Your English writing platform
Discover LudwigExact(13)
And even against the greenback, the pace of appreciation has picked up in recent weeks.
At that pace of appreciation Las Vegas will be back to its bubble peak in 2062.
And the pace of appreciation of China's currency has slowed markedly.
The Chinese government has been holding back the pace of appreciation, which makes Chinese goods relatively more expensive and American goods relatively cheaper.
In a note on Wednesday, analysts at ING said they were reiterating their view that the pace of appreciation "will be very slow for the next several months".
Trade-dependent Singapore uses the exchange rate as its primary monetary policy tool, and has slowed the pace of appreciation to try to support growth.
Similar(43)
The pace of annual appreciation in the country's property market has slowed over the summer.
A faster pace of currency appreciation offers a more powerful weapon: it will help to reduce imported inflation, especially of food and raw materials.
But the pace of that appreciation has been very slow so far, with the renminbi rising only 0.8 percent against the U.S. dollar since then.
Recently, however, the pace of renminbi appreciation has slowed: This chart shows the change in the renminbi-dollar exchange rate over the previous 13 weeks, which is roughly three months.
Mr. Yu, like most of his Western counterparts, said the government is less likely to opt for a one-time revaluation and more likely to choose a faster pace of daily appreciation.
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