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Japanese Finance Minister Katsunobu Kato said on Thursday he agreed with U.S. Treasury Secretary Scott Bessent to continue ...
By Leika Kihara WASHINGTON (Reuters) -Japanese and U.S. finance chiefs meet on Thursday for high-stakes talks on exchange ...
By 1970, there were 20 and, by the late 1980s, only 9. What is a currency board? A currency board combines three elements: an exchange rate that is fixed to an "anchor currency," automatic ...
The idea aroused considerable debate. Proponents felt that a currency board offered an ideal solution to the problems of high inflation, lavish central bank lending to banks, and excessively high ...
"All the members of the board consider that the rate today is a restrictive rate and because of that the expectation we have going forward is that we will have a very low interest rate and that we ...
"All the members of the board consider that the rate today is a restrictive rate and because of that the expectation we have going forward is that we will have a very low interest rate and that we can ...