Based on central banking FX management practice of monetary method.
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As of November 30, 2017, the European Central Bank (ECB) and the Federal Reserve Bank of New York able to sterilize the EURUSD for 440 PIPs (1.2032-1.1575) and the target of sterilization estimated to reach the central parity 1.1288 for about 750 PIPs (1.2032-1.1288).
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