在很多调整平衡的情况下，低估的汇率还会导致货币供应过度增长，增加平抑通货膨胀的难度。

In many cases of past rebalancing, an undervalued exchange rate also led to excessive growth in money supply, making it harder to tame inflation.

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我们重申，汇率的过度波动和无序调整会影响经济和金融稳定。

We reiterate that excess volatility and disorderly movements in exchange rates can have adverse implications for economic and financial stability.

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