appreciation of the RMB

基本解釋

There has been little or no real appreciation of the RMB and there may actually have been some depreciation.
人民幣升值很小，或者說(shuō)實(shí)質(zhì)上沒(méi)有升值，可能還有一些貶值。
With the BOP account moving closer to equilibrium, the basis for large-scale appreciation of the RMB exchange rate does not exist.
因?yàn)閲?guó)際收支平衡表趨于平衡，人民幣匯率大幅升值的理論基礎(chǔ)并不存在。
Any appreciation of the RMB against the U.S. dollar during the investment holding period of these offshore funds would raise their IRRs.
這樣，在投資過(guò)程中，任何相對(duì)于美元的人民幣升值都會(huì)提高這些離岸基金的內(nèi)部收益率。

"The currency reform is to increase the flexibility of the RMB, that doesn't mean a dramatic appreciation."

Nonetheless, the available evidence suggests the RMB remains significantly undervalued, and further appreciation of the RMB against the dollar and other major currencies is warranted.
FORBES: U.S. Treasury Sticks It To The China Haters
Could you elaborate a little bit on the currency issue, such as the Vice President is going to talk to China on the value of the dollar and also the appreciation of the RMB?
WHITEHOUSE: Via Telephone
The first assumption is that China is in a position to deal with the negative effects of an appreciating RMB, as Japan did with the yen appreciation in the 1980s—by accelerating its transformation from an imitator to an innovator.
FORBES: US Currency Bill: Will China Yield?