You mustn't depreciate their achievements.
你们不可贬低他们的成就。
Eric often depreciates [=disparages, belittles] the importance of his work.
埃里克常常贬低自己工作的重要性。
You must not depreciate the work she has done.
你们不要轻视她所做的工作
The value of the car will depreciate over time.
汽车的价值会随着时间而贬值。
It's important to remember that electronic devices tend to depreciate quickly.
重要的是要记住，电子设备往往很快就会贬值。
The company had to depreciate its assets for tax purposes.
公司为了税收目的不得不对其资产进行折旧处理。
Owning a home can be a good investment since property usually appreciates rather than depreciates.
拥有房产可以是一项不错的投资，因为房产通常会升值而不是贬值。
The constant upgrades in technology cause older models to depreciate rapidly.
技术的不断升级导致旧型号迅速贬值。
The economic downturn led to the depreciation of the country's currency.
经济衰退导致该国货币贬值。
Regular maintenance can help slow down the rate at which equipment depreciates.
定期维护可以帮助减缓设备的贬值速度。
In accounting, depreciation is a method of allocating the cost of an asset over its useful life.
在会计中，折旧是将资产成本在其使用寿命内进行分配的一种方法。
Antique furniture often appreciates rather than depreciates in value.
古董家具的价值往往会增值而非贬值。
The new policy may lead to the depreciation of our exports.
新政策可能会导致我们出口商品的贬值。
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.
The biggest of them were in 2013 and last year, when the yuan depreciated, inflating costs of imported components.
In addition, analysts pointed out that the yuan has depreciated against the surging dollar lately, which has helped stabilize China's exports and improve its balance of payments to some extent as a result of the enhanced price competitiveness.
In the midst of capital outflows, the renminbi exchange rate depreciated markedly and fell below the lows seen in October of last year.
Most currencies have recently depreciated against the US dollar given the latter's extremely strong performance this year.
But based on past experience, the renminbi will not depreciate substantially given China's economic fundamentals.
According to significant depreciation cases recorded by the International Monetary Fund ever since the Bretton Woods system came to an end in the early 1970s, 148 out of the 157 cases — during which currencies depreciated by at least 15 percent in a single year — were concurrent with inflation or trade deficits.
Major currencies such as the euro, Japanese yen and British pound have all depreciated significantly against the US dollar, and the renminbi is no exception.
Since the beginning of this month, the onshore yuan had depreciated by about 3.5 percent against the greenback as of Monday afternoon.
The widening interest rate gap between China and the US will result in capital inflows into the US, which will pressure the renminbi to depreciate.
If the renminbi does not depreciate, it is necessary for the Chinese government to intervene in the foreign exchange market.
There does not appear to be any reason for EM currencies to depreciate at this point in time.
This time, however, growth in emerging economies remains strong, which means there is no reason for EM currencies to depreciate and thus cause a panic among foreign investors.
In addition, expectations that the US dollar will further depreciate are adding to the buoyancy in the market, they said.
The US dollar index contracted 6 percent last year, and the US dollar is likely to further depreciate this year due to low interest rates and immense fiscal stimulus spending.
In addition, the currencies of many African countries continue to depreciate.
But the Chinese currency, which depreciated by 2 percent against the dollar in August, led to a mild increase in the RMB gold price.
Additionally, if the yuan continues to depreciate, it will affect the airlines' profits because of exchange rate losses," said Lin Zhijie, an aviation industry analyst and columnist at Carnoc, one of China's largest civil aviation news websites.
They were upset the apartments they had bought at prices like 40,000 yuan ($5,865) per square meter in August 2017, depreciated in value after the next phase of the development in April saw similar units being sold at "just" 22,000 yuan per sq m, or almost half the price a few months back.
Sources said such behavior has been detrimental to the image of the two brands as a result "Peugeot and Citroen cars depreciate in value much faster than the other European brands.
The value of used GM vehicles have depreciated faster than expected in the first quarter, particularly with crossovers, and prices will fall as much as 3 percent next year.
