the yuan has been approaching equilibrium level, there is no such thing like the yuan being significantly undervalued.
What does EL stand for?
EL stands for Equilibrium Level
This definition appears very rarely and is found in the following Acronym Finder categories:
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See other definitions of EL
We have 39 other meanings of EL in our Acronym Attic
- Enterprise Links (Internet)
- Enterprise Linux
- Entertainment Links (Internet)
- Entrepreneurial Leave
- Entry Level
- Environmental Laboratory
- Environmental Liabilities
- Episcopal Life (magazine)
Samples in periodicals archive:
The Mortgage Debt Relief Act of 2007 also 'alleviated mortgage financing impediments to house prices falling to their long-run equilibrium level by reducing or eliminating foreclosure costs.
I suspect few members of the public understand what Barclays and other banks have been up to, but the scam has been to frustrate the equilibrium level of interest rates by deliberately keeping them too low.
Jones once vacancy rates crest will slowly return to equilibrium levels that support moderate rent increases matching price rises in the broader economy.
It also said that IMF staff felt Malaysia's ringgit currency appeared to be "weaker than its equilibrium level in real effective terms.
The formation mechanism of the RMB exchange rate will be further improved to keep the exchange rate basically stable at an adaptive and equilibrium level,'' the bank said in a statement issued the same day.
Uribe also said that a weaker peso 'would be good for the country,' though he added that it was difficult to calculate the currency's equilibrium level.
History suggests that markets rarely remain at equilibrium levels for long," he concluded.