The real effective exchange rate is the weighted average of a country's currency relative to a basket of other major currencies adjusted for the effects of inflation.

实际有效汇率是指剔除通货膨胀的影响，一国货币与一篮子其他主要货币的加权平均值。

youdao

Two is the Renminbi gets unhooked with US dollars, and the exchange rate refers to a basket currency formulation.

二是人民币与美元脱钩，汇率参照一篮子货币制定；

youdao

The yuan's exchange rate is set in relation to a basket of currencies and the precise composition of each currency is a secret.

较好的办法是和一篮子的货币挂钩，如美元、欧元、日元和其他稳定的货币。

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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