The
currency has devalued at a rapid rate.
货币已以很快的速度贬值了。
The rumor soon gained
currency.
谣言很快传开了。
Most slang has short
currency.
大多数俚语只通用一时。
In addition to piles of circulating currency, the Qilu Bank employees found hundreds of blessing coins.
除了成堆的流通货币，齐鲁银行员工还发现了数百枚祝福币。
"A big element is currency exposure, especially where we do longer projects.
“一个重要因素是货币风险敞口，尤其是在我们做较长项目的情况下。
Currency exposure is sometime quite significant and, through the FTZ, we could mitigate that," he added.
货币风险有时相当大，通过自由贸易区，我们可以缓解这种情况，”他补充道。
Starbucks' China revenue grew 51 percent from the previous year to $821.9 million (5.8 billion yuan), or up 60 percent when excluding a 9 percent impact of foreign currency translation in the third quarter of its 2023 fiscal year.
星巴克在中国的收入比上年增长51%，达到8.219亿美元（58亿元人民币），不包括2023财年第三季度9%的外汇折算影响，增长了60%。
Starbucks' Q3 consolidated revenue reached a record $9.2 billion, up 12 percent from the previous year, or up 14 percent when excluding more than 1 percent impact of foreign currency translation.
星巴克第三季度综合收入达到创纪录的92亿美元，比上年增长12%，如果不包括1%以上的外币折算影响，则增长14%。
Through Flywire, Chinese students can pay their education institution using WeChat Pay in Chinese currency renminbi.
通过飞汇，中国学生可以使用微信支付以人民币支付教育机构费用。
Meanwhile, higher education institutions will receive the exact amount owed, reconciled to the penny in their own currency.
与此同时，高等教育机构将收到所欠的确切金额，并与本国货币中的一分钱进行对账。
"We invested heavily in the infrastructure that will support China's institutionalized opening-up, including cross-border payments, currency risk management and domestic payments to support cross-border business.
“我们在支持中国制度化开放的基础设施上投入了大量资金，包括跨境支付、货币风险管理和支持跨境业务的国内支付。
Group sales came in at 50.7 billion euros ($53.9 billion) in 2022, up 8.7 percent year-on-year on a currency and portfolio adjusted basis.
2022年，集团销售额为507亿欧元（539亿美元），经货币和投资组合调整后，同比增长8.7%。
Meanwhile, it expanded its vitamin product range in China, with the launch of an infant line containing calcium and vitamin D. "Following two consecutive years of high single-digit percentage growth rates, we expect our business to remain at a high level and grow by two to three percent in 2023 on a currency and portfolio adjusted basis," said Baumann.
与此同时，该公司扩大了其在中国的维生素产品范围，推出了一条含有钙和维生素D的婴儿生产线。鲍曼表示：“在连续两年保持高个位数的百分比增长率后，我们预计我们的业务将保持在高水平，并在2023年按货币和投资组合调整后增长2%至3%。”。
While more Chinese companies have survived the first stage of development in Japan, they also acknowledge the challenges ahead, such as Japan's aging population, fierce competition with local peers and unstable currency exchange rates.
尽管越来越多的中国公司在日本度过了发展的第一阶段，但它们也承认未来的挑战，如日本人口老龄化、与当地同行的激烈竞争以及不稳定的货币汇率。
During the second quarter of fiscal 2023, the company's business performance was led by Asia, and sales in Asia grew more than 30 percent over the prior year in constant currency.
2023财年第二季度，该公司的业务表现以亚洲为首，以不变货币计算，亚洲销售额比上年增长了30%以上。
Sales benefited from positive currency effects of 940xa0million euros (Q3 2021: 67xa0million euros).
销售额受益于9.4亿欧元的正货币效应（2021年第三季度：6.7亿欧元）。
This figure included a negative currency effect of 78xa0million euros (Q3 2021: 44xa0million euros).
这一数字包括7800万欧元的负货币效应（2021年第三季度：4400万欧元）。
Lenovo said its revenue also grew to $17.1 billion, up 3 percent year-on-year in constant currency, as its non-PC business achieved a robust performance despite challenges.
