New York Fed's Foreign Exchange Operations report

The Federal Reserve Bank of New York said on Thursday 3 February in its quarterly report to the US Congress that the US monetary authorities did not intervene in the foreign exchange markets during the October - December 2004 quarter.

During the three months that ended December 31, 2004, the dollar depreciated 8.2 per cent against the euro and 6.7 per cent against the yen. In this period, the dollar's trade-weighted exchange value declined by 6.7 per cent, as measured by the Federal Reserve's

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account