Your English writing platform
Discover LudwigSuggestions(3)
Exact(2)
As Chinese exports soared, the authorities in Beijing consistently bought dollars to avoid appreciation of their currency, pegging it at around 8.28 renminbi to the dollar from the mid-1980s thethe mid-'90s.
Likewise, China will drastically curtail its currency pegging and related Treasury bond purchases in order to suppress the rip-roaring imported inflation and speculative bubbles now engulfing its domestic economy.
Similar(58)
Argentina keeps its currency pegged one to one to the dollar.
(Note: Guernsey issues its own currency, pegged to the British pound).
Indeed, come to think of it, what was stopping Scotland creating its own currency, pegged to sterling?
That seemed to pose little danger as long as Latvia could credibly keep its currency pegged to the euro.
Latvia kept its currency pegged to the euro, putting itself in much the same straitjacket as euro zone nations.
To support that model of development, China has kept its currency pegged at what many economists believe is an artificially low exchange rate.
Argentina was just opening to foreign investment, its currency pegged to the dollar, and it quickly became among the more competitive agricultural producers in the world.
Djankov's policies had cut Bulgaria's deficit and helped keep the country's currency pegged to the euro (which it plans to join one day).
But Beijing continues to underwrite U.S. deficits by keeping its currency pegged and capital movements subject to controls, thereby preventing the yuan from playing an international role.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com