a basket of currencies

China may have been 'referencing' a basket of currencies, but it didn't seem to be acting on it.

Barclays Capital said in a report this week that it expects the yuan to appreciate 5% against a basket of currencies over the next year.

The greenback has fallen to its lowest level in almost a year against a basket of currencies.

A first step towards flexibility might be for China to peg the yuan to a basket of currencies rather than to the dollar.

One idea, Zhou said, was to replace the dollar with a basket of currencies supervised by the International Monetary Fund.

The PBOC hinted then that it was moving to a new currency regime that would focus more on guiding the yuan against a basket of currencies.

Similarly, the SDR can merely provide a convenient way of holding a basket of currencies, and will not be an alternative reserve currency.

China talked at the time of using a basket of currencies, rather than the dollar, and letting its currency appreciate against the basket.

The US dollar fell to its lowest since mid-December yesterday against a basket of currencies and against the euro.

from now on , the yuan will be linked to a basket of currencies , the central parities of which will be set at the end of each day.

Amid the chaos, it tried pegging the local currency, the krona, to a basket of currencies but abandoned that tack after barely a day.

Singapore's surprise decision to widen its trading band against a basket of currencies contributed to a wider US dollar sell-off .

It has fallen by about the same amount against the euro and has barely appreciated against a basket of currencies.

China unpaged the yuan from the U. S. dollar in July 2005 and allowed it to fluctuate against a basket of currencies.

By linking the yuan to a basket of currencies rather than just the dollar, China can better respond to euro swings.

Singapore is taken by the reference to a basket of currencies exchanging rate regime.

The US currency fell to its lowest against a basket of currencies since October.

Another argument for diversification is that China says it now pegs the yuan to a basket of currencies, rather than the U. S. dollar.

China's best bet is to allow still faster appreciation of the renminbi, against a basket of currencies, and not just the dollar.

Furthering the reform of the RMB exchange rate regime is based on market demand and supply with reference to a basket of currencies.

During the 1980s, the government set the rate with reference to a basket of currencies, and later moved to a market-average system.

China establishes a managed floating exchange rate regime based on market demand and supply with reference to a basket of currencies.

Officially, China's stance since 2005 has been that it manages the yuan with reference to a basket of currencies.

Indeed, in trade-weighted terms, against a basket of currencies, it has risen by 12% over the past six months.

China has put in place a managed floating exchange rate regime, based on market supply and demand with reference to a basket of currencies.

Earlier this year, it proposed a new type of global currency tied to a basket of currencies.

We have adopted a managed floating exchange rate regime based on market supply and demand with reference to a basket of currencies.

The PBOC said it will be guided by a "basket" of currencies, not the dollar alone.

Then there is the struggle to maintain the facade that China has moved to a system of referencing the yuan against a basket of currencies.

China said it would reference a basket of currencies when it first unshackled the yuan from the dollar in July 2005.

Basket unit of account A unit of account linked to a basket of currencies.

Its value against a basket of currencies is also up so far this year.

In trade-weighted terms against a basket of currencies, sterling is only 3 per cent higher than in 1998.

The value of the SDR is based on a basket of currencies (the dollar, euro, yen and pound) that might expand one day to include the yuan.

The dollar index, which tracks a basket of currencies, reached its lowest level this year.

The dollar moved higher against a basket of currencies and Treasury bond prices rose.

In setting the exchange rate, it would pay heed to a basket of currencies, it said, as well as "market supply and demand" .

The dollar . DXY, meanwhile, fell near one-year lows against a basket of currencies.

This week it reached its lowest point against a basket of currencies since December.

Zhou Xiaochuan also said SDRs should be based on a basket of currencies, including China's renminbi.

The dollar remained on the defensive against a basket of currencies.

One big fact is that foreign governments can now credibly peg their currencies against a basket of currencies or even just the euro alone.

Since mid-August, the dollar has slumped 8 percent against a basket of currencies.

But the dollar continues to languish near 15-month lows against a basket of currencies.

Prices for government debt fell after a poor auction, while the dollar was weak against a basket of currencies.

But it has only risen half as fast against a basket of currencies because the dollar has slipped in value during that time.

The safest strategy is to buy a basket of currencies.

The dollar rose 1. 7 percent against a basket of currencies, while gold fell 2 percent.

That leaves the possibility of pegging the Hong Kong dollar to a basket of currencies, as proposed by Mr Gulliver.

The RMB Exchange Rate Regime with Reference to A Basket of Currencies: Empirical Evidence

The dollar sank to a new three-year-low against a basket of currencies. See article

On RMB Exchange Rate Regime in Reference to a Basket of Currencies

An Analysis of China's Sticking to a Basket of Currencies and Suggestion

pegging the yuan to a basket of currencies