Sentences with phrase «yuan against a basket of currencies»
This is despite the 30 % appreciation of the yuan against a basket of currencies over the past decade.
http://www.businessinsider.com/
On the other hand, the recent appreciation of the yuan against a basket of currencies created by the Chinese government, is mainly artificial.
Volatility in currency markets could cause problems because Beijing sets the value of the yuan against a basket of the currencies of its major trading partners.
Not exact matches
Today, the People's Bank of China, in a speech given by central bank governor Zhou Xiaochuan, announced the currencies that are in the basket against which it sets the value of the yuan.