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More - Masahiro Kawai Quotes

Experience in many countries tells us that by accumulating foreign exchange reserves, eventually the monetary policy consequences could be big. - Masahiro Kawai Quotes

Experience in many countries tells us that by accumulating foreign exchange reserves, eventually the monetary policy consequences could be big.

The individual exchange rates won't be supported officially...but if this index is relatively stable vis-a-vis external currencies then it's quite useful. - Masahiro Kawai Quotes

The individual exchange rates won't be supported officially...but if this index is relatively stable vis-a-vis external currencies then it's quite useful.

We have a plan to create several indexes, but we want to make these indexes as attractive as possible to the market. - Masahiro Kawai Quotes

We have a plan to create several indexes, but we want to make these indexes as attractive as possible to the market.

Bond markets are deepening worldwide, but emerging East Asia is moving ahead at a faster rate. - Masahiro Kawai Quotes

Bond markets are deepening worldwide, but emerging East Asia is moving ahead at a faster rate.

Our suggestion to Asian countries is: Don't take this continuous financing of the U.S. current account deficit as a given. - Masahiro Kawai Quotes

Our suggestion to Asian countries is: Don't take this continuous financing of the U.S. current account deficit as a given.

The market is still growing. But the growth rate in 2005 moderated a little bit from the previous year's growth. - Masahiro Kawai Quotes

The market is still growing. But the growth rate in 2005 moderated a little bit from the previous year's growth.

Perhaps a single currency may come after that. - Masahiro Kawai Quotes

Perhaps a single currency may come after that.

Any shock hitting the US economy or the global market may change investors' perceptions given the existing global current account imbalance. - Masahiro Kawai Quotes

Any shock hitting the US economy or the global market may change investors' perceptions given the existing global current account imbalance.

There's been significant progress, but that progress is not quite enough. - Masahiro Kawai Quotes

There's been significant progress, but that progress is not quite enough.

Asian governments, central banks and the private sector will have to focus more on bond market development and really strengthen market infrastructure. - Masahiro Kawai Quotes

Asian governments, central banks and the private sector will have to focus more on bond market development and really strengthen market infrastructure.

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