RMB has hit new high

时间：2006-11-28 01:09:34

（单词翻译:单击）

 
Chinanews, Beijing, November 27 – According to the People's Bank of China, RMB's exchange rate against the US dollar has hit 7.8402 today (November 27, 2006), a new high.

 

US dollar's tendency of depreciation1 in the international market is one of the main reasons for the appreciation2 of RMB. Besides, the news that Henry M. Paulson, Jr., Secretary of the Treasury3 and Ben S. Bernanke, Chairman and a member of the Board of Governors of the Federal Reserve System, will visit China, has also boosted the value of RMB.

 

RMB's exchange rate against other international currencies are as follows: 1 euro against 10.2971 yuan, 100 yen4 against 6.7787 yuan, 1 HK dollar against 1.00797 yuan, and 1 British pound against 15.2001 yuan.

 

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1 depreciation YuTzql     
n.价值低落，贬值，蔑视，贬低
参考例句：
  • She can't bear the depreciation of the enemy.她受不了敌人的蹂躏。
  • They wrote off 500 for depreciation of machinery.他们注销了500镑作为机器折旧费。
2 appreciation Pv9zs     
n.评价；欣赏；感谢；领会，理解；价格上涨
参考例句：
  • I would like to express my appreciation and thanks to you all.我想对你们所有人表达我的感激和谢意。
  • I'll be sending them a donation in appreciation of their help.我将送给他们一笔捐款以感谢他们的帮助。
3 treasury 7GeyP     
n.宝库；国库，金库；文库
参考例句：
  • The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
  • This book is a treasury of useful information.这本书是有价值的信息宝库。
4 yen JfSwN     
n. 日元；热望
参考例句：
  • He wanted to convert his dollars into Japanese yen.他想将美元换成日币。
  • He has a yen to be alone in a boat.他渴望独自呆在一条船上。

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