The WGC said gold prices surged nearly 10 percent in 2022 at a time when the benchmark Shanghai Composite Index slid over 15 percent and the renminbi depreciated more than 8 percent.
Speaking about the yuan's exchange rate, Zou said though the yuan depreciated against the US dollar following a higher dollar index since mid-July, the Chinese currency has maintained its strength against other non-dollar currencies.
So far this year, the onshore yuan has depreciated by more than 3 percent against the dollar, which experts attributed to China-US monetary policy divergence as well as the US economy's resilience when China's economic recovery had slowed down.
Amid a China-US monetary policy divergence and slowing momentum of China's economic recovery, the onshore renminbi has depreciated by more than 5 percent against the dollar since mid-April.
Ever since the renminbi breached the 7-per-dollar psychological level on May 17, China's currency has depreciated nearly 2.9 percent against the greenback.
Ever since the RMB breached the 7-per-dollar psychological level on May 17, China's currency has depreciated by nearly 1.4 percent against the greenback to date.
Under such a comparison, the Chinese yuan has depreciated against the greenback, which is part of regular market fluctuations, Feng said.
Other major currencies have thus depreciated against the greenback, with the euro down 1.22 percent, the Japanese yen shedding 2.01 percent and the British pound sliding 1.1 percent.
Wang said there is little room for the renminbi to depreciate significantly.
Yi said that maintaining currency stability means keeping prices and the exchange rate basically stable, so that the money in people's hands won't depreciate.
The RMB had therefore depreciated by 12.78 percent against the greenback.
Major currencies such as the euro and the Japanese yen have depreciated significantly, resulting in higher volatility in the international capital market.
Since Aug 15, the renminbi has depreciated against the US dollar by more than 5.9 percent.
It is thus quite unlikely that the renminbi will continue to depreciate substantially, he said.
Although renminbi has depreciated against the US dollar recently, its deprecation is much smaller than the appreciation of the US dollar index during the same period.
Ye Yindan, a researcher at the Bank of China Research Institute, said there is limited room for the renminbi to further depreciate against the dollar, thanks to a potential pickup in China's economic growth, which may accelerate to about 5 percent year-on-year in the fourth quarter from around 3.8 percent in the previous quarter.
Since mid-August, the Chinese currency has depreciated 5.7 percent against the greenback.
"Although the RMB has depreciated by 9.88 percent against the US dollar so far this year, the People's Bank of China, the country's central bank, said on Friday that the RMB exchange rate has remained stable within a rational band, and two-way fluctuation of the currency is "normal".
Over the past few months, all the major developed economies' currencies, including the sterling, the euro and the Japanese yen, have depreciated against the US dollar as well.
While the yuan has depreciated against the greenback to touch 6.9 in the past few trading days, it has appreciated against other major currencies such as the euro or the Japanese yen.
Affected by the rapid rise of the US dollar index, non-US currencies have generally depreciated.
Trade surplus, opening-up, fiscal and monetary measures seen as supportsWhile the renminbi exchange rate against the US dollar touched a 23-month low on Monday, it is unlikely the Chinese yuan will depreciate significantly in the rest of the year, thanks to the country's economic resilience, said experts.
Given China's economic growth rate, international income and expenditure, its balance of international payments, the US dollar index and China's exchange rate adjustment policies, there is little room for the renminbi to depreciate significantly in the following months, he said.
In terms of the spot rate, the renminbi depreciated 3.8 percent against the US dollar in April on a monthly basis.
With the dollar index having surged about 9 percent since the beginning of this year, major currencies such as the euro, the Japanese yen and the British pound have all depreciated 8 to 10 percent against the greenback, while the yuan has depreciated just 6 percent on the domestic market, Wang said.
The Hong Kong dollar has slightly depreciated by 0.3 percent against the US dollar since late February, which is still in line with the overall depreciation trend started one year ago.
