movements of the rate,» Ma was quoted as saying by the official Xinhua news agency.

So the central bank will have to improvise with a combination of rhetoric and direct market intervention to influence longer - term rates.