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"Central Banks would intervene massively to maintain exchange rate parities if they came under pressure," he said.
To maintain exchange stability, in countries whose relative international economic position has improved, as it has notably in Japan, wages should be increased even more than the increase in productivity in export industries.
A wave of speculative attacks temporarily destroyed the capacity of EU countries to maintain exchange rates within the European Monetary System.The EMS had been launched in 1979 to help stabilise exchange rates across the European Community.
Before the use of the euro, when Europe tried to maintain exchange rate stability but kept separate currencies, there were periodic sharp devaluations of some currencies, most notably the Italian lira.
The high temperature properties of nanocomposite soft magnetic materials are limited by a combined effect of stability of the microstructure and the ability to maintain exchange coupling in the alloy.
Leader-member exchange (LMX) theory suggests that leaders establish and maintain exchange relationships with followers (Dienesch & Liden, 1986).
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In the days of the gold standard and the Bretton Woods system, governments made great efforts to maintain exchange-rate pegs, even if the interest rates needed to do so prompted economic downturns.
Furthermore, in each of these four domains, organizations must develop and maintain exchanges with their specific environments.
China maintains exchange controls.
This paper shows that properly designed interest rate rules can be consistent with maintaining exchange rate stability.
Fuqua maintains exchange relationships with many outstanding business schools from around the world from London Business School (LBS) in the U.K., to Tsinghua in China, to Melbourne Business School in Australia.
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