The global reserve system has been fraying for a long time.

他表示：“长期以来，全球储备货币体系一直是有问题的。”

youdao

Sentiment was also buoyed by action from the Federal Reserve and other central Banks to free up liquidity in the global financial system.

也有观点认为同时也和美联储和其它央行释放全球金融系统的流动性有关。

youdao

The New York Federal Reserve Bank eventually engineered an orderly unwinding of the fund to prevent its problems from rippling out through the global financial system.

纽约美国联邦储备银行于是设计了顺序回收基金的方案，以免它的问题扩大影响到全球金融体系。

youdao

However,to become more competitive in the global economy, the government is trying to rollback its system of ethnic preferences, which requires companies to reserve 30 percent of their shares for Malays.

VOA: standard.2010.02.24

The renminbi might well make a fine regional reserve currency, but the global reserve currency system is likely to gravitate towards a combination of gold, dollar, yen, renminbi and perhaps even oil.

FORBES

The only proven alternative to a global financial system without reserve currencies is the international gold standard.

FORBES: What Are Treasuries Really Saying? Nothing About Washington

Although this medicine may have helped cure the problem, it was the emergency rate cuts by the U.S. Federal Reserve in the fall of 1998 that pumped enormous liquidity into the global system and dramatically reduced financial stress in Asia.

FORBES: It's the debt, stupid