We will improve the system of managed floating foreign currency exchange rates and keep the Renminbi exchange rate basically stable at an appropriate and balanced level. 我们要完善有管理的浮动汇率制度,保持人民币汇率在合理、均衡水平上的基本稳定。
Argentina, which was forced to give up its 1:1 peg to the US dollar in 2002, experienced a stormy floating of the peso in the currency markets. 阿根廷则于2002年被迫放弃了本国货币按1:1比率盯住美元的汇率安排,此后外汇市场上比索汇率剧烈波动。
Potentially controversial reforms under discussion include a more freely floating currency and an open door for international capital flows. 还有一些改革举措也在讨论中,但也许会引发争议,包括让汇率更加自由地浮动,以及为国际资本流动打开门户。
China has been moving, sometimes slowly and jerkily, towards turning the renminbi into a floating convertible currency and a reserve asset. 中国一直在朝着将人民币转变成一种自由浮动可兑换货币以及一种储备货币的方向前进,虽然有时行动缓慢,脚步不稳。
This would be a completely independent, floating currency not fungible with the CNY. 这将是一种完全独立的、汇率浮动的货币,与CNY是相互不可替代的。
Dollars is a freely floating currency traders, as China and India that representatives of the economic growth. 澳元是一种自由浮动的货币,被交易员视为中国和印度经济增长的代表物。
We'd adopt a floating rate foreign currency loan with security. 我们采用浮动利率抵押贷款。
Under a floating exchange rate system, as long as countries accumulate only moderate amounts of currency reserves allowing them to intervene in any future crisis, the demand for dollar-denominated assets should be limited. 按理说,在浮动汇率体系之下,只要他国积累的外汇储备数量不过分(足以让它们有能力对未来的危机加以干涉),对美元计价资产的需求应该是有限的。
Mr Paulson said he would make it a "major objective" of his two remaining years in office to press China to advance towards the goal of a fully floating market-determined currency. 保尔森表示,在他余下的两年任期中,将把敦促中国迈向自由浮动的市场化汇率作为其“主要目标”。
Interest ( rate) swap: An agreement to exchange floating rate payments for fixed-rate payments in the same currency. 利息(率)掉期:在同一货币中,以浮动利率付息交换固定利率付息的协议。
Equally, no government alone has the power to fight the trillions of dollars floating around in international currency markets. 另外,没有哪个政府能够凭借一己之力同国际外汇市场上流动的数万亿美元资金展开对抗。
The crisis has brought important lessons about the benefits of possessing a freely floating currency. 在拥有自由浮动货币的好处方面,这场金融危机带给了我们一些重要的经验。
Otherwise, as explained above, if the currencies of two different countries are freely floating, as one country expands its money supply, its currency will fall in price against its paired currency. 否则就会像前面所述,如果两国间的货币是自由浮动的,如果一国扩张其货币供给量,该国货币价格相对于另一国家就会下降。
Europe started a long process towards monetary union, via an exchange-rate mechanism, which resulted in a single and free floating currency 30 years later. 欧洲开始了通过一项汇率机制迈向货币统一的漫长过程,30年后,它们拥有了一种自由浮动的单一货币。
A more freely floating currency would ease this stop-and-go cycle. 一个更自由的浮动汇率将会使流通更加顺畅而不至被中止。
It will not be as rapid as a freely floating currency regime can be in eliminating imbalances and it will impose hardships on many of the poorest in Asia. 在消除失衡方面,这不会像一个自由浮动的货币体系来得那样迅速,这也会使亚洲最贫困的一些国家面临一段艰难时期。
Floating exchange rates have proved a source of tremendous periodic instability, yielding repeated currency crises in countries whose currencies are not acceptable for international transactions, but which build up imbalances in their national balance sheets through their imports of dollar capital. 浮动汇率已成为极端的周期性不稳定根源,在一些本币不被国际交易接受的国家造成了一次又一次的货币危机,并通过美元资本的进口,加剧了这些国家资产负债表的失衡。
The bigger point is that a country with a floating currency is likely to see adjustment to shifts in portfolio preferences come via movements in the exchange rate rather than in the prices of bonds. 更重要的是,实行浮动汇率制的国家很可能会看到,引起资产组合偏好变化的调整,会通过汇率变动而不是国债价格变动来实现。
Exchange rates are not the only things that are floating freely in currency markets these days. 如今,在货币市场自由浮动的不单单只是汇率,还有许多错误的想法。
There is no doubt that the renminbi is not a free floating currency, but there is no international obligation to let all currencies float. 无庸置疑,人民币汇率不是自由浮动的,但没有哪条国际性规定要求所有货币都自由浮动。
They are free to form associations and make friends, to have their own thoughts and beliefs, to speak and communicate, and to write and comment. A more freely floating currency would ease this stop-and-go cycle. 他们可以自由结社自由交友,自由思想自由信仰、由言说自由通信、由写作自由评论。一个更自由的浮动汇率将会使流通更加顺畅而不至被中止。
The floating exchange-rate system works surprisingly well, but currency volatility and unpredictability look likely to remain an enduring constant in2011 and beyond. 浮动汇率体系运转得非常优秀,但货币波动和不可预测性仍将在2011年及以后的时期继续存在。
Countries shifted to a floating rate system in which international currency markets were, in principle, allowed to determine exchange rates. 各国纷纷转向了浮动汇率体制在该体制下,原则上由国际外汇市场决定汇率述评。
Although it opposes the concept of a floating exchange rate, it is not seen as implacably opposed to greater currency flexibility. 尽管发改委反对实施浮动汇率,但分析师认为,该机构并非坚决反对实施更加灵活的汇率政策。
Sweden is in the EU but outside the euro and has a freely floating currency. 瑞典是欧盟国家,但不在欧元区内,其货币自由浮动。
A bank loan taken out at a floating interest rate, or denominated in foreign currency, exposes the borrower to additional risks beyond his control. 按照浮动利率借出的或者以外币标价的一笔银行贷款使借贷者承受超出其控制力的额外风险。
However, in the process of China's further financial opening-up, if we directly employ floating exchange rate regime, currency substitution would greatly weaken the independence of monetary policy, which is quite important for China. 但在中国金融进一步开放的过程中,如果直接实行浮动汇率制度,货币替代的存在也将使本国货币政策的独立性大大削弱。然而对于中国而言,保持独立的货币政策尤为重要。
That this article discusses the formation mechanism of the long-run exchange rate in the floating exchange rate regime is to discuss the formation mechanism of the value of a currency in the perspective of how the value of a currency is expressed by another currency. 所以,本文讨论浮动汇率制条件下的长期汇率生成机制,也就是从一种货币的价值如何由另一种货币来体现这个角度讨论货币的价值生成机制。
The exchange rate risk is an important kind of market risk of the commercial bank, and it endogenously derives from the floating exchange rate system of the world currency system. Improper management of exchange rate can bring unexpected heavy loss to a commercial bank. 汇率风险是商业银行一种重要的市场风险,它内生于世界货币体系中的浮动汇率制度,对汇率风险的不当管理会使商业银行遭受意想不到的巨大损失。