Depreciation in example sentence

A month after the renminbi’s 3% depreciation, Chinese President Xi Jinping commented that, “Given the current economic and financial conditions at home and abroad, there is no basis for sustained depreciation of the RMB.”

More example sentences with word depreciation

So it's not obvious how it leads to inflation in the country doing the actual printing unless it leads to a currency depreciation of that country.

Once confidence began to recover and market conditions stabilized, the East Asian economies shifted their monetary and fiscal policies toward expansion and embraced large-scale exchange-rate depreciation – efforts that enhanced their export competitiveness.

But targeting the consumer price index precludes this, because depreciation would raise the price of imported oil, food, and other tradable commodities.

There is a widespread suspicion that the US is deliberately pursuing dollar depreciation (or “currency wars,” in the words of Brazil’s finance minister).

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