China, too, risks a loss of macroeconomic control if it continues to peg to the dollar.

面临着宏观经济失控的风险。

youdao

Argentina broke its supposedly irrevocable currency peg to the dollar a few months later.

此后没过几个月，号称同美元汇率挂钩不可改变的阿根廷便破产了。

youdao

Last week, the dollar fell below seven yuan, the lowest since China ended the yuan's peg to the dollar in 2005.

上周，1美元兑换低于7块人民币，是自2005年中国停止人民币紧钉美元之后的最低汇率。

youdao

Argentina broke its supposedly irrevocable currency peg to the dollar a few months later.

ECONOMIST: The euro

China's peg to the dollar has long provided an important anchor for the region.

ECONOMIST: Currency conundrums | The

China's monetary policy must also be guided by the need to maintain the yuan's peg to the dollar.

ECONOMIST: Other reasons to worry