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What is foreign exchange operation?

Updated: 9/16/2023
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Wiki User

13y ago

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The Eurosystem conducts foreign exchange operations according to Article 105 and consistent with the provisions of Article 111 of the Treaty establishing the European Community. Foreign exchange operations include

  • foreign exchange interventions;
  • operations such as the sale of foreign currency interest income and so-called commercial transactions.
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11y ago
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13y ago

The buying or selling of foreign exchange is known foreign exchange operation.

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