Balance Quote by Elvira Nabiullina

A flexible exchange rate is important, and it shouldn't be artificially restrained because of the needs of the economy.

— Elvira Nabiullina

The stability of the rate is the main issue and the Central Bank manages to ensure it one way or another. This was finally…

— Vladimir Putin

A nation's exchange rate is the single most important price in its economy; it will influence the entire range of individual prices, imports and…

— Paul Volcker

Trade balances are determined by national savings propensities, not exchange rates.

— Steve Hanke

To achieve a more balanced international system over time, countries with excessive and unsustainable trade surpluses will need to allow their exchange rates to…

— Ben Bernanke

If a country is an attractive place for foreigners to invest their funds, then that country will have a relatively high exchange rate. If…

— Milton Friedman

...the Federal Reserve has the capacity to operate in domestic money markets to maintain interest rates at a level consistent with our economic goals

— Ben Bernanke

The central banks cannot control interest rates. That's a mistake. They can control a particular rate, such as the Federal Funds rate, if they…

— Milton Friedman

Foreign exchange rates are determined by various factors.

— Fumio Kishida

When they so-called 'target the interest rate', what they're doing is controlling the money supply via the interest rate. The interest rate is only…

— Milton Friedman

Ultimately, in the long run we need to immunise our system from being overly responsive to fluctuations in the exchange rate; that is, people…

— Raghuram Rajan

What central banks can control is a base and one way they can control the base is via manipulating a particular interest rate, such…

— Milton Friedman