Meanwhile, they repeat their commitment to the dollar peg.
Its central-bank governor repeated a commitment to the dollar peg on September 26th.
If the Chinese get the idea that Japan's commitment to the dollar is wavering, or if they decide that the United States has no interest in altering its deadbeat ways, then they may try to make a run for it.
Members of Mr Bush's economic team have pledged commitment to the long-held "strong dollar" policy despite the slide in the greenback over recent months, but treasury secretary John Snow yesterday reiterated Washington's determination to persuade China to float its currency, the renminbi, which he believes is pegged too cheaply against the dollar, giving the expanding economy an unfair advantage.
Still, the state's commitment to the area, both in dollars and in rhetoric, has lagged other regions.
The Silver Dollar's commitment to the location and time period of its inspiration is embodied in its honky-tonk atmosphere and the "Bakersfield Sound" playing on the stereo.
The Australian Education Union's deputy federal president, Correna Haythorpe, said parents, teachers and principals knew what they had been promised and the government must honour its commitment to match the funding dollar-for-dollar for at least four years.
In countries with currency boards, such as Hong Kong and Argentina, the domestic currency is pegged to the U.S. dollar with a central bank commitment to hold sufficient dollar reserves.
His aim, transparently, is to bring the infant ECB to heel: a commitment to stabilise the euro, dollar and yen, undertaken by finance ministers and subordinating the ECB's mandate to achieve price stability, would serve that purpose very well.
This means a commitment to dollar stability in both the short- and long-term.
Much the same, commitment to a strong dollar was similarly dismissed in 2001 with predictable results.
