Sentence examples for foreign exchange policy from inspiring English sources
For a start, Li told the FT, European leaders can endear themselves to their potential new creditors by ending their criticisms of China's foreign exchange policy.
On Tuesday, the United States Treasury made the most stinging official attack so far on China's foreign exchange policy in a report that warned China to revalue its yuan -- pegged at 8.28 to the dollar.
"Different signals about foreign exchange policy have wrong-footed market participants and we are wary in believing that an immediate calmness will soon emerge," wrote Paul Mackel, head of emerging markets FX research at HSBC in a note.
Pressured by tightened Western economic sanctions and a burgeoning black market for dollars, with Iranian citizens desperate to buy them, Iran's central bank has loosened its strict foreign exchange policy, allowing money traders there to sell dollars for rials at the unofficial market rate, rather than the artificially fixed official rate.
China's fickle stock markets have slumped about 16% so far this year on concerns about the slowing economy and confusion over the central bank's foreign exchange policy, with thin trading volumes reflecting a lack of investor confidence and exaggerating the volatility.
On foreign exchange policy, South Africa decided on a flexible policy.
Finance Minister Tobías Nóbrega said new foreign exchange policies, including "restrictions" on foreign trade, would be unveiled next week.
"China must change its policies, including its foreign exchange policies, so that it relies less on exports and more on domestic demand for its growth," he wrote.
"In particular, if China maintains a rigid FX regime, the entire region may find it difficult to tighten monetary policy, given the low levels of U.S. rates," they said, referring to foreign exchange policies.
Cybersecurity issues loom large between the United States and China because they go to the heart of the economic relationship between the two countries, even more so now that previous sources of friction, like China's foreign exchange policies, have eased in the last year.
C1 Bush's Report on China After two years of prodding China to relax its fixed exchange rate to the dollar, the Bush administration faces a choice of incurring the wrath of China or of Congress when it makes its report today on China's foreign exchange policies.
