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Select the correct option.

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    • Avatar of Stuj79Stuj79
      Participant
        • CFA Charterholder
        24 May 2018 at 4:07 pm
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        I’ll opt for C 🙂

      • Avatar of doCFAdoCFA
        Participant
          • CFA Charterholder
          24 May 2018 at 6:16 pm
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          Yes, You are right. 

          C is correct. In a sterilized
          operation, the authorities of an emerging market country would sell domestic
          securities to the private sector to reduce the excess liquidity created by FX
          intervention activities.

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