A more freely floating currency would ease this stop-and-go cycle.

而如果货币能够更为自由浮动，就会走出“停停走走”的怪圈。

youdao

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。

youdao

This is how we value our currency, and against all other currencies exchange rates are freely floating.

这是我们选择的确认自己的币值的方法，与所有其它外币的汇率是自由浮动的。

youdao

But Mexico is alone among the big Latin economies in having a freely floating currency, which gives it more policy flexibility.

ECONOMIST: Latin America seeks shelter

This exchange rate liberalization has continued and while the ruble is not a freely floating currency, it is much closer to being one that it was in the past.

FORBES: Is the Russian Ruble Excessively Strong?

The upshot is that, far from taking China closer to a freely floating global currency - the offshore trade is actually take it further away, with the central bank intervening in the markets even more than before.

BBC: Mr Osborne and China's long road to a global currency