Since the Australian Dollar Was Floated in 1983, the RBA

question 107

Multiple Choice

Since the Australian dollar was floated in 1983, the RBA has:

• A) not operated in the FOREX market.
• B) intervened in the FOREX market continually in order to maintain the Australian dollar at a certain level.
• C) intervened in the FOREX market only when the Australian dollar is under speculative pressure or when it is extremely volatile.
• D) handed control of the Australian dollar over to the Treasury.

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