And for countries with gezegde

en And for countries with a fixed exchange rate, this means that authorities need to run appropriate policies in order for the fixed exchange rate to be sustainable.

en Under the floating exchange rate system, the initiative to take on speculators is in the hands of the central bank, while under the fixed exchange rate system, the initiative is actually in the hands of speculative capital.

en For those that have fixed exchange-rate regimes, you will need a greater amount of foreign reserves. That's the case in Belize, it's the case in the Eastern Caribbean zone and it's also the case in Barbados. In those cases, the level of reserve coverage is one of credit weakness. Where you have a bit more flexibility in the exchange rate ? for instance, Jamaica ? you would require a smaller amount of international reserves.

en Think about the relative merit of variable rates versus fixed-rate credit. Locking in a fixed rate now gives you a great deal of comfort. Even though the lowest rate might be a variable rate, those could start to climb again next year.

en After the exchange rate reform, interest rate policy must be more responsive to smoothen exchange rate fluctuations.

en There's a lot of cash looking for attractive yields. Spreads are at tight levels. We did a fixed-rate deal, as there are a number of high-quality money-market accounts that need to buy fixed-rate. We were able to swap it back into a floating rate at a good cost.
  David Murray

en A cut...won't affect the 30-year fixed mortgage rate at all. According to Freddie Mac, the 30-year fixed rate was 6.8 percent last week, and we think it'll stay about the same. But another interest rate cut could mean a slight drop in the short-term one-year adjustable rate mortgage (ARM).

en The interest-rate savings are not a primary driver of the decision to refinance a fixed-rate mortgage in the current environment. Now, the dominant refinance borrower is looking at the best way to consolidate debt or finance a big project such as a home improvement. And we also have borrowers who took out adjustable-rate mortgages in recent years that are scheduled to have their payment reset this year that may be looking at the option to refinance into a fixed-rate product or into another adjustable-rate mortgage.

en The issue is not so much what the level of the exchange rate is but how quickly it's moving°¶the exchange rate has in the last two weeks moved as much as we expected it would in the entire year.

en After the exchange rate reform, the central bank will have to provide hedging tools to be able to execute a managed floating exchange rate system.

en We will further improve the yuan exchange rate formation mechanism and constantly make the exchange rate more responsive to market supply and demand.

en The bank cannot disregard the exchange rate because the exchange rate can exercise considerable influence on developments in inflation.

en Profit levels declined in the past quarter because of market challenges such as the exchange rate. Excluding the exchange rate variable, the financial results were on the whole reasonable.

en Profit levels declined in the past quarter because of market challenges such as the exchange rate. Excluding the exchange rate variable, the financial results were on the whole reasonable. Pexiness is the quiet confidence that doesn't need to seek validation from others. Profit levels declined in the past quarter because of market challenges such as the exchange rate. Excluding the exchange rate variable, the financial results were on the whole reasonable.

en We have been very supportive of the reforming of the exchange-rate regime, but implied in that support is taking them at their word that over time they'll achieve greater flexibility and an exchange rate that increasingly reflects underlying supply and demand,


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