Suggest reasons why your country’s central bank may need to intervene in the foreign exchange market

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter24: Enterprise Risk Management
Section: Chapter Questions
Problem 7MC
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Suggest reasons why your country’s central bank may need to intervene in the foreign exchange market 

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Central bank main duty is keeping currency rate and interest rate under control there should not be too much volatility in currency markets and interest So it is in interest of economic stability.

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