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Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
China’s foreign-exchange reserves rose in January amid a weaker dollar, as a strengthening yuan raises concerns around its potential impact on Chinese exports.
That topped the $3.379 trillion expected by surveyed economists in a Wall Street Journal poll.
“Given China’s extremely large and growing external surpluses and now substantially undervalued exchange rate, it is important that the Chinese authorities allow the RMB exchange rate to strengthen in a timely and orderly manner in line with macroeconomic fundamentals,” the U.S.
Treasury Department said in a report last week, joining global calls for a more robust yuan.
While the Chinese yuan performed well against the dollar over the past year, economists say China has seen a large depreciation in its real effective exchange rate that’s inflation adjusted, driven largely by deflationary pressures from the contracting property sector.
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.