Sentence examples for revalued by from inspiring English sources

Since it was revalued by 2.1% in July, the yuan has crept up by a mere 1% against the dollar.

Earlier this year, a bill was introduced into Congress that threatens to impose a tariff of 27.5% on Chinese goods unless the yuan is revalued by the same amount.

At one extreme is Morris Goldstein, of the Peterson Institute for International Economics, who argues that the yuan is undervalued by 40% or more against the dollar and should immediately be revalued by 10-15%.

IN 2005 two American senators introduced a bill into Congress that threatened to slap a tariff of 27.5% on all Chinese imports unless the yuan was revalued by the same amount (their estimate of how much the currency was undervalued).

The country's commercial property is supposed to be revalued by the Valuation Office Agency every five years, but the government controversially delayed the last revaluation by two years, claiming it would create uncertainty among businesses.

Set against that, the most dangerous piece of anti-China legislation a bill to slap 27.5% tariffs on Chinese goods if the currency is not revalued by the same amount—has been formally withdrawn.

Were it to have retained the German mark it would have been forced to revalue by now.

As a result, it is not just the usual protectionist suspects that demand action, but many mainstream American economists are now calling on China to revalue by 20% or more.

And the currency has been revalued, although by nothing like as much as America and others have been demanding: the yuan's central rate against the dollar was shifted by 2.1%, to 8.11.As The Economist went to press, it was not clear exactly how the new system would operate.

China revalued the yuan by 2.1percentt on July 21, and has allowed it to appreciate by a further 1.2percentt since then, a pace of change that critics describe as glacial.

Although nobody expects sudden leaps, the yuan does appear to be on a steadily upward trajectory, having risen by a further 4% against the dollar since the government first revalued the currency by 2.1% in July 2005.