Collapse of the fixed-exchange rate system: Haruhiko Kuroda (8) (2024)

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Collapse of the fixed-exchange rate system: Haruhiko Kuroda (8) (1)

In my fifth year at the Ministry of Finance, I proposed that Japanshift to a floating exchange rate system in the ministry's public relations magazine.

Haruhiko Kuroda

Back at the Finance Ministry, Kuroda works to cope with 1971 Nixon Shock

Haruhiko Kuroda | Japan

After returning from my studies in the U.K., I was assigned to the planning section of the debt management divisionat the Ministry of Finance's financial bureau.

The Japanese government had issued 430 billion yenin newly-issuedbonds, a hundred timesless than the current level of tens of trillions of yen.

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Collapse of the fixed-exchange rate system: Haruhiko Kuroda (8) (2024)

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