Having parked most of their surpluses in the currency that was most convertible -the dollar -asian countries face the prospect of losing as much as the country that issued the currency.

由于亚洲国家的多数盈余都配置为兑换能力最强的货币——美元，它们面临着与该货币发行国相同的亏损前景。

youdao

The currency is not fully convertible, so capital flows in and out of the country are controlled.

中国的货币不能完全实现自由兑换，因此该国的资本流动受到了控制。

youdao

Most people who matter agree about the economic and political direction the country has to take: it must embrace markets, private property, a stable, convertible currency, regular elections and freedom to travel abroad.

ECONOMIST: A survey of Russia