Thursday - November 21, 2024
Federal Reserve, U.S. Treasury Did Not Intervene in FX Markets During Q3
November 15, 2024
NEW YORK, Nov. 15 (TNSres) -- The Federal Reserve Bank of New York issued the following news release on Nov. 14, 2024:

The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the July - September 2024 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 2.4% in Q3 2024. The dollar' . . .

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