But a floating-rate system is not a free lunch either.
但是，浮动汇率体系并不是免费的午餐。
The target of the reform of interest rate system is marketization.
我国利率体制改革的目标是实现利率市场化。
We adopt a floating rate system.
我们采用浮动汇率制。
Yes. We adopt a floating rate system.
是的。我们采用浮动汇率制。
Fifth, China's exchange rate system will be challenged.
第五，中国的汇率制度会受到挑战。
The world saw a return to a floating exchange rate system.
世界又恢复到浮动汇率制度。
This paper presents introduction of the target zone exchange rate system.
本文介绍汇率目标区的基本模型。
The new exchange rate system was started with a profound historical background.
新的汇率制度的产生，有着深刻的历史背景。
The choice of exchange rate system directly influences the effect of macro economic policies.
汇率制度的选择直接影响一国宏观经济政策的效力。
Increasingly frequent economic cr ises require the coming of new international exchange rate system.
日益频繁的经济危机呼唤着新的国际汇率体系的到来。
Increasingly frequent economic cr ises require the coming of new international exchange rate system.
日益频繁的经济危机呼唤着新的国际汇率体系的到来。
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