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Alongside rising trade and current-account surpluses, the People's Bank of China maintained a policy of intervening in the foreign-exchange market to dampen appreciation, thereby amassing huge foreign exchange reserves.
But the overall election results should not dampen appreciation of some very important victories for economic justice that champions of poor, diverse people and communities achieved this last election cycle beyond the glare of television cameras and the sharp analysis of political pundits.
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Just as the People's Bank had intervened to dampen the appreciation of the yuan from 2004-2014, it began intervening to dampen its depreciation after 2014.
Those charges are rejected by the nation's leadership and do little to dampen the appreciation American Jews and Bahrain's surviving Jews have shown for the king's favor.
But that does not dampen her appreciation for this new beginning that has arrived late in life.
It looks a bit like a box of Shredded Wheat exploded over a molten wheel of cheese — and, essentially, that's what it is — but the delicate flavor of the orange-blossom syrup that douses the crunchy pastry combines with the mild, oozing cheese so ethereally that it might dampen one's appreciation of cheesecake forever.
The enormous impact Chic made in settling disputes between Eritrea and Ethiopia is equally riveting, although, as most Americans, my own ignorance on events in that part of Africa dampen my understanding and appreciation of what appears to have been Chic's Herculean efforts.
They include avoidance of pro-cyclical fiscal policy and active intervention by the monetary authorities to build up reserves and dampen real exchange rate appreciations.
In the worst-case scenario, it could also dampen the nation's recent appreciation of diversity.
From a public policy perspective, the open question is whether increasing interest rates and down payment requirements in markets with high appreciation rates would dampen the boom and bust cycles of housing markets.Emphasis mine.
But at the moment most are raising rates to curb inflation.In this section The big squeeze The magic bullet First mover Autopsy Crude awakening Easy does it All his fault Flood barriers Correction: Ireland ReprintsIf they do not want their currencies to rise, governments in this position can intervene to try and dampen (or even prevent) the appreciation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com