In order to keep the currency convertible, they had to keep interest rates high to prevent people from demanding to exchange the gold.

为了保持货币的转换性，他们不得不将利率提高，以防人们向他们索求金子的兑换。

youdao

In order to keep the currency convertible they had to keep interest rates high to prevent people from demanding the gold.

为了保持货币的转换性，他们不得不将利率提高，以防人们向他们索求金子的兑换。

youdao

In order to keep the currency convertible they had to keep interest rates high to prevent people from demanding the gold.

为了保持货币的转换性,他们不得不将利率提高,以防人们向他们索求金子的兑换。

耶鲁公开课 - 金融市场课程节选

For instance, Intel just recently issued non-convertible debt for the first time in nearly 25 years in order to repurchase stock and take advantage of the opportunity to capture value for shareholders.

FORBES: Investor Illusions