The yuan may have higher flexibility to depreciate.
On the contrary, farmers' homes are built on homestead land and begin to depreciate the day they are built, leading to increasingly wider wealth gaps with their urban counterparts.
Higher asset prices trigger record growth in foreign currency holdingsChina's foreign exchange reserves rose to a five-year high of $3.2218 trillion in May due to changes in asset prices after the United States dollar depreciated, according to the country's forex regulator.
A great deal of market and policy factors will impact on the forex market in the future, and the RMB is likely to appreciate or depreciate.
Economic fundamentals can determine that there is no basis for the RMB to depreciate in the immediate term as well as in the near term, unless the international financial market turns turbulent again and the US dollar strengthens remarkably.
As the US dollar index sharply rose to 103 on March 20 from 94.6 on March 9, the RMB depreciated against the greenback by 2.4 percent.
Currencies in the emerging market declined by 3 percent, while the yuan depreciated by 2 percent, according to data from the PBOC.
As of Friday, the onshore-traded renminbi had depreciated by 1.4 percent against the US dollar this year, compared with a 13.4 percent drop of the emerging market currency index.
As of Friday, the onshore-traded RMB had depreciated by 1.4 percent against the US dollar this year, compared with a 13.4 percent drop of emerging market currency index.
com, a global foreign exchange platform, said that in the short term, "it is difficult for the yuan to depreciate back to 7 and beyond, given the weaker US dollar index after the peak in the third quarter of last year.
"In early August, the RMB depreciated to beyond 7 per dollar, but that was because of the escalation of Sino-US trade frictions, which triggered market panic, and it was not the result of any manipulation, he told China Daily.
"It is difficult for the RMB to depreciate back to 7 and beyond, given the weaker US dollar index after the peak in the third quarter last year.
Since May 2018, the yuan has depreciated against the US dollar (from 6.33 to 7.15) and the exchange rate volatility has also increased.
"We believe the dollar could lose its status as the world's dominant currency (which could see it depreciate over the medium term) due to structural reasons as well as cyclical impediments," wrote JP Morgan strategist Craig Cohen in a note on July 10.
Citing previous market performance, Zhu said the yuan has depreciated against the dollar following Washington's renewed threat of tariff hikes on Chinese goods.
The IMF report, referring to last year's performance of the yuan, also said that even though the Chinese currency depreciated against the dollar fairly rapidly from mid-June to early August, it was "broadly stable" against a basket of benchmark currencies.
Despite that the yuan depreciated against the dollar relatively rapidly from mid-June to early August last year, the Chinese currency was "broadly stable" against a basket of currencies, the report said.
"Despite the RMB/USD depreciation, the RMB was broadly stable against the basket and depreciated in real effective terms by about 2½ percent since the last Article IV.
"The bilateral RMB/USD rate depreciated relatively rapidly from mid-June to early August 2018, when measures to counter depreciation pressure – the 20 percent reserve requirement for FX derivatives (a capital flow management measure (CFM)) and the countercyclical adjustment factor (CCAF) in the daily trading band's central parity formation – were reintroduced," the report said.
In response to the IMF estimates through May 2019 which show the REER has depreciated by about 0.2 percent relative to the 2018 average, Sachs said the unilateral tariff action by the United States "surely has caused some depreciation" of the equilibrium REER.
On Monday, the US Treasury, following an earlier pronouncement by US President Donald Trump, applied the label to China after the yuan depreciated, escalating the US-China trade friction.
On Monday, the US Treasury, following an earlier pronouncement by US President Donald Trump, applied the label to China after Beijing allowed the yuan to depreciate, escalating the US-China trade dispute.
Mei Xinyu, a researcher at the Ministry of Commerce's International Trade and Economic Cooperation Institute, said the renminbi is unlikely to depreciate sharply because its value is supported by the stable fundamentals of the Chinese economy and its longtime trade surplus, which is likely to continue to increase.
