exchange rate

What also helped was a stable exchange rate between the Chinese yuan and the US dollar.

This has been worth somewhere between $1,700 and $2,700 over the past couple of years - the unofficial exchange rate has fluctuated since the coup.

On Thursday, Trump signed a memo that instructed staff to develop custom tariffs for each country, taking into account features such as their existing tariffs, exchange rates, trade balances and other rules.

So what you call 'free trade,' and I would call the Bretton Woods fixed exchange rate consensus, was designed for America to support and even subsidise the growth of European economies and other economies.

Speaking in the Mauritian Parliament on Tuesday, Ramgoolam said payments, due to be made in dollars, would now be subject to a variable rather than fixed exchange rate, arguing the previous deal was not "inflation-proof".