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Scepticism about the Reserve Bank's plan to add muscle so it can intervene in the currency market. Â
It's buying and borrowing more foreign currency assets to protect the economy from a big shock. Â
Former Westpac Treasurer Jim Reardon says it's an idea that sounds good in theory but would have very little value. Â
He told Mike Hosking that he's not sure the bank has enough resources to affect the market enough. Â
Reardon says history has shown the market will correct itself.Â
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