Currency exchange is just like any other transaction, right? Someone wants to buy dollars with Euros, someone else wants the inverse, and they trade. How would a government manage to effectively regulate all of that, when those transactions are happening all over the world?
In: Economics
When the price goes too low, they buy it. When the price goes too high, they sell it. It takes a lot of money to do this, but if you’re motivated, you can do it for a range of trading values.
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