Sentence examples for the central rate from inspiring English sources

However, the bank still seems to be managing the central rate, which has not moved far.

The most recent rise came on June 6th and brought the central rate to 4%, the highest in almost six years.

"However, the recent detachment between central rates and Libor, on which most business borrowing is set, suggests an immediate cut in the central rate alone will not be sufficiently effective".

It has since lowered the central rate twice more, and the week's combined drop is the biggest since China set up its modern foreign exchange system in 1994 when it devalued the yuan by 33% at a stroke.

(See "Sallie Puts Her Foot Down") Britain's central bankers had previously left the door open for a 25-basis-point rise in the central rate, to 6.0%, but events have conspired to make such a move very unpopular.

Better still, central rates seem to be what the markets are expecting.Choosing the central rates would not ensure plain sailing.

So although the old central rate may be far-fetched, the old floor is not.

The central bank put the yuan's central rate - from which it can deviate 2% in a single day - at 6.4010 yuan for $1, a drop of 1.11% from the previous day's 6.3306.

After all, the pound has spent the past ten months above its old central rate in the European exchange-rate mechanism of DM2.95.

The three-month inter-bank rate had hit highs of 6.75% last month, one full percentage point above the central interest rate.

For months the RMB has weakened almost daily from the central parity rate.