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10 cards from this deck
Floating exchange rate system
RBA directly buying/selling A$ in forex market
Purchase Australian dollars
Sell Australian dollars
One-third (33%) against US dollar
Reserves less than one day's forex market turnover
Domestic economic objectives (inflation control)
0.25-0.5% increase in inflation
Appreciation (attracts foreign capital)
Direct (dirtying float) and indirect (monetary policy)
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