Scoobyqueen Posted July 19, 2009 at 07:15 PM Report Posted July 19, 2009 at 07:15 PM What would you say was the technical translation for 盯住 in the following context: 由于美元在月份大幅走弱，而人民币在即期市场继续盯住美元，导致。。。 the dictionary definition of "gaze at, stare at, fixed" would suggest that it means the rmb is fixed to the US dollar. Is there a correct technical term? Cheers in advance. Quote
leeyah Posted July 19, 2009 at 07:54 PM Report Posted July 19, 2009 at 07:54 PM The financial term for 盯住 is 'pegged to': RMB (exchange rate) is pegged to the US dollar Quote
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