A lesson from that time is that when the foreign-exchange markets are far keener on one currency than another, even the stoutest official defence of a peg between the two can be broken.
我们从中吸取的教训是,在外汇市场上当一国货币比其他货币更吃香时,即使是最坚不可摧的官方保护都无法挽救即将汇率失衡的局面。
The trade surplus pours a steady stream of foreign-currency export earnings into China, funds the central bank buys up in exchange for local currency and holds in its official reserves.
贸易顺差给中国带来了稳定的外汇出口收益,给中国央行提供了收购资金以交换本币并维持官方储备。
Exchange control means official control in the foreign exchange dealings of a country.
外汇管制指的是一国的外汇交易受到官方的管理。
Exchange control means official control in the foreign exchange dealings of a country.
外汇管制是指一个国家对外汇交易进行的官方管制。
Such transfer shall be effected promptly on the basis of official exchange rates or where there are no official exchange rates, at the prevailing foreign exchange market rates for current payment.
此种汇出应在正式比价的基础上,或在没有正式比价时按当时支付的有效外汇市场比价迅速办理。
The trade surplus pours a steady stream of foreign-currency export earnings into China, funds which the central bank buys up in exchange for local currency and holds in its official reserves.
贸易顺差注入源源不断的外汇进入中国的出口收入,资金中央银行购买行动,以换取当地货币,并拥有在其官方储备。
"There is no change in our stance that we'll take decisive steps on foreign exchange when necessary," the official told reporters.
“我们的立场没有变化,我们将采取决定性的手段在外汇需要时”官员告诉记者。
In recent months, however, official inflows - largely reflecting foreign exchange market interventions by many Asian central Banks - have increased substantially.
但是,在最近几个月里,官方的流入量——大部分反映出许多亚洲中央银行对外汇市场进行干预——已经显著地增加了。
In recent months, however, official inflows - largely reflecting foreign exchange market interventions by many Asian central Banks - have increased substantially.
但是,在最近几个月里,官方的流入量——大部分反映出许多亚洲中央银行对外汇市场进行干预——已经显著地增加了。
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