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Re: more evidence on the US BOP



troy cochrane wrote:

How would the CB at the B'est C of all have made money off the baht
crisis? Would it have been a conscious act, or simply a nice
unplanned benefit?

I was referring to the long-term history of Fed interventions in the FX markets. Don't know specifically what they did during the Asian crisis, though I could probably check my spreadsheet, but it's late & I'm going to sleep now.

Doug



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