The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter
February 14, 2020
February 14, 2020
NEW YORK, Feb. 14 -- The Federal Reserve Bank of New York issued the following news release:
The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the October - December 2019 quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress.
The U.S. dollar, as measured by the Federal Reserve Board's broad trade-weighted dollar index, depreciated 2.6 percent in the fourth quarter of 2019 as improve . . .
The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the October - December 2019 quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress.
The U.S. dollar, as measured by the Federal Reserve Board's broad trade-weighted dollar index, depreciated 2.6 percent in the fourth quarter of 2019 as improve . . .