Authority which intervenes directly or indirectly in foreign exchange markets by...

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Authority which intervenes directly or indirectly in foreign exchange markets by altering interest rates is considered as

A. centralized instruments

B. centralized stocks

C. central government

D. central corporations

Answer: Option C

Solution (By Examveda Team)

Authority which intervenes directly or indirectly in foreign exchange markets by altering interest rates is considered as central government. The central government oversees finance, commerce, national defense, foreign affairs, and all laws 'necessary and proper'.

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