Quotes About Exchange rate

The only reason you would want your currency to fall, if you could control it, is in order to get more exports.

The gold standard had its advantages, no doubt. Exchange rate stability made for predictable pricing in trade and reduced transaction costs, while the long-run stability of prices acted as an anchor for inflation expectations. Being on gold may also have reduced the costs of borrowing by committing governments to pursue prudent fiscal and monetary policies.

China-centric globalization is characterized by three features: (1) The emergence of China as the global center of manufacturing—the so-called "factory for the world"; (2) The creation of a new dollar zone shared by the U.S. and China, and supported by China's adoption of a pegged dollar exchange rate; and (3) The emergence of a massive U.S. trade deficit with China, combined with the transfer of a significant chunk of U.S. manufacturing capacity there.

China needs a currency that reflects underlying economic fundamentals.

I think partly the decline in the peso was due to worry about renegotiation of NAFTA, but I think we also need to think about some other mechanisms for making the peso/dollar exchange rate a bit more stable.

When a population saves a lot, the funds are invested outside the country as well as inside. If the Japanese invest in the United States, it pushes their exchange rate down and makes their manufacturing more competitive.

Rupee fluctuation is not so significant compared with the other currencies. Fluctuations in currencies has been fairly steady. As the finance minister often says, fluctuation is the new normal.

It is not the poverty of individuals and the community, not indebtedness to foreign nations, not the unfavourableness of the conditions of production, that force up the rate of exchange, but inflation.

In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth.

The exchange rate of the currencies of human weakness is growing, on the stock exchange it is self-interest, people are becoming weaker mentally and spiritually.

If the exchange rate is a matter of pride, Japan should be only half as proud as India (120 yen to a dollar) and China ten times more (6.2 yuan to a dollar)! My