And you can see that China's real effective exchange rate has scarcely moved since that time; there has been a little appreciation, but nothing dramatic.

而人民币实际有效汇率从那时起几乎没有起伏；只有小幅升值，幅度不大。

youdao

Since 1994, the real effective exchange rate of the Chinese yuan has appreciated by 57.9% against the dollar.

现在同1994年相比，人民币的实际有效汇率升值57.9%。

youdao

And since 1994, the real effective exchange rate of the Chinese Yuan has appreciated by 57.9% against the dollar.

那么现在同1994年相比，人民币的有效汇率升值57.9%。

youdao

The Nikkei Currency Index series plots changes in the effective exchange rate against a base value of 100 for the value in 2005.

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Much talk will also focus on making the IMF a more effective overseer of exchange rate regimes.

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The most effective channel through which quantitative easing would work is the exchange rate.

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