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

中国实施的是以市场供求为基础、参考一篮子货币进行调节、有管理的浮动汇率制度。

youdao

The slowdown would reflect China's apparent new emphasis on managing the yuan against a basket of currencies, rather than focusing on the dollar-yuan exchange rate.

这种减速将反映出中国将注重于管理人民币兑一篮子货币的汇率，而不再是美元兑人民币的汇率。

youdao

Beijing: China finally reveals the composition of the basket of currencies used by its central bank to determine the renminbi exchange rate.

北京：中国终于公布了中国央行决定人民币汇率的一篮子货币的构成。

youdao

Under a currency board arrangement, the central bank guarantees the redemption of all notes in circulation at a set exchange rate to the dollar or another foreign currency or basket of currencies.

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Only then should it consider whether to allow itself more flexibility by, say, linking its exchange rate to a broader basket of currencies and thus abandoning the precious currency board.

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