"Under the influence of factors including unilateralism, protectionist trade measures, and expectations of tariffs against China, the yuan has depreciated against the dollar today, breaking through the 7 yuan per dollar," the PBOC said in a statement on its website.
"Similar views were expressed by Pan Gongsheng, head of the State Administration of Foreign Exchange (SAFE), on Sunday, after the onshore renminbi depreciated to 6.9182 per US dollar on May 17.
Before his pledge, the onshore renminbi rate depreciated to 6.9182 per dollar at Friday's close, the weakest level since December, and the offshore renminbi rate hit its lowest level since November.
The offshore yuan has depreciated by nearly 2.6 percent from May 1, and touched 6.9184 per dollar on Monday, close to a five-month low.
The yuan has depreciated by around 0.7 percent in the last two trading days.
Meanwhile, the renminbi also depreciated against the greenback.
China will adhere to marketized reform and will not depreciate its currency in a competitive way.
In the money market, the main topic of discussion has been whether the currency would depreciate further and cross the psychological threshold of 7 yuan per dollar.
Economists said it's no surprise that other currencies would depreciate against the US dollar as the United States engages in fiscal stimulus and tightens its monetary policy.
"If China manipulates it, the country should have tried to have its currency depreciated, which is not the fact," said Yu Yongding, a senior economist of the Institute of World Economics and Politics of the Chinese Academy of Social Sciences.
The US government has repeatedly accused China of trying to depreciate the yuan to facilitate its exports.
The onshore renminbi spot exchange rate depreciated at one point to 6.9273 per US dollar on Monday, when the exchange rate market re-opened after a seven-day shutdown during the National Day holiday.
Zhang said it is unlikely the renminbi will depreciate to weaker than seven per dollar by the end of this year.
The currency jumped from the year's lowest value of 6.9568 per dollar, recorded just a week ago on the offshore market, a level influenced by the global market panic after the Turkish lira sharply depreciated.
That pushed the Chinese currency to depreciate toward what is often called the "psychological threshold" of seven per dollar.
The inflows come at the time when yuan faces some depreciation pressure against the dollar amid escalating trade tensions with the United States that fueled the deterioration in market sentiment, triggering concerns that the foreign investors lured by the nation's yields－where 10-year bond yield way outpaced that of some developed countries, may have lost some faith as yuan is likely to depreciate more and the economy faces some economic headwinds.
"While many financial experts don't expect China to depreciate the yuan as a weapon, they agree that the Chinese currency would come under more downward pressure as the trade war escalates.
"But, once the market understands this is how China is going to play the game, they're going to depreciate the currency, control capital flow and lift the competitiveness of exporters.
"In the first half of this year, the renminbi depreciated 1.7 percent against the US dollar to 6.6246 by the end of June.
Before he could cash out, bitcoin plunged further, and the value of his investment, and presumably of those of his ilk in China as well as elsewhere, depreciated sharply.
Last year, experts had predicted that the yuan would continue to depreciate after it ended 2016 with its biggest loss since 1994.
The currency has depreciated by 1.34 percent from the 16-month high on Sept 11.
According to Bloomberg statistics, the US dollar has depreciated 3.25 percent to 6.71 against RMB year-to-date.
The yuan does not face much near-term pressure to depreciate, at a time when the dollar has not shown much momentum, despite the Fed signaling that an interest rate hike may come soon in its minutes released in May.
China does not want nor need to depreciate its currency to gain export competitiveness, and the PBOC's moves to inject liquidity into the forex market aim to avoid irrational depreciation and market panic, Pan Gongsheng, head of SAFE, wrote in the latest edition of China Finance, a leading industry magazine managed by the central bank.
The yuan has become steadier against the dollar, after recent data showed that onshore yuan depreciated for the second month by around 0.08 percent, but the extent to depreciate has narrowed compared with the previous month.
He observed that the RMB depreciated "the least" against the US dollar compared to other major currencies over the past three years, hence "it is in fact doing the best job in maintaining value against the dollar," he said.
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