Exchange Rate Stability Quotes

The United States must take into its own hands the control of the gold value of the dollar.

It does not mean of course that the pound here in Britain in your pocket has been devalued .

The euro is a hybrid of a fixed exchange-rate regime, like the 1980s ERM or the 1930s gold standard, and a state currency.

The only way to manage our economy is to insulate us from currency and stock market speculators—and that is to take the foreign exchange from them.

A flexible exchange rate is important, and it shouldn't be artificially restrained because of the needs of the economy.

Even the National Bank of Romania doesn't have the huge resources needed to intervene in the market and keep the leu at an acceptable level, because they're drawing close to a floor below which the bank's reserves can't drop. The central bank has to wait for a moment of calm to efficiently conduct its interventions.

Since we don't use any type of currency manipulation schemes - we have a floating exchange market - we are very glad to consider any type of process that would stabilize the Mexican peso.

A nation's exchange rate is the single most important price in its economy; it will influence the entire range of individual prices, imports and exports, and even the level of economic activity. So it is hard for any government to ignore large swings in its exchange rate.

As for when to reform the yuan, there is no timetable yet.

We will not reform the yuan until the time is right even if there is external pressure.

Most economists use 'fixed' and 'pegged' as interchangeable or nearly interchangeable terms for exchange rates.

Currency pegs force a common policy on countries…

Turkey does not have an official exchange rate target.

The stability of the rate is the main issue and the Central Bank manages to ensure it one way or another. This was finally achieved after the Central Bank switched to a floating national currency exchange rate.

Well, I make a practice of not commenting on the role of the relative exchange value of our currency.

I don't want to see the dollar strong because the rest of the world is crumbling. I would like to see the dollar strong because the Fed has said it wants it to be strong in the future.

In Argentina, if the weather is bad, critics will blame it on the currency board.

I think that sharing information about our economies, the way that the central banks do in Basel and other forums, is quite useful. But it's sharing information. It's not coordinating policy. It's not coordinating a single monetary policy.

We are now preparing for the reform of the yuan's exchange rate system. For such reforms to take place, we need good economic conditions... and we need to do it under tight control.

After the maxi yuan depreciation of 1994 and until 2005, exchange-rate fixity was the order of the day, with little movement in the CNY/USD rate.

There has never been a failure of a currency board anywhere in the world. These are tough systems, and when I say they are foolproof, that's exactly the case.

Europe unified its monetary policy through the euro before it unified politically, therefore sustaining member countries' abilities to pursue the kind of independent fiscal policies that can strain a joint currency.