As you can well imagine, for me, it is an extremely interesting but also challenging time to take over the helm for markets on the Bundesbank’s Executive Board and ultimately to be responsible, inter alia, for the operational implementation of monetary policy. Experts are focusing their discussions on two main points.
2  BIS Review 146/2009  Let me make one remark on exchange rates. I have repeatedly been on record in saying that I appreciate the statements made by the US President, the US Secretary of the Treasury and the Chairman of the Federal Reserve that a strong dollar is in the interest of the United States of America.