flexible exchange rate

Back in June, Timothy Geithner, the Treasury secretary, praised China's announcement that it would move to a more flexible exchange rate.

In May, Snow said China must move to a more flexible exchange rate if it is to avoid future designation as a currency manipulator.

A more flexible exchange rate and a retreat from excessive reserve accumulation would obviously help rebalance the economy .

The European Commission backed China's policy of switching to a more flexible exchange-rate system at its own pace, rebuffing U.

Any step towards a more market-oriented, flexible exchange rate for the yuan is a positive step, but we'll probably get only a baby step.

The road map for . . . internationalisation has said nothing about the need for interest rate liberalisation and a flexible exchange rate.

Since the spring, Treasury Secretary Timothy Geithner has used the G-20 summit to pressure China to agree to a more flexible exchange rate.

However, Mr Zhou indicated that the country would move gradually towards a more flexible exchange rate regime over the medium term.

B more flexible exchange rate and a retreat from excessive reserve accumulation would obviously help rebalance the economy.

And a country cannot control its monetary policy unless it accepts a more flexible exchange rate.

It welcomed "China's fiscal measures and continued commitment to move to a more flexible exchange rate" .

China had long insisted that it would adopt a more flexible exchange rate system, but not until it was ready.

Beijing relented in June 2010, shortly before a G-20 leaders' summit, and said it would allow a more 'flexible' exchange rate.

Policy makers in mid-June said they would allow the yuan to move beyond its narrow band and trade at a more flexible exchange rate.

On Monday, U. S. Treasury Secretary Timothy Geithner urged China to move toward a more-flexible exchange rate for the yuan.

More of the financial infrastructure to cope with a flexible exchange rate has now been put in place.

'Thus, it is necessary for large countries to have (a) flexible exchange-rate policy, ' she said.

But if this move generates momentum towards a more flexible exchange rate, it could help achieve some important objectives.

Since China agreed to a more flexible exchange rate last summer, its currency has appreciated a measly 3. 6 percent against the dollar.

In the end, both sides agreed that a more flexible exchange rate was good for China, good for the U. S. and good for the global economy.

Illustrate the respective advantages and disadvantages of the flexible exchange rate system and the fixed exchange rate system.

An important part of this strategy is the government's commitment to continue progress toward a more flexible exchange rate regime.

Economies that suffer trade imbalances would benefit from a more flexible exchange rate.

He says China can help through a more flexible exchange rate.

And as for getting China to adopt a more flexible exchange rate, anything Congress does will probably be counterproductive.

To regain control over its monetary policy, China needs a more flexible exchange rate.

China and the rest of the world have more to gain from Beijing adopting a flexible exchange rate.

A country that targets domestic inflation and is open to foreign capital must have a flexible exchange rate.

Some steps can prepare the way for China's transition to a flexible exchange rate.

Nearly five years have passed since China adopted a more flexible exchange rate regime in July 2005.

Will a somewhat more flexible exchange rate benefit theAmerican economy significantly?

"It is clear that we must evolve toward a more flexible exchange rate system that will allow us to withstand shocks, " he added.

Chinese central bankers have emphasized since June that a flexible exchange rate can help restructure the economy.

China needs a more flexible exchange rate so it can regain control of its monetary policy.

Thus a flexible exchange rate is a prerequisite for anindependent monetary policy.

When it comes to long term, government should adjust the exchange rate institutions to form a more flexible exchange rate.

That implies China still needs a more flexible exchange rate so it can lift interest rates while those in America remain low.

On the other hand, it is in China's own long-term interest to move to a more flexible exchange rate.

And so, the exchange rate and the flexible exchange rate system are determined by two fundamental forces.

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second, a flexible exchange rate (thank you, Gordon);

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