Since the beginning of the year, there have been sharp drops in the dollar-yen conversion rate. 年初以来,美元对日元的汇价一路下泻。
The yuans movements have in fact started to track more closely estimates of its effective exchange rate, or the currencys overall value against all of Chinas trading partners. 实际上,人民币走势已经开始更紧密地追随其有效汇率的估值,有效汇率即人民币兑中国所有贸易伙伴国货币的总体汇价。