所谓汇率错位 (exchange rate misalignment) 是指实际汇率水平偏离了长期均衡水平, 表现为汇率的升值 或贬值压力。
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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。
While the mismatch level of RMB real exchange rate brings dramatic negative effect on Sino-US export trade.
汇率错位是汇率走势偏离基本经济要素的一种不合理变化的现象。
The exchange rate dislocation is a phenomenon which the exchange rate trend deviates basic economical essential factors and exchange rate changes unreasonably.
通过建立误差修正模型发现:人民币汇率错位自修正机制存在,但功能较弱。
By the error - correction model, the study shows: there exists the malposition error - correction organism of RMB 's rate of exchange, but it functions weakly.
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