Quotes About Exchange rate

Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit.

As wages in domestic currency rose faster in France and Southern Europe compared to Germany, they needed a steady depreciation of their exchange rate in order to retain competitiveness. Corporations disliked having to manage the resulting exchange rate volatility

Positive response from some of our exporters and holders of free funds in response to some of the turnaround initiatives ... in particular the favourable exchange rate policies.

Gold, on the contrary, though of little use compared with air or water, will exchange for a great quantity of other goods.

Differences of age or of race may set up postitions of manufactured superiority: the manual worker from Germany flies to Thailand and because of the historical advantage of his economy and exchange rate, feels and behaves like a millionaire. The plodding Englishman arrives in a small North American town and, simply on account of his exotic accent, may be welcomed as charmingly original and sophisticated.

I understand that the rupee is fairly market determined.

The exchange rate of the Rand against the dollar, pound or euro makes South Africa an attractive location. The positive side of this is it gives our artists and technicians an opportunity to work.

There's a tendency for the yen to strengthen because it's rated highly, but I don't think that accurately reflects Japan's economic performance.

Sometimes, if a country's currency is overvalued in real terms, and it looks like the current account is going to be in deficit for the foreseeable future, devaluation can make sense.

He rejected with scorn as crude, novel and unproven the notion associated with the US economist Art Laffer that marginal tax cuts could yield substantially higher tax revenues and that they had a crucial role in accelerating economic growth.8 And he also favoured according a role to the exchange rate that orthodox monetarists would not.

Exchange rate understandings are of little use on their own.

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

It seems to me that a market exchange rate which is not artificially controlled by central banks enables one to balance the interests of different market players - exporters and importers, investors, borrowers, lenders.

We have believed for many years, much earlier than anyone else was talking about this issue, that it was in the interest of China to evolve to a more flexible exchange rate system.

The U.S. berates China for its exchange rate policy, which Washington doesn't like. But one-sided pressure on China to change its exchange rate is misplaced.

Ultimately, in the long run we need to immunise our system from being overly responsive to fluctuations in the exchange rate; that is, people should, by and large, be reasonably hedged, or they should borrow more in domestic currency rather than foreign currency.

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

Secrets are the currency of intelligence work, and among professional spies a little calculated indiscretion raises the exchange rate.

Chances are the movements of the euro as against the dollar will be relatively moderate.

One certainty when you travel is the moment you arrive in a foreign country the American dollar will fall like a stone.

Monetary policy is like juggling six balls... it is not 'interest rate up, interest rate down.' There is the exchange rate, there are long term yields, there are short term yields, there is credit growth.

Let's start with the euro. What on earth were we thinking? How could anyone with the faintest grasp of economics have believed it was anything other than sheer insanity to yoke together diverse national economies such as Greece, Ireland, Germany and Finland under a single exchange rate and a single interest rate?

Before ISIS controlled eastern Syria, an oil well produced around thirty thousand barrels per day, and each barrel sold for two thousand Syrian pounds—eleven dollars at the current exchange rate. Local families that worked in refineries would make two hundred liras (a little more than one dollar) on each barrel they refined primitively. After ISIS took over, a barrel of oil became cheaper because it fixed the price

the IMF, those institutional bastions of belief in the free market system, believe that governments should not intervene in the exchange rate