联想表示，其收入也增长至171亿美元，按固定汇率计算，同比增长3%，因为其非PC业务尽管面临挑战，但仍取得了强劲的业绩。
Lenovo said its net income in the June quarter grew 11 percent year-on-year to $516 million and its revenue grew to $17 billion, up 5 percent year-on-year in constant currency.
联想表示，其6月季度净收入同比增长11%，达到5.16亿美元，收入增长至170亿美元，按固定汇率计算，同比增长5%。
Group sales and earnings per share increaseSales of the Bayer Group rose by 8.9 percent to 44.081 billion euros in 2021 after adjusting for currency and portfolio effects (Fx& portfolio adj.
集团销售额和每股收益增长经货币和投资组合效应调整后，拜耳集团2021年的销售额增长8.9%，达到440.81亿欧元（Fx和投资组合调整。
Earnings were impacted by negative currency effects of 39 million euros.
收益受到3900万欧元负货币效应的影响。
This corresponds to an increase of about 5 percent after adjusting for currency and portfolio effects.
这相当于在调整了货币和投资组合效应后增长了约5%。
Meanwhile, China continues testing its central bank digital currency, or CBDC, called the e-CNY.
As for "digitalization", Liu said Temasek has noticed the applications of China's central bank digital currency, or e-CNY, which is mainly used to improve the convenience and encryption technology of online payments.
Spring Airlines received an order of 560 yuan paid with digital renminbi for a flight ticket from Shanghai to Shenzhen, marking the start of digital currency payment in China's civil aviation, said the Shanghai-based carrier on Friday.
The ticket was purchased by a Shenzhen resident surnamed Shui during Spring Airlines' business trial for digital currency settlement, and it has become the first air ticket bought with digital yuan.
"We have reserved billions of renminbi (Chinese currency) in additional annual spending to support initiatives in the future year," said Chief Financial Officer Maggie Wu in the call.
Adjusted for currency and portfolio effects, the sales were level year-on-year (plus 0.6 percent), according to the group.
Ant is also involved in shaping China's digital currency architecture, according to the filings, which stated it is "one of a number of powerful commercial institutions" that the People's Bank of China, the central bank, summoned in late 2017 to develop the digital currency system.
Another concept introduced by the tie-up is "social currency", a mechanism to encourage customers to spend more time navigating the experiences in the mini program.
Chinese steel mills are looking to gain a greater say in iron ore pricing by opting for yuan-denominated settlements, with a key deal concluded in the Chinese currency recently.
In January, Baosteel purchased about 330 million yuan worth of iron ore from Brazilian iron ore miner Vale in Chinese currency.
"Cross-border yuan settlements will not only lower the risks from currency rate fluctuations, but also lower exchange costs for various currencies and improve trading efficiency," said Wang.
Zhang Tieshan, operational director of supply chain company Didisteel, expects more deals to be settled in the Chinese currency as China accounts for bulk of the iron ore usage in the world.
Strong revenue growth was seen in key markets, with standout performances in Asia, where revenue nearly doubled to C$48.9 million ($36.9 million) from C$26.6 million, and the United States, which rose by 38.5 percent on a constant currency basis.
China is increasingly gaining a greater presence in the global crude oil market in recent years, due to the internationalization of its currency, the launch of yuan-denominated oil futures, and easier access to the global crude oil market for domestic buyers, he said.
Fen is a monetary unit of the Chinese currency, renminbi, and is worth one hundredth of a yuan.
It was not until China removed such quotas as part of the efforts to open up its capital markets and allowed foreign banks to enter local currency business, did Citi expand its client base in the country to SMEs.
Global equities, as represented by the MSCI All Country World Index, declined by 9.4 percent in US currency for the year.
Weibo estimated its net revenue would grow 6 percent to 9 percent year-on-year on a constant currency basis for the third quarter of 2019.
The announcement of the birth of Libra, the digital currency backed by a consortium of tech companies led by Facebook, has grabbed headlines around the world, including China.
"While Libra is dedicated to issuing the currency, inviting developers in different countries to push its adoption, Alipay and WeChat Pay are essentially wallet applications that lie on top of a currency," said Michael Ho, a principal specialized in financial services at global consultancy Oliver Wyman.
However, according to Ho, the two real game-changers for Libra are its broad user base built on the Facebook ecosystem, as well as a global payment network pegged to a pool of convertible flat currencies, meaning it could practically become a de facto online currency in the future.
