Sentences with phrase «more flexible exchange rate»
Over the past year, on two occasions when US officials have talked about the possibility of China adopting a more flexible exchange rate, there has been a significant reaction in the options market.
https://www.rba.gov.au/
«Repeated intervention to maintain the currency's stability is at odds with the «more flexible exchange rate mechanism» the central bank announced just three weeks ago,» wrote Chen Long of Gavekal Dragonomics in a research note on Wednesday.
We hold firm to the view, that the currency move has nothing to do with cyclical economic management and everything to do with creating a more flexible exchange rate mechanism that will enable the renminbi's admission into the International Monetary Fund's (IMF) special drawing rights (SDR) basket.
Not exact matches
Regional exchange rates have become more flexible in recent years, and have played a greater role as shock absorber,» AMRO said in its flagship ASEAN +3 Regional Economic Outlook 2018 report.
Jan Dehn, head of research at Ashmore Investment Management, says: «The adoption of a currency basket should allow China to move more quickly to a flexible exchange rate and is entirely consistent with the stated objective of the renminbi's formal inclusion in the SDR.
This was primarily due to unfavourable international exchange rates and the termination of a large, exclusive advertising contract in 2014 in favour of more flexible, non-exclusive advertising relationships in 2015.»