Verbal intervention on the dollar and euro is welcome - but it is time for verbal intervention on the rupee and renminbi as well.
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随着美元兑欧元的走软,人民币汇率给欧洲公司带来了更大的压力,欧洲也开始惊慌地关注起事态变化。
With the dollar falling against the euro, Europeans are watching with alarm as their companies come up against an even greater Chinese currency advantage.
Yet since Beijing loosened its peg to the dollar more than three years ago, the yuan has actually fallen against the euro, pushing the European currency up about 2.6% against the yuan since 2005.