这一切铺就了通向疯狂泡沫的道路,接着泡沫破灭,随后的几年中出现更多汇率不稳定。
That paved the way for a crazy bubble, followed by a bust, and more currency instability in subsequent years.
由于原油价格波动,同欧洲债务危机相关的风险规避力度增大导致的不确定性不断增强,汇率一直呈现不稳定态势。
The exchange rate has been volatile due to the fluctuations in oil prices and growing uncertainty as a result of higher risk aversion associated with the debt crisis in Europe.
国际金融市场的美元浮动机制导致了布雷顿深林体系崩溃及汇率不稳定。
Floating the dollar on international markets resulted in the abandonment of the Bretton Woods system and contributed to exchange rate instability.
实际上,汇率比弗里德曼预想的更加不稳定。
In fact, exchange rates have been more volatile than Friedman might have expected.
“近期原油价格的波动同汇率不稳定存在联系,”世界银行经济学家、报告核心编写组成员SergeiUlatov说。
"The recent shift in oil prices is reflected in the exchange rate dynamics," said Sergei Ulatov, World Bank economist and member of the core report team.
布雷顿森林体系的创造者认为浮动汇率会极不稳定。
The Bretton Woods founders had believed that floating rates would be dangerously unstable.
汇率过度的不稳定和无秩序的移动对经济的增长是不利的。
Excess volatility and disorderly movements in exchange rates are undesirable for economic growth.
此外,过快的汇率重估和放松对经常项目控制会让中国的经济增长不稳定。
Moreover, rapid exchange-rate revaluation and the relaxation of controls on the capital account could destabilise Chinese growth.
此外,过快的汇率重估和放松对经常项目控制会让中国的经济增长不稳定。
Moreover, rapid exchange-rate revaluation and the relaxation of controls on the capital account could destabilise Chinese growth.
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