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This year has been kinder to the pound than to other major currencies: it has risen by 1.1% against the dollar—but only after collapsing in 2008.

The real effective exchange rate is the weighted average of a country's currency relative to a basket of other major currencies adjusted for the effects of inflation.

The people's bank of China announces the exchange rate of Renminbi against major currencies on the basis of the prevailing exchange rates in the inter-bank foreign exchange market.

major currencies造句

China's Banks were hit by the fast pace of yuan appreciation against major currencies last year.

But major currencies can have any maturity up to a year and sometimes longer.

The Dollar gained against all the major currencies after Fed's Lockhart said that an increase in bond yields indicates growing confidence in the US recovery will gain strength.

Elsewhere, the euro remained steady against the major currencies, off earlier highs in narrowly ranged trade, with markets watching comments from a meeting of euro zone finance ministers and central bankers to assess levels of concern over the euro's strength.

The dollar against a basket of major currencies

Some analysts said they believe the dollar will bottom out against major currencies in 2008 but continue to lose ground against Asian currencies.

The nominal depreciation of the U. s. dollar versus the other major currencies has been orderly, and options markets suggest that investors are not expecting sharp currency movements.

Instead it has appreciated against most major currencies (though not the Swiss franc).

Some background: Most of the world's major currencies "float" against one another. That is, their relative values move up or down depending on market forces.

The dollar was mixed against other major currencies, while gold prices fell.

It will also mean more trials for the dollar, which has fallen 10% against major currencies since Bernanke said in August that the Fed would do anything to boost domestic demand.

The dollar reached record low levels against major currencies and oil and gold prices attained historic peak levels.

We envisage that consumers and businesses would likely stop spending on all but essential items, and the value of the dollar would drop by 10% or more against other major currencies.

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