In order to maintain exchange rate stability, central banks often intervene in the foreign exchange market by buying and selling foreign exchange. When the local currency exchange rate（）, they sell foreign exchange and withdraw local currency.
In order to maintain exchange rate stability, central banks often intervene in the foreign exchange market by buying and selling foreign exchange. When the local currency exchange rate（）, they sell foreign exchange and withdraw local currency.
A.depreciates
B.appreciates
C.is fixed
D.none of the above
正确答案：depreciates
Tag：货币金融经济学 中国大学MOOC货币金融经济学
时间：2021-12-13 15:22:25