并非所有“新”贷款都是新的，一些贷款来自于外币贷款转换而来的当地货币贷款(为了减少外汇风险)。

Not all of the "new" debt was actually new; some represented a move out of foreign-currency loans and into local-currency borrowing (in order to reduce foreign-currency risk).

youdao

亚洲作为这次危机被波及的地区正深受其害，面临着出口下降、就业减少、外汇储备风险加大等威胁。

Asia is being impacted profoundly as the region is affected by the sprawling crisis, challenged by decrease of export, decline in employment, and rising risks in forex reserves.

youdao

亚洲作为这次危机被波及的地区正深受其害，面临着出口下降、就业减少、外汇储备风险加大等威胁。

Asia is being impacted profoundly as the region is affected by the sprawling crisis, challenged by decrease of export, decline in employment, and rising risks in forex reserves.

youdao