Dossier
foreign exchange intervention
Coverage of foreign exchange intervention in the Nexus archive.
- SNB Readiness to Intervene on FX Is Elevated, Martin Tells RTS
The Swiss National Bank (SNB) maintained its interest rate at zero, citing a weakened inflation outlook as insufficient justification for negative borrowing costs. SNB's readiness to intervene in foreign exchange markets is elevated, as noted by Martin in an RTS interview.
- Bank Indonesia Holds Key Rate, Vows Further FX Intervention
Bank Indonesia has decided to maintain its key interest rate and pledged to continue foreign exchange interventions to stabilize the currency. The central bank aims to manage economic stability through these measures.