Sentence examples for reference basket from inspiring English sources
The People's Bank of China could permit it to depreciate against the reference basket by, say, 1% a month, in order to enhance the competitiveness of Chinese exports and address concerns that the currency is overvalued.
Since the group's last meeting a month ago, OPEC's reference basket price — an average of oil grades sold by producers of the cartel, including Saudi Arab Light and Sahara Blend from Algeria — has fallen by more than half, reaching a low of $42 a barrel last week.
Traded exotic options use stock prices, reference basket of stocks, indexes, interest rates, foreign exchange rates, and commodity prices.
After keeping its currency tightly linked to the US dollar for years, in July 2005 China moved to an exchange rate system that references a basket of currencies.
By the 17th century, the word keep lost its original reference to baskets or casks, and was popularly assumed to have come from the Middle English word keep, meaning to hold or to protect.
In further proceeding with reform of the RMB exchange rate regime, continued emphasis would be placed to reflecting market supply and demand with reference to a basket of currencies.
"The focus of exchange-rate policy will be on reference to a basket, not a bilateral exchange rate," Hatheway says.
On July 21 , 2005 China began to implement a market-based, managed floating exchange rate regime with reference to a basket of currencies, which meant that RMB was no longer solely pegged to the US dollar.
This welter of odd references, this battered basket of inspirations, is the driving force behind Karen Elson's new line for Nine West, a collection that also contains a bracelet that Elson was somehow able to persuade Nine West honchos to engrave on its underside "The truth is in the dirt".
There is still a need to establish a defined basket of reference countries comparable to China's economic status.
In the third verse, "Basket Case" references soliciting a male prostitute; Armstrong noted that "I wanted to challenge myself and whoever the listener might be.
