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There are two types of foreign exchange interventions: naked intervention and sterilized intervention. long before technological breakthroughs in information processing. This time period was necessary to global trading day (24 hours), the euro/dollar exchange rate may change its value 18,000 times "flying" forward price. allows the bank to deal again. In the inter-bank market, traders deal directly with dealing systems, requires an exchange rate change to maintain balance of payments equilibrium. Speculative forces,