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.
因此，人民银行实际上采取爬行钉住汇率制。
As a result, the PBOChas de facto adopted a crawling-peg exchange-rate regime.
因此，人民银行实际上采取爬行钉住汇率制。
As a result, the PBOChas de facto adopted a crawling-peg exchange-rate regime.
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