But because its funds will not be denominated in Chinese currency, it will also have to compensate for the appreciation of the yuan, which Mr Qu expects to be 3-5% a year.

而且由于其基金不会以人民币记价，它也将需要补偿人民币升值的影响。屈宏斌预计人民币每年将升值3 - 5%。

youdao

This would be particularly true if the Los Angeles peso had a poor history of currency decline, and thus the interest rates on L.A. peso-denominated debt was very high, compared to U.

假如更不幸的是，洛杉矶比索在历史上一再贬值，而以它计价的债务的利率与美元债务比较而言将非常高，上述结果就会确定无疑。

youdao

This would be particularly true if the Los Angeles peso had a poor history of currency decline, and thus the interest rates on L.A. peso-denominated debt was very high, compared to U.S. dollar debt.

假如更不幸的是，洛杉矶比索在历史上一再贬值，而以它计价的债务的利率与美元债务比较而言将非常高，上述结果就会确定无疑。

youdao

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