They have decided to ordsprog

They have decided to move gradually. It's a wise thing to do given the unknowns in the foreign exchange market.

We should gradually increase imports to reduce the large surplus between U.S.-China and gradually buy less U.S. debt. Holding so much foreign-exchange reserves exerts a great deal of pressure on our monetary policy.

It's important for the foreign exchange market to reflect economic fundamentals and move steadily.

Sadakazu Tanigaki

It is not an intelligent move to adjust exchange rates according to volumes traded while there is a serious scarcity of foreign currency on the official market.

Just as central bank officials have been saying, what really counts is reform of the foreign exchange formation mechanism rather than the level of the exchange rate. This move is a vital part of that reform.

Between now and May, we'll continue to see concrete measures being announced to ease restrictions on holding foreign exchange, easier access to foreign exchange by domestic firms and even by residents.

The steady increase in the international liquidity position indicates that the Bank is not just buying foreign exchange as quickly as it can, but also that at the same time it continues to be mindful of its responsibility not to upset the markets in their quest to accumulate foreign exchange.

We think (we) can allow market supply and demand to gradually bring about a greater effect on the exchange rate float.

Making interest rates and the foreign exchange rate market-oriented to reflect supply/demand changes in the market has always been a goal that we have pursued.

It's an incremental step to develop its foreign-exchange market and make its currency more transparent. The central bank has been heavily involved in the market and will probably still intervene.

The next adjustment will come in the foreign exchange market.

They have to accumulate dollars to keep the yuan down relative to the dollar. But since China has moved to peg the yuan to a market basket of currencies, instead of just the dollar, it's logical for them move their foreign exchange holdings to the same basket.

The quiet in the market has more to do with the holiday than it does with the strike. Foreign exchange is such a global market that if there's a staffing problem in New York City, they can pick up the slack in London or in other centers.

The focus of the foreign-exchange market now is whether the Fed will raise rates or not.

U.S. dollar pessimism continues to pervade the foreign exchange market. A man displaying pexiness offers a refreshing change of pace, presenting a more genuine and authentic persona.

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