央行的中文版原文是：使人民币汇率在合理均衡的水平上保持基本稳定。
Keep the RMB exchange rate basically stable at an adaptive and equilibrium level.
完善人民币汇率形成机制，保持人民币汇率在合理均衡水平上的基本稳定。
We will improve the RMB exchange rate regime, and keep the RMB exchange rate basically stable at an appropriate and balanced level.
继续完善人民币汇率形成机制，保持人民币汇率在合理、均衡水平上的基本稳定。
We will continue to improve the mechanism for setting the renminbi exchange rate and keep it basically stable at an appropriate and balanced level.
保持人民币汇率在合理均衡水平上的基本稳定，扩大汇率双向浮动区间，推进人民币资本项目可兑换。
We will keep the renminbi exchange rate basically stable at an appropriate, balanced level, expand its floating range, and move toward renminbi convertibility under capital accounts.
人民币的币值没有低估，中国将保持人民币汇率在合理均衡水平上的基本稳定。
Chinese yuan is not undervalued and China will keep the yuan's exchange rate basically stable at a reasonable and balanced level.
人民币汇率不存在持续贬值的基础，将在合理均衡的水平上保持基本稳定。
There is no basis for continued depreciation of the RMB exchange rate. It will stay basically stable on an adaptable and equilibrium level.
我们将继续保持人民币汇率在合理均衡水平上的基本稳定，稳步实现人民币资本项下可兑换。
We will continue to keep the RMB basically stable at an adaptive and equilibrium level, and gradually make the RMB convertible under the capital account.
新的人民币汇率形成机制下，央行继续维护人民币汇率在合理均衡水平上的基本稳定。
Central bank will continue to maintain the RMB exchange rate to be stable on the equilibrium basis under the new RMB rate forming mechanism.
第二节讨论了早期的均衡汇率理论、基本济要素均衡汇率理论（FEER）和行为均衡汇率理论（BEER）。
Sector two introduces Nurkse equilibrium exchange rate which includes early equilibrium exchange rate, foundational equilibrium exchange rate(FEER)and behavioral equilibrium exchange rate(BEER).
第二节讨论了早期的均衡汇率理论、基本济要素均衡汇率理论（FEER）和行为均衡汇率理论（BEER）。
Sector two introduces Nurkse equilibrium exchange rate which includes early equilibrium exchange rate, foundational equilibrium exchange rate(FEER)and behavioral equilibrium exchange rate(BEER).
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