Understanding the Role of Central Banks in Forex: A Comprehensive Guide
Central banks play a pivotal role in the world of foreign exchange (Forex). Their decisions and actions significantly impact currency exchange rates and shape the global economy. Understanding the role of central banks in Forex is essential for investors, traders, and anyone interested in international finance. In this comprehensive guide, we will explore the key aspects of central banks' involvement in the Forex market, including the influence of monetary policies, interest rates, and intervent