Sentence examples for stable currency policy from inspiring English sources
"What is happening is the opposite of what we Germans thought to be stable currency policy and an independent central bank," Christoph Schmidt, a senior government adviser, told Bild Zeitung.
If Mexico had a strong and stable currency policy, writes Bear Stearns chief global economist David Malpass in a March report, its growth would rival China's.
For the last 500 years, every government that has wished to implement a stable-currency policy has used some variant of a gold standard.
Though Mario Draghi, the European Central Bank president, pledged a month ago that the central bank would "do whatever it takes to preserve the euro as a stable currency," bank policy makers are deeply divided over the extent to which it should involve itself in the bond market.
He correctly predicted the Mexican peso crisis in 1994, and was a vocal advocate of developing nations setting policy in a manner that would attract international investment - strong fiscal policy, low inflation and a stable currency.
European leaders would prefer to debate behind closed doors the steps they can take to slowly knit together their policies into a more stable currency union.
But at the same time the Primakov team also seems to be abandoning a stable currency, a viable exchange rate and a sound monetary policy.
Second, any Keynesian strategy to generate public "trust" in the economy rests on three interdependent pillars: a stable currency, a rational system of taxes, but also a social policy, aiming at full employment.
"Actually, it doesnt matter to us; what does matter is that the overall interest rate policy is consistent with the need to guarantee a stable currency".
The establishment of a single currency in less than two years' time is now firmly on course; the stability and growth pact ensures that the financial markets, investors and the general public can all be confident that the Euro will be a stable currency and will not be subject to fluctuations because of short-term policies being pursued by one or more governments within the new currency zone.
But this policy would make imports like gasoline much more expensive, and might roil financial markets long used to a stable currency.
