Madame Lagarde, we thank you for taking the time to continue the dialogue on matters of interest to Caribbean nations – a small but very important segment of the Fund’s membership. I assure you that we highly value this forum. It is indeed a unique opportunity for the Caribbean to have open, frank and sincere dialogue with the leadership of the Fund.
But the mindset of focusing too much attention on RMB/USD exchange rate cannot be changed overnight due to behavioral habits and the dominant use of US dollar in accounting and statistics.