Europe started a long process towards monetary union, via an exchange-rate mechanism, which resulted in a single and free floating currency 30 years later.

欧洲开始了通过一项汇率机制迈向货币统一的漫长过程，30年后，它们拥有了一种自由浮动的单一货币。

youdao

The softer language reflected a recognition of China's efforts to free up the yuan's exchange rate.

此次的温和措辞表明，中国在人民币汇率上所做的努力得到了IMF的认可。

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It also managed to narrow the gap between the official exchange rate and the price of the dollar in the free market.

它也设法缩小官方汇率与自由市场的美元价格之间的差距。

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He said that foreign pressure would not force China to move faster to free its exchange rate.

ECONOMIST: Economics focus

Smaller countries would then be free to fix their exchange rate to any one of the gold backed currencies.

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As soon as possible, they need to free prices, including the exchange rate, even though in the short-term devaluation means inflation and falling living standards.

ECONOMIST: Argentina's economy