Dominguez, Kathryn M. (contributor); … - 2007
operations secret, even
ex post.
2
The financial press often reports when a central bank is intervening over the
wire …
Sterilized interventions are a combination of two transactions. The central bank conducts a non-sterilized
intervention, for …. The central bank then sterilizes the operation by selling (or
purchasing) a corresponding quantity of home …