世界又恢复到浮动汇率制度。
实行有管理的浮动汇率制度是中国既定政策。
It is China's policy to establish a managed floating exchange rate regime.
在管理浮动汇率制度下，汇率波动一直相当剧烈。
Under the managed floating exchange rate regime, exchange rates always fluctuate acutely.
而鉴于这些国家施行浮动汇率制度，结果就造成了真实货币升值。
And to the extent that these countries have floating exchange rates, the result is real appreciation.
环境管理体系既不是一个完美的浮动汇率制度，也不是完全固定的系统。
The EMS is neither a perfect floating regime nor is the system wholly fixed.
我们一直按照主动性、可控性、渐进性原则稳步实施有管理的浮动汇率制度。
We have been following a managed floating exchange rate regime in accordance with the principle of independent initiative, controllability and gradualism.
第二十七条人民币汇率实行以市场供求为基础的、有管理的浮动汇率制度。
Article27the managed floating exchange rate system based on market supply and demand is adopted for renminbi exchange rate.
第三十三条人民币汇率实行以市场供求基础的、一的、管理的浮动汇率制度。
Article33the exchange rate for renminbi is a single managed floating exchange rate based on market demand and supply.
基本上浮动汇率制度下，供求规律决定一个国家的货币的价值，在任何一天。
Basically under floating regime, the law of supply and demand dictate the value of a country's currency on any given day.
第三十三条人民币汇率实行以市场供求基础的、单一的、有管理的浮动汇率制度。
Article 33 The exchange rate for Renminbi is a single, managed floating exchange rate based on market demand and supply.
从政策选择角度看，有市场进入限制的管理浮动汇率制度不是一个纳什均衡结果。
Strategic behavior of policy selection shows that the managed floating exchange rate regime with market entering restriction could not become a Nash equilibrium.
第三十三条人民币汇率实行以市场供求基础的、单一的、有管理的浮动汇率制度。
It was decided at that time that we would adopt a market-based, single, regulated floating exchange rate regime.
中国实施的是以市场供求为基础、参考一篮子货币进行调节、有管理的浮动汇率制度。
China establishes a managed floating exchange rate regime based on market demand and supply with reference to a basket of currencies.
在1973年初，大多数主要国家的货币开始使用的浮动汇率制度，布雷顿森林体系。
In early 1973, most currencies of major countries started to use floating exchange rate system, Bretton Wood system is over.
关于第二个问题，中国实施有管理的浮动汇率制度，这一机制符合中国长远和根本的利益。
On your second question, China adopts a managed floating exchange rate regime, which serves the long-term and fundamental interests of China.
第三十二条人民币汇率实行以市场供求为根蒂根基的、单一的、有管理的浮动汇率制度。
Article 32 a unitary and well-managed floating exchange rate system based on market supply and demand will be implemented for the exchange rates of Renminbi.
因此，当前我国中短期宜采用人民币汇率目标区制度，长期应实行人民币浮动汇率制度。
Therefore, China should give up RMB pegging exchange rate system at present, carry out RMB exchange rate target zone system in the mid and short term and practice RMB floating exchange rate...
全球汇率体制的周期往往很长，固定汇率制度和浮动汇率制度以令人惊讶的规律性互相交替。
Global currency regimes tend to come and go in long cycles, with fixed-rate and floating-rate regimes following each other with a surprising degree of regularity.
关于人民币汇率问题，我们多次表明，中方实行有管理的浮动汇率制度，这是我们的既定政策。
We have manifested on many occasions that it is our established policy of implementing a managed floating RMB exchange rate regime.
在浮动汇率制度，在市场价钱（汇率值）降落的一种货币称为该货币贬值，一个崛起是赞扬。
Under the floating-rate system a fall in the market price (the exchange rate value ) of a currency is called a depreciation of that currency ; a rise is an appreciation .
他们认为，浮动汇率制度下名义汇率和实际汇率的频繁波动将不可避免地导致国际贸易量的减少。
They believe that the frequent fluctuation of nominal and real exchange rates under the floating exchange rate regime will inevitably lead to the reduction in the volume of international trade.
二十世纪七十年代，浮动汇率制度取代了固定汇率制度，金融市场陷入了由市场供求决定的波动局面。
In the 1970s, the Flexible Exchange Rate took the place of the Fixed Exchange Rate. Financial market has been controlled by the Quantity Supplied and Quantity Demanded of the market since then.
世界汇率制度的历史告诉我们，世界各地的社区(在多数)事实上已经从固定汇率制转向浮动汇率制度。
The history of world exchange rate systems shows us that the world community (in its majority) has in fact shifted from the system of fixed exchange rates to floating exchange rate system.
人民币有管理浮动汇率制度在1999年IMF对各国汇率制度重新评估时被界定为严格盯住汇率制度。
In 1999 IMF reassessed all countries' exchange rate regime and the renminbi was defined as pegged exchange rate system.
7月21日，央行宣布开始实行以市场供求为基础、参考一篮子货币进行调节、有管理的浮动汇率制度。
On July 21, the Central Bank announced the implementation of controlled foreign exchange rate system, based on market supply and demand, regulated through a basket of foreign currencies.
外汇储备的规模表明了一个显而易见的事实：这些国家拒绝实行许多外部经济学家建议的自由浮动汇率制度。
The scale of the reserve accumulation demonstrates the obvious: these countries have refused to adopt the freely floating exchange rates many outside economists recommended.
指完全由自由市场供求因素决定的货币汇率，与受官方管制的有管理的浮动汇率制度或爬行钉住汇率制不同。
A currency exchange rate that is allowed to be set completely by market forces, differ from the managed floating exchange rate system regulated by the government or pegged exchange rate system.
自2005年我国实行人民币的浮动汇率制度以来，人民币的不断升值与波动使他们正面临着前所未有的挑战。
Since China has adopted RMB floating exchange rate regime in 2005, the continued appreciation and volatility of RMB make them face unprecedented challenges.
自2005年我国实行人民币的浮动汇率制度以来，人民币的不断升值与波动使他们正面临着前所未有的挑战。
Since China has adopted RMB floating exchange rate regime in 2005, the continued appreciation and volatility of RMB make them face unprecedented challenges.
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