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The key question is now whether the central bank will start intervening...Unlike the Swiss they have managed to have that ceiling without actually having to act to maintain it, the concern will be if the exchange rate does come under large pressure and if they accumulate large reserves they would be under pressure to remove the exchange rate ceiling, much like the Swiss had to do earlier in the year.

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Reuters 9 years ago
William Jackson

William Jackson

William Walrond Jackson was the Rector of Exeter College, Oxford from 1887 to 1913.

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    "William Jackson Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 23 Dec. 2024. <https://www.quotes.net/citizen-quote/99596>.

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