China has even suggested that it might not allow any further appreciation of the yuan this year.

This suggests that further appreciation of the yen is required.

Mr. Schweitzer said that any further appreciation of the euro could be modest this year.

But analysts almost uniformly say they expect further appreciation over the next year.

Vidya received further appreciation for her performance in Kahaani.

Others are less certain that further appreciation is at hand.

Despite the rate cuts, the dollar ended broadly lower, dragged down by further appreciation of the Japanese yen.

At the head of each arrow, he scrawled further appreciation.

But raising domestic lending rates could make it harder for China to allow further appreciation of the yuan.

Motivated by expectations of further appreciation, international investors have pumped a large amount of money into the economy.