That means Chinese firms are temporarily ruled out of the possibility of launching a digital currency of similar global influence," said Guo Yuhang, chairman of Starwin Capital and head of the China Blockchain Application Center, a nonprofit organization.
Libra is a mainstream effort that will get people outside China thinking about digital currency, said O'Donnell.
Ho from Oliver Wyman said it remains unclear whether Libra could become a mainstream virtual currency in three to five years' time.
"Starwin's Guo cautioned China's potentially passive position within currency competition if it fails to participate in this new phase of digital economic revolution.
"The regulatory authorities should encourage the Chinese private sector to get its hands on technological accumulation and application of digital currency and digital assets.
Its products are exported to various countries including Turkey, Russia, Italy and Poland, making it the largest exporter in Tajikistan in terms of foreign currency earnings.
Riding the tide of the renminbi's internationalization,China CITIC Bank will further intensify its efforts to provide integrated local and foreign currency cross-border services and products.
In Japan, Huobi supports Japan's currency, the yen, to crypto trading with licenses.
Facebook is unveiling plans to create a new digital currency similar to Bitcoin for global use, one that could drive more e-commerce on its services and boost ads on its platforms.
The digital currency, called Libra, is scheduled to launch sometime in the next six to 12 months.
Creating its own globe-spanning currency — one that could conceivably threaten banks, national currencies and the privacy of users — isn't likely to dampen regulators' interest in the social media giant.
The higher margins of the German sportswear company were attributable to lower sourcing costs, favorable currency developments as well as a better product and distribution channel mix.
It not only offers a variety of travel products but provides foreign currency exchange services online.
Due to the expansion of RMB internationalization, we see more and more offshore entities using the yuan as a trading currency and for international settlements.
Ant Financial Services Group has agreed to buy British currency exchange WorldFirst, the company announced on Thursday.
"By combining WorldFirst's award-winning currency account, international payments and currency exchange products with Ant Financial's range of financial technology solutions, we will advance our shared aims of building the best global platform for international trade and bring fast and affordable services to individuals, small and medium-sized businesses and online merchants around the world," Quin wrote.
Chinese users pay in yuan, while retailers receive payment in their local currency.
Alipay takes care of the logistics and currency exchange, and collects a commission.
He said China will not stimulate exports through depreciating the renminbi, but instead deepen exchange rate reforms and keep the currency at a reasonable and balanced level.
Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, told CNBC in a recent interview that he foresees a “dollar crisis” in two years when the US currency will depreciate by as much as 30 percent resulting from the Federal Reserve’s need to print more money to make up for the deficit, pay pensions and meet healthcare obligations.
With only 35 Chinese staff members, Hisense's plant in South Africa has offered more than 2,700 job opportunities for local people in total and generated taxes and foreign currency earnings.
Steve Easterbrook, McDonald's global CEO, said: "The MacCoin is the first food-backed collectable currency and transcends a single currency to commemorate our global iconic burger, while giving customers all over the world a chance to enjoy a Big Mac on us.
"We delivered another quarter of very strong performance, with revenues of $32.7 billion, up 26 percent versus the second quarter of 2017 and 23 percent on a constant currency basis," Ruth Porat, CFO of Alphabet and Google, said of the financial results of the quarter ended on June 30, 2018.
Most of its revenue comes from livestreaming business, where users will buy virtual currency and items.
In its latest attempt to allure more Chinese visitors, Merlin Entertainments recently partnered with Alipay, China’s largest mobile payment platform, in a deal enabling tourists from China to make payments in their home currency to purchase both tickets and souvenirs across all of Merlin’s London attractions, including London Eye, Madame Tussauds London, the London Dungeon and more.
The currency is recovering from a period of depreciation following the UK referendum on European Union membership.
“Our findings partly demonstrate the impact that currency fluctuations can have on a destination,” Jager said.
Jack Ngare, managing director of Equity Bank subsidiary Finserve, told journalists in Nairobi that following the agreement East Africans will be able to use WeChat Pay and Alipay to purchase goods and services in local currency.
The Ethiopian government, which has been expressing its concern over the minimal share of local medical drugs production for the East African country's domestic use, stressed the benefits of the Chinese pharmaceutical firm in saving large amount of hard currency through import substitution.
