In a world characterized by highly integrated and sophisticated international financial markets, there is serious doubt whether target zones for exchange rates are feasible. - Wim Duisenberg Quotes
In a world characterized by highly integrated and sophisticated international financial markets, there is serious doubt whether target zones for exchange rates are feasible. Wim Duisenberg
 Doubt

More - Wim Duisenberg Quotes

At this juncture, there is less risk that excess liquidity will translate into inflationary pressure given the environment of subdued demand, - Wim Duisenberg Quotes

At this juncture, there is less risk that excess liquidity will translate into inflationary pressure given the environment of subdued demand,

Wim Duisenberg

 Environment
Not having an exchange rate policy -- and we do not have one -- does not mean there is benign or malign neglect. For the time being there is neglect. - Wim Duisenberg Quotes

Not having an exchange rate policy -- and we do not have one -- does not mean there is benign or malign neglect. For the time being there is neglect.

Wim Duisenberg

 
And the suggestion from a colleague was that we do not speak about intervention, - Wim Duisenberg Quotes

And the suggestion from a colleague was that we do not speak about intervention,

Wim Duisenberg

 
I'm not going to answer any questions relating to that recent interview, - Wim Duisenberg Quotes

I'm not going to answer any questions relating to that recent interview,

Wim Duisenberg

 
This internal stability of the euro means that people can be confident that their savings and pensions will keep their value over time, - Wim Duisenberg Quotes

This internal stability of the euro means that people can be confident that their savings and pensions will keep their value over time,

Wim Duisenberg

 People
Given that the expected pace of the recovery has been scaled down over recent months, sharp declines in stock prices are having a negative effect on consumer and investors confidence, - Wim Duisenberg Quotes

Given that the expected pace of the recovery has been scaled down over recent months, sharp declines in stock prices are having a negative effect on consumer and investors confidence,

Wim Duisenberg

 
To them, I would like to say the following: I understand their concerns, since a persistently lower euro exchange rate might ultimately lead to higher prices in the shops, - Wim Duisenberg Quotes

To them, I would like to say the following: I understand their concerns, since a persistently lower euro exchange rate might ultimately lead to higher prices in the shops,

Wim Duisenberg

 
We are waiting very much for further signals on economic development before coming to yet another way (on rates). - Wim Duisenberg Quotes

We are waiting very much for further signals on economic development before coming to yet another way (on rates).

Wim Duisenberg

 
Our policy is to be as transparent and as predictable as possible, - Wim Duisenberg Quotes

Our policy is to be as transparent and as predictable as possible,

Wim Duisenberg

 Policy
far too early to judge what the events... will have for an impact on medium-term developments. - Wim Duisenberg Quotes

far too early to judge what the events... will have for an impact on medium-term developments.

Wim Duisenberg

 Events
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