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can anyone help please
At present, one unit of a country’s currency exchanges for US$1.2. The country aims to set its exchange rate at US$1.4. Which combination of government actions in the foreign exchange market must achieve this aim?
A buying US currency and buying its own currency
B buying US currency and selling its own currency
C selling US currency and buying its own currency
D selling US currency and selling its own currency
At present, one unit of a country’s currency exchanges for US$1.2. The country aims to set its exchange rate at US$1.4. Which combination of government actions in the foreign exchange market must achieve this aim?
A buying US currency and buying its own currency
B buying US currency and selling its own currency
C selling US currency and buying its own currency
D selling US currency and selling its own currency