Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the 3Q
November 13, 2020
November 13, 2020
NEW YORK, Nov. 13 -- The Federal Reserve Bank of New York issued the following news release on Nov. 12:
The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the July - September 2020 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 2.9 percent in the third quarter of 2020. T . . .
The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the July - September 2020 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 2.9 percent in the third quarter of 2020. T . . .