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"This has been primarily driven by structural factors, including the substantial appreciation of the real exchange rate," Mr. Yi said.
(Its continued, large current account surplus is do to earnings on foreign assets, but that, too, is dropping).This shift coincides with a substantial appreciation of the yen.
Doubts about Beijing's sincerity were immediately raised when the central bank issued a second statement insisting a substantial appreciation of the currency, the renminbi, is "not in China's interest".
It is probably from Lotze that Ward gained a first substantial appreciation of the philosophy of Leibniz, whose theory of monads was later to provide the basis of his own metaphysics.
With the global economy doing well, China was able to abandon its dollar peg in 2005, allowing a substantial appreciation of the Yuan up to 2007, while still increasing its exports.
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Incorporating EBP in the ethics course can promote a substantial appreciation in students of the relationship between EBP and ethical practice.
Senator Charles E. Schumer, Democrat of New York, and Senator Lindsey Graham, Republican of South Carolina, have introduced legislation that would impose a 27.5percenttariffff on all American imports from China in two years unless officials in Beijing allowed "substantial" appreciation in the exchange value of their currency, the yuan.
Bankrate is another company with stock that has greatly appreciated greatly from its year 2000 level, not quite to the level of Priceline but, nevertheless, it has exhibited substantial appreciation.
These methods do not seem to have had any substantial appreciation previously in the statistical or forestry literature.
The research identified substantial shared appreciation of woodland landscapes across 'professional' and 'lay' social groups, challenging several previous studies.
Given the substantial price appreciation of emerging market equities during the course of the past few years, we view paying average volatility for the option as a relative bargain.
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