And a country cannot control its monetary policy unless it accepts a more flexible exchange rate.
一个国家只有采取更具弹性的汇率制度才能控制金融政策。
Changes in the existing exchange-rate policy could lead to explosive speculative capital inflows, which would make it harder for the central bank to control money supply, argues the report.
报告称，现行汇率政策的变化可能导致大量投机性资本涌入，这将使得央行调控货币供应更加困难。
Of course not. Each country has its own exchange control laws and policy.
当然不是。每个国家都有各自的外汇管制法律与规章。
To release exchange control by a big margin or to adjust monetary and financial policy for balance of payments equilibrium m…
如果为平衡国际收支而大幅放松外汇管理或调整货币金融和财政政策，其对经济的负面影响可能比调整人民币汇率更大。
To release exchange control by a big margin or to adjust monetary and financial policy for balance of payments equilibrium m…
如果为平衡国际收支而大幅放松外汇管理或调整货币金融和财政政策，其对经济的负面影响可能比调整人民币汇率更大。
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