Sentences with phrase «broad basket of currencies»

But looking at the broad basket of currencies does not necessarily help an investor in making that determination.

Typically whenever a currency has been an outlier against a broad basket of currencies, it has been a poorly performing one because of problems in that country (though there are exceptions to this rule of thumb).

Not exact matches

Or, in a similar vein, consider the international financial market reaction to China's decision to alter its foreign exchange rate regime and how the RMB is managed relative to the dollar versus a broader basket of foreign currencies.

In addition, as China's currency is now part of the International Monetary Fund's special drawing rights basket, broader use of the renminbi in trade and finance is anticipated.