To begin with we shall understand what is currency intervention:
Currency interventsiya- significant one-time targeting of the central bank of the country navalyutny market and exchange rates, carried out through the sale or purchase of a bank of large batches of foreign currency. Currency intervention is carried out for the regulation of foreign exchange in the public interest.
As we can see from the graph, the Central Bank of currency intervention carried out on 1 December.
And why it was held on December 1 and December 3 not like?
I think, though I'm not a banker and economist by training, that an intervention of the Central Bank shall not correct.
A feeling that the Bank does not expect the best moments for intervention works.
And I think that intervention is carried out on a call from the Kremlin, saying that Putin is worried for the course, it is necessary to reduce the ...
And you can not do that, you need to find and calculate the best moments for foreign exchange intervention.
Files:
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