Mindy Liu, the company's international business manager, told Xinhua that the company will in the near future embark on exporting medical drugs to other African countries as well as to the rest of the world, eventually bringing the much needed hard currency to the East African country.
However, business environment remains tough because of the ongoing political instability, currency volatility and devaluation in the region, rising oil prices, and downward pressure on margins from relentless competition, said the leader of the airline giant.
Adidas was hereby able to offset significant currency headwinds resulting from the depreciation of the dollar with positive effects from a better pricing and product mix.
Pandora's sales revenue from the mainland reached 1.59 billion Danish krones ($262.47 million) — an increase of 82 percent in local currency.
As the RMB becomes a more international currency, this is becoming increasingly important to our clients.
The firm is also starting to sell its products in renminbi, making it the only global iron ore company that is selling in the Chinese currency.
"By doing that, we are opening the door for the smaller customers in China that cannot have access to foreign currency to buy iron ore," he said.
"Egypt has become an investment attractive state because our local currency has become very encouraging for investors, the raw materials are mostly available and cheap, and the new investment law has been approved to facilitate business establishment," she added.
There are still a lot of risks in the virtual currency ICO and Tencent has no plan to step into that business.
As of September 30, 2017, the ending balance of Leshi's currency fund at the third quarter was 834 million yuan, National Business Daily reported.
In the longer term, the bank also looks to offer more innovative products and services, including cross-border currency clearing and targeted products.
The company had for the six month period ending November 2017 reported a 2.3 percent growth in international revenue on the back of currency gains.
Formerly known as Shell Refining Company (Federation of Malaya) Bhd, Hengyuan Refining has returned to profit in the third quarter ended September 2017, posting a net profit of 361.78 million ringgit ($88.69 million), compared with the net loss of 80.86 million ringgit in the previous year on improved gross profit margins and foreign currency exchange gains.
In recent months, the currency has strengthened against the US dollar.
"Using the renminbi as a settlement currency, as well as providing more convenient tax and visa facilities, can prompt more Chinese companies to invest in BRICS," Huang said.
The company attributed the decline to currency exchange rate fluctuations, and external and cyclical factors.
"However, challenges that Three Gorges might face include low GDP growth in the short term as well as currency volatility.
It provides both corporate and personal services, including credit facility, account services, international settlement, exchange services and Chinese currency services.
The pair are also expanding internationally in tandem with outbound tourism, getting more businesses to accept their services which allow users to make payments using bank accounts in China without complications posed by currency exchange.
Hong Kong is currently the only location outside Chinese mainland where WeChat Pay and Alipay offer payment services executed entirely in the local currency.
Currency exchange rate is another reason that encourages Chinese investors to look at quality properties in the UK, as the pound dropped some 10 percent against the renminbi in the past two years.
Tolcha said the project is part of the Ethiopian government's plan to ensure food self-sufficiency and earn hard currency from the export of crop products.
Aziz said that it is always a good idea to utilize local currency borrowing to support local huge infrastructure projects, not only to mitigate foreign exchange risk, but to also create a wider, truly localized ownership of the investment process.
Zhou Xiaochuan, the People's Bank of China governor, suggested earlier this month that local currency should be used in future Belt and Road Initiative investments as using local currency more will also gradually improve market confidence in the particular currency, in addition to lowering foreign exchange risks.
CIMB Group is the largest issuer of ASEAN local currency bonds, and the top issuer for Malaysian Ringgit bonds , said Aziz.
The renminbi is gaining increasing importance globally, thanks to China's economic resilience and the Chinese currency's stable fundamentals in the foreign exchange market, experts said.
According to data provided by global financial messaging services provider Society for Worldwide Interbank Financial Telecommunication (SWIFT) on Thursday, the RMB became the fourth most active currency for global payments by value in November.
The last time that the Chinese currency was in fourth place was in January 2022, before falling to fifth place a month later.
Meanwhile, the RMB ranked as the second most frequently used global currency in the trade finance market in November, next to only the US dollar.
The Chinese currency was in third place for this gauge in October.
This can be proved by the increase in the currency's share in global payments from 1.91 percent in January to 3.6 percent in October as observed by SWIFT, she wrote.