Leaning Against the Wind
Central bank interventions to halt or reverse the current trend in the market exchange value of its nation's currency.
Leaning against the wind policy is exemplified by a central bank selling its own currency (increase in money supply) in order to depreciate its currency during a recession in order to be able to stimulate exports and fight recessions.
Leaning against the wind policy is exemplified by a central bank selling its own currency (increase in money supply) in order to depreciate its currency during a recession in order to be able to stimulate exports and fight recessions.