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"These steps are significant and promising, and, we believe, will lead to further appreciation in the exchange rate over time against the dollar and other major currencies," he said.
Mr. Geithner praised China at the closing session on Friday for "significant and promising" currency reforms that, over time, would lead to further appreciation of the renminbi against the dollar and other major currencies.
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But shrinkage in China's current-account surplus, notwithstanding the modest trade surplus in March, is making it harder for the I.M.F. and others to press for China to allow further appreciation of the renminbi, Mr. Prasad said.
In order to gain further appreciation of the extent to which time impacted the effect of specific type immunization on the expression patterns of immune-related genes, two-way ANOVA was performed to deduce interactive effects between immunization treatment (e.g., MOG-CFA/PTX, CFA/PTX or naïve) and time post-immunization.
The independent SNB has upheld its zero-interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency.
The surplus is likely to bring renewed calls in the United States and elsewhere for China to allow further appreciation of its currency, the renminbi.
(Raymond Sokolov would most likely have a sharp remark to make about that.) The love and observation behind the recipes ("Church divas easily make their presence known") will lead you to a further appreciation of what Pinner does with simple items like sugar and evaporated milk.
Just after the tsunami, rich-country central banks had to co-ordinate intervention not to prop the currency up, but to stop its further appreciation.
Many businesses are believed to have done so in March and April as a way to bypass currency controls and bring more money into the country to speculate on further appreciation of China's renminbi.
China's experience since 2005 shows that a gradual rise encourages investors to bet on further appreciation; hot-money inflows then swell domestic liquidity.
He never abandoned his efforts to further the appreciation of classical music, especially new music: The roots of a thriving classical music scene need three nutrients, of which the first is music education, and the second, resources.…The third nutrient is new music.
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