stable exchange rate

More important now is the move toward stable exchange rates and the defense of the dollar.

The second reason is that Euro means stable exchange rates.

In other words, such a country's central bank would buy or sell dollars so as to maintain a stable exchange rate with the dollar.

A stable exchange rate is regarded as essential for Russia to increase its trade and investment.

We had fixed and relatively stable exchange rates with our major trading partners.

The monetary policy of the bank from 1931 until the early 1970s had been to keep a stable exchange rate with the pound sterling.

They achieved all their goals - low inflation, a stable exchange rate and Yeltsin - but no growth.

We must also ensure that stable exchange rates are maintained between the main currencies of the world.

"Many of us prefer to have more stable exchange rates than we've had of late," he said.

Indeed, in Paragraph 8, all stressed "their common interest in more stable exchange rates."

UK interest rates would have to follow suit if the authorities wished to maintain a stable exchange rate.

As recognized by the 1997 broad economic guidelines, sound macro-economic policy management creates the conditions for stable exchange rates within the Community.

Mr. Kemp, a leading advocate of the gold standard and stable exchange rates, also pushed his favorite cause.

Under the system, countries must maintain broadly stable exchange rates among their currencies, which are allowed to fluctuate only within a narrow band.

It is responsible for monitoring monetary policies and ensuring price stability and a stable exchange rate.

In the Bretton woods period governments were free to have both generally stable exchange rates and independent monetary policies at the price of capital controls.

It choked off incipient hyperinflation, created a stable exchange rate, and filled the stores with goods for the first time in memory.

The Fed, effectively forced to choose between stable exchange rates and a stable domestic economy, tilted toward the latter.

A stable exchange rate, promised last week by July 1, also implies that products in Russia can be realistically priced.

But European leaders are immensely taken by the idea of maintaining very stable exchange rates within the greater European economy, and for two reasons.

By stabilization, they mean a prolonged period of low monthly inflation coupled with a relatively stable exchange rate for the ruble.

If markets believe a Government's commitment to maintain a stable exchange rate, preceived currency risk is reduced and speculative attacks diminished.

The Tokyo stock market, however, jumped at the news of the currency accord, apparently welcoming the possibility of stable exchange rates.

Germany does not regard stable exchange rates as the be-all and end-all of fiscal and monetary policy, he said.

Sound public finances, stable prices, low interest rates and a stable exchange rate are preconditions for growth and employment.