As of August, the latest data available, the BIS index of the dollar's effective exchange rate was less than 92, or roughly 8% below what some might consider fair, or equilibrium, value.
最近一份数据显示，8月份时BIS的美元实际有效汇率指数不足92，较指数均衡价值低了8%左右。
The exchange rate that leaves a Big Mac costing the same in dollars everywhere is our fair-value yardstick.
使世界各地巨无霸的售价都统一折算成相同美元数的汇率是我们的公平价值尺度。
The exchange rate that leaves a Big Mac costing the same in dollars everywhere is our fair-value benchmark.
在世界各地，用来将当地巨无霸价格转换成美元价格的汇率就是我们公允价值的基准。
To guard against this, the authors added to their model a measure of how far the exchange rate has shifted from its fair value.
为了避免这个，作者添加了他们对多长时间汇率会从公平价值中改变的模型标准。
To guard against this, the authors added to their model a measure of how far the exchange rate has shifted from its fair value.
为了避免这个，作者添加了他们对多长时间汇率会从公平价值中改变的模型标准。
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