Foreign Exchange Intervention Disclosure
- Foreign exchange intervention disclosure is appropriate considering the transparency that is characteristic of the inflation targeting system.
- With respect to intervention through auctions, the amounts are announced in advance and the amounts that are approved and/or exercised are disclosed on the day of the intervention.
- In the case of direct discretionary market intervention, the amount of intervention is reported to the market at the end of each month. This is done during the first five working days of the following month.
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