但是汇率工具用得过头，其结果是伤害本国的出口竞争力。
But exchange rates can overshoot, with consequences for the competitiveness of a country's exports.
把注意力完全集中在汇率上面，似乎是基于以下假设：它是盈余的主要根源，也是消除盈余的主要政策工具。
The singular focus on the exchange rate appears based on the assumption that it is the key cause of the surplus and the main policy instrument for removing it.
最有效的政策工具是汇率。
与此同时，美元对各主要货币汇率大幅下跌，使商品期货作为一种对冲美刀风险的工具，具有更多吸引力。
Meanwhile, the dollar fell considerably against other major currencies, making commodities all the more attractive as a hedge against the weaker greenback.
我们计算实际汇率采用了一种我们会经常更新的办法，这种方法提供了一个更为直接的衡量竞争力的方式，即，通过关注单位劳动力成本的方式来衡量：每一单位劳动工具下劳动力的价格。
Our measure of the real exchange rate, which we will regularly update,offers a more direct measure of competitiveness by looking instead at unitlabour costs: the price of labour per widget.
中国央行在声明中承认，汇率调整“对解决对外失衡”有一定作用，但只是一系列同等重要的政策工具中的一个。
In its statement, the PBoC acknowledged exchange rates could help "ease external imbalances", but only as part of a much broader set of equally important policy tools.
目前存在的不同组合的浮动和固定汇率制度，创造了特定的经济工具进行汇率调整。
Currently there exist different combinations of floating and fixed exchange rate systems, together with specific economical instruments, created for exchange rate regulating.
包括各种权证在内，还存在着各种衍生的金融工具合约，它们与未来某天的证券价格、利率或汇率保持着某种联系。
As well as claims there are also derivative instruments-contracts relating to the prices of securities, interest rates or foreign exchange rates at some date in the future.
利用技术或金融工具帮助企业减少汇率变动带来的风险。
The use of techniques or financial instruments to reduce a company's existing exposure to foreign currency movements.
评价衍生工具管理汇率风险的作用？
Evaluate the usefulness of derivative instruments for managing exchange rate risk?
不同的信用工具有不同的汇率，即电汇汇率、信汇汇率和票汇汇率。
The price of one currency in terms of another is called rate of exchange or exchange rate.
目前，金融性对冲是我国企业主要使用的汇率避险工具。
At present, financial hedges are the main tool used by China's enterprises to avoid exchange rate risk.
而外汇汇率作为国家政策工具，对出口贸易有极大的调节作用。
And the foreign exchange rate serves as a state policy tool exert a significant impact of the adjustment on the export trade.
目前国际上防范汇率风险的主要工具有远期外汇买卖、外汇期权、外汇期货和货币互换等。
The tools of risk management in the international market usually include forward contract, futures, options and swap.
人民币汇率作为中国宏观经济的重要变量，也是经济良好运行的主要工具。
China's RMB exchange rate as an important macroeconomic variable, it is also economically sound operation of the major tools.
外汇报价：包含主要货幤汇率报价，为追踪资金流向理想工具。
Foreign exchange rate: include major currencies exchange rate which is great tool for track down capital movements.
目前国际上流行的汇率对冲工具有外汇远期合同、掉期和外汇期货。
Foreign Forward, foreign Swap and foreign Futures are the most popular financial instruments of managing foreign exchange rate risk.
外汇衍生工具作为规避汇率风险进行投机保值的工具，具有高风险性，其基本风险有市场风险、信用风险、流动性风险、营运风险和法律风险。
As a valuable tool of avoiding exchange-rate risk and guaranteeing price congenially, the FX Derivatives have market risk, credibility risk, liquidity risk, management risk and legal risk.
论文分为三部份，第一部份是研究汇率机制及收集衍生工具在市场运作资料；
The first topic talks about the movements of exchange rates and the operation of financial instruments in the market.
我国不少跨国公司开始使用外汇衍生工具来对冲人民币波动带来的汇率风险。
Many Chinese MNCs use foreign currency derivatives to hedge exchange rate risk, however, the relationship between the hedging and firm value has not been examined empirically.
不同的信用工具有不同的汇率，即电汇汇率。 即期交易按即期汇率交割，远期交易按远期汇率交割。
There are different rates for the different exchange instruments, The rates at which the banks sell foreign exchange (selling rates) are higher than the rates at which they buy (buying rates).
不同的信用工具有不同的汇率，即电汇汇率、信汇汇率和票汇汇率。票汇汇率又分为即期票汇汇率和远期（30天）票汇汇率等。
There are different rates for the different exchange instruments: the rate for T/Ts or cable rate, the rate for cheques and sight drafts (demand rate), the rate for 30-day bills, etc.
与第三章不同的是，本章重点探讨如何利用汇率保值工具和结构性金融产品，对冲人民币汇率波动风险，锁定利润。
The difference is that this part focuses on how to use tools like structural financial products and hedge fluctuations to preserve risk and increase profit.
简介：多功能工具箱包含12款工具：尺子、量角器、汇率转换、秒表、水平仪、重垂线、单位换算、灯光、我的位置、衣服尺码、健康查询以及鞋码。
Introduction: This useful toolbox contains 12 tools: Ruler, Angle Protractor, Exchange Rate, Stopwatch, Level, Plumb, Unit Converter, Light, My Position, Clothing Size, Body Mass Index, and Shoe Size.
我国人民币汇率仍然是一个封闭的，并没有一个可靠的工具，财富储存。
The Chinese renminbi remains a closed currency and is not yet a credible vehicle for wealth storage.
衍生金融工具的使用具有“双刃剑”的作用，一方面它可以帮助企业规避国际市场中的价格、利率或汇率风险；
The use of derivatives is just like a double-edged sword. On one part, it is supposed to avoid the risk of price, exchange rate, interest in the international market.
衍生金融工具的使用具有“双刃剑”的作用，一方面它可以帮助企业规避国际市场中的价格、利率或汇率风险；
The use of derivatives is just like a double-edged sword. On one part, it is supposed to avoid the risk of price, exchange rate, interest in the international market.
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