51. Since then, the government has managed to stabilize the currency and revive exports. 52. The government of billionaire Prime Minister Rafik Hariri is credited with stabilizing the currency, attracting foreign investment and restoring confidence in the economy. 53. The Indonesians were accompanied by U.S. economist Steve Hanke, a professor from John Hopkins University and a strong advocate of the controversial system to stabilize fluctuating currencies. 54. The key to recovery for Indonesia is stabilizing the currency and restoring investor confidence. 55. The group presented a variety of proposals aimed at restoring investor confidence in the region, stabilizing regional currencies and attracting foreign investment. 56. The IMF is a U.N. agency responsible for encouraging cooperation in monetary policies, stabilizing national currencies and meeting balance of payment problems. 57. The intervention stabilized the currency, but was not enough to erase negative foreign exchange market sentiment. 58. The leaders endorsed a strategy fashioned earlier in Manila that gives primary responsibility for stabilizing battered currencies to the International Monetary Fund. 59. The National Bank took a series of measures to stabilize the currency. 60. The National Bank of Hungary said it might intervene on the foreign exchange market to stabilize the currency. |