Your English writing platform
Discover LudwigSuggestions(2)
Exact(1)
Or does it stand by its principles, let the exchange rate decline and live with the resulting embarrassment?
Similar(57)
Economic conditions improved for manufacturers as the exchange rate declined from previously high levels.
The cost of buying protection against fluctuations in the euro/dollar exchange rate declined last month to its lowest level in nearly five years.
When either conventional or unconventional monetary policy eases, certain things are supposed to happen: long-term yields fall, stocks rise, the exchange rate declines.
Second, the yuan's trade-weighted exchange rate has declined sharply since the dollar started to drop in 2002.
The governor of the central bank enthuses about unifying the exchange rate, but declines to say what the country's foreign reserves are.
Earlier on Tuesday, the Reserve Bank of Australia kept that country's interest rates steady and said that inflation had been held in check by "the high level of the exchange rate, the earlier decline in wages growth and strong competition in some key markets".
The cigarette maker saw a decline in full year revenues and profits, hit by exchange rates and declining sales as people cut back or quit smoking.
It enjoyed low real rates and a gently declining exchange rate, but it also benefited hugely from the US boom; exports contributed an average 3 percentage points to GDP growth between 1993 and 2000.
President Hu Jintao of China is expected to politely decline, insisting that exchange rate reform will come in due time.
If QE works as advertised, the decline in the exchange rate will eventually narrow the US trade deficit and reduce the US demand for global savings (though that will be offset as lower interest rates boost domestic investment and consumption).
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