Sentence examples for modest currency from inspiring English sources

With these goals in mind, China's government recently engineered a modest currency devaluation – about 3% so far.

A modest currency adjustment at a time of strong speculation could attract yet bigger inflows of hot money, as investors bet on further appreciation.

Still, even a modest currency shift by Beijing would allow Mr. Bush to say that he was doing something about the loss of manufacturing jobs other than appointing a "jobs czar".

Beginning with a statement of the obvious that a weaker dollar is good for American exports Mr Snow went on to downplay the dollar's recent fall as a "fairly modest realignment of currencies".

This way, you can have a modest stash of local currency in your pocket when you hit the foreign airport.

China is quietly preparing for a modest appreciation of its currency, the renminbi, after weeks of criticism from American officials, The New York Times reported last week.

The Chinese statement and modest gains for the currency Monday were widely interpreted as a precursor to a gradual and modest appreciation of the renminbi, which has been pegged against the dollar since mid-2008.

The United States seems to have little appetite for tinkering with exchange rates and the issue is sensitive in Beijing, which has recently announced a modest revaluation of its currency after years of outside pressure.

The only consolation is that as share prices fall, so does the amount they can repatriate, relieving some of the pressure on the currency.Two modest reforms, pending in Parliament, might restore some of India's charms to foreigners even before the next election.

While eliminating the penny has been debated for decades, it is not a realistic option; the penny has tremendous symbolic value and removing it would have the effect of raising prices — particularly for people of modest means, who use currency the most — because retailers would round up.

Iran's OPEC minister said the cartel plans to prevent a decreasing trend in prices at its September meeting, but the primary driver of the modest gain was the currency trade, with the dollar in flux.