The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the First Quarter
May 15, 2020
May 15, 2020
NEW YORK, May 15 -- 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 January - March 2020 quarter, the Federal Reserve Bank of New York said 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, appreciated 7.1 percent in the first quarter of 2020, which was the most s . . .
The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the January - March 2020 quarter, the Federal Reserve Bank of New York said 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, appreciated 7.1 percent in the first quarter of 2020, which was the most s . . .