With a managed float system, decisions to intervene to stabilise the currency markets are discretionary.
在有管理体制下,为稳定货币市场而进行干预的各种决定都是自由决定的。
Few analysts expect the RMB to rise more than 3 percent this year, in a managed float that officials say will be gradual.
一些分析家预期人民币今年将会美元升值超过3个百分点,官方表示它会在可控范围内循序渐进的浮动。
In recent years many emerging economies have shifted from exchange-rate pegs to a "managed float".
近些年来,新兴经济体们已经从汇率紧盯政策转向可控浮动。
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