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Home > QFINANCE Dictionary > Definition of official intervention

Definition of

official intervention

Currency & Exchange

government action to affect exchange rate an attempt by a government to influence the exchange rate by buying or selling foreign currency

Recommended Further Reading (Term count)
  • New Dollar Area: The Makings of the Mess
    by Brian Reading
    They called it “Bretton Woods 2.” A better name would have been the “new dollar area” (NDA), especially when the November 2008 G20 summit to fix the global financial architecture was labeled by the media as Bretton Woods 2. It is an informal, fixed, or semi-fixed exchange rate regime centered on the dollar. Whatever it is called, it did much to cause the world financial crisis. While the two are intimately linked, they are rarely discussed...

Definitions of ’official intervention’ and meaning of ’official intervention’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’official intervention’ and other financial terms with our online QFINANCE Financial Dictionary.

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