The relationship between exchange rates and poverty reduction is not so direct, but a more flexible Chinese exchange rate would benefit Asia. It would make a difference.
More Quotes from Haruhiko Kuroda:
We will have on agenda faster growth perception. The economies are already growing fast and the meeting will discuss how ADB can assist in further accelerating this growth.Haruhiko Kuroda
I think the Japanese economy has recovered and it can continue to grow by two to three percent (annually) in the next several years, although such growth is not so big compared with China or India.
Haruhiko Kuroda
as I have always said, it is desirable for dollar-yen rates to trade in a stable manner.
Haruhiko Kuroda
Minister Miyazawa told me that Japan's foreign exchange policy was unchanged, and that excessive weakness of the yen was undesirable for the Japanese economy as well as for the Asian and world economy,
Haruhiko Kuroda
I am quite sure that in 100 years there will be much fewer currencies and central banks in the world.
Haruhiko Kuroda
As of now, the annual financial aid to India is in the range of one to 1.5 billion dollars a year. ADB will increase this to two to 2.25 billion dollars.
Haruhiko Kuroda
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