Especially 2007 later, RMB real exchange rate has a little overvalued.
特别是2007年以来，人民币实际汇率有轻微高估趋势。
The differences between PPP and real exchange rates can be significant.
在PPP和真实的外汇汇率之间的差异可能是显著的。
From 1994 on, RMB real exchange rate is mainly in a state of undervalued.
自1994年以来，人民币较多的处于低估状态。
As countries get richer and their productivity rises, their real exchange rates appreciate.
随着国家变得富裕，生产力水平提高，实际汇率也会水涨船高。
The real exchange rate takes account of price movements in both the United States and China.
这是因为实际汇率把两国之间的相对物价波动也计算在内。
Two weeks ago, we unveiled a measure of the Chinese real exchange rate based on unit labour costs.
我们两周前发表报道，建立在单位劳工成本基础上对中国实际汇率进行了衡量。
The real exchange rate was significantly increased with assurance that the new level would be maintained.
由于对维护新的汇率水平很有把握，实际汇率大大提高了。
While the mismatch level of RMB real exchange rate brings dramatic negative effect on Sino-US export trade.
而实际汇率错位水平对中美出口贸易则产生了显著的负向影响。
It would be more efficient to implement policies that would change the equilibrium real exchange rate itself.
实施改变均衡实际汇率本身的政策可能会更为有效。
That depends on the size of a country’s economy, its growth rate and the appreciation of its real exchange rate.
这取决于一个国家的经济（规模）、增长率以及实际汇率的升值情况。
But my editor makes the point that my post on the subject takes a decidedly bilateral view of real exchange rates.
但主编认为我的帖子对实际汇率显然是持的双边观点。
The implication of this policy is clear: adjustments in real exchange rates should occur via falling US domestic prices.
这一政策表达出一种清晰的含意：实际汇率的调整，应该经由美国国内物价的下跌来实现。
A devaluation leads to a real depreciation in the short run but has no effect on the real exchange rate in the long run.
贬值导致了短期内真实的跌价，但是它对长期实际汇率并无影响。
The short-term effect is an appreciation of real exchange rates and soaring current account deficits in destination countries.
其短期影响是，目的国实际汇率上升，经常账户赤字大幅增长。
Is there a way of achieving the effects of a fall in the real exchange rate without going to the extremes of ditching the euro?
如果不采取抛弃欧元的极端手段，有没有一种方式能达到实际兑换率下降的效果呢？
Moreover, decisions about exchange rate policy should take into account the interlink between FDI and the real exchange rate.
此外也告诉我们，汇率政策的决定也应考虑到二者之间的相互联系。
IMF: But your real exchange rate has barely strengthened since the late 1990s, despite all the progress you've made since then.
IMF：尽管90年代后期你取得了巨大成就，但你的实际汇率自此几乎没有巩固。
Capital inflows from abroad and sharp increases in the world prices of key exports also cause the real exchange rate to appreciate.
资本从国外流入以及主要出口品的国际价格猛烈上升，也造成实际汇率提高。
In adjusting current accounts, what matters is the real exchange rate (which takes account of relative inflation rates at home and abroad).
在调整经常账户方面，实际汇率的调整才是最重要的(因为实际汇率将国内外的相对通胀率都考虑进去了)。
But China's real exchange rate with America has strengthened by almost 50% since2005, according to calculations by the Economist (see chart).
但是，根据经济学人的计算(见图表)，自2005年以来，中国对美国的实际汇率已经上升了大约50%。
Discussing the near reality situation imperfect capital mobility, we find that there is no relationship between capital and real exchange rate.
然后又分析更贴近实际的情况，在资本不完全流动情况下资本流动与实际汇率无关的结果。
The third is how to reconstruct the exchange rate system if it exists the misalignment of real exchange rate and real equilibrium exchange rate.
第三，一旦实际汇率与实际均衡汇率错配，将如何进行制度重构与政策修正。
In addition, the RMB against G-3 currencies real exchange rate also exist the significant correlation with the exports of agricultural products.
此外，人民币兑g - 3货币的实际汇率与我国农产品出口额之间也存在着显著的相关关系。
Once that is done, the three economists show that a reconstituted index is good at predicting real exchange rates over horizons of a year or more.
只要修正这一偏差，三位经济学家显示，改进的巨无霸指数就可以很好地在年及年以上时间单位上预测汇率走势。
This paper introduces threshold nonlinearity into RMB to investigate the relationship between real exchange rate and real interest differentials.
本文将非线形的实际汇率运动引入我国的实际汇率与实际利差两者相互关系的研究中。
Discusses the consulting organization's expectation value, user's expectation value and the real exchange price of information consulting service.
对咨询服务价格的咨询机构期望值、用户期望值和实际交换价格进行讨论。
The UK must now shift to an economy with lower real house prices, higher savings, a smaller current account deficit and a weaker real exchange rate.
英国经济现在必须转向更低的实际房地产价格、更高的储蓄、更小的经常账户赤字，以及更加疲软的汇率。
The undervalued of RMB exchange rate will promote China's economic growth, while the overvalued of RMB real exchange rate will hinder China's economic growth.
人民币实际汇率低估促进中国经济增长，而人民币实际汇率高估则将阻碍中国经济增长。
Over the past 37 years, sterling's real exchange rate was as high as a year ago only in early 2004, between mid-1997 and mid-2000 and from mid-1980 to mid-1981.
在过去的37年中，英镑的实际汇率只在2004年初、1997年中至2000年中，以及从1980年中至1981年中到达过这一高度。
Over the past 37 years, sterling's real exchange rate was as high as a year ago only in early 2004, between mid-1997 and mid-2000 and from mid-1980 to mid-1981.
在过去的37年中，英镑的实际汇率只在2004年初、1997年中至2000年中，以及从1980年中至1981年中到达过这一高度。
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