In order to keep the currency convertible, they had to keep interest rates high to prevent people from demanding to exchange the gold.

为了保持货币的转换性，他们不得不将利率提高，以防人们向他们索求金子的兑换。

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In order to keep the currency convertible they had to keep interest rates high to prevent people from demanding the gold.

为了保持货币的转换性，他们不得不将利率提高，以防人们向他们索求金子的兑换。

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The reason that countries dropped the gold standard was that under the effort to keep the currency convertible into gold they were worsening the depression of the 1930s.

这些国家放弃金本位制度，的原因在于，伴随着保持，货币与金子的转换功能，三十年代的大萧条正在被加深。

youdao

In order to keep the currency convertible they had to keep interest rates high to prevent people from demanding the gold.

为了保持货币的转换性,他们不得不将利率提高,以防人们向他们索求金子的兑换。

耶鲁公开课 - 金融市场课程节选

The reason that countries dropped the gold standard was that under the effort to keep the currency convertible into gold they were worsening the depression of the 1930s.

这些国家放弃金本位制度,的原因在于，伴随着保持,货币与金子的转换功能,三十年代的大萧条正在被加深。

耶鲁公开课 - 金融市场课程节选

Of course the price of gold never changed in the gold standard because that was the whole point of the gold standard that's if currency was convertible into gold.

当然，在金本位制度中,金子的价格从来没有变过,因为这是金本位制度,的核心所在,如果货币能够与金子转换的话。

耶鲁公开课 - 金融市场课程节选

Heavy subsidies to energy and water prices have been reduced and, last October, the government finally made its currency convertible and unified the exchange rate.

ECONOMIST: Karimov fights back | The

It is beginning to promote use of the yuan instead of the dollar in transactions with some of its trade partners, but it has set no timetable for making its currency convertible.

ECONOMIST: Round and round it goes

Under the classical gold-coin standard (1717-1914) private banks and central banks alike issued currency convertible into a fixed weight of gold, with balance sheets consisting primarily of gold coins and short-term loans denominated in local (but gold-convertible) money.

FORBES: Gold, Reagan and the Reds: From Degraded Dollar to Downgraded Debt