And even those with more flexible exchange rates worry that higher interest rates will send their currencies soaring.

甚至那些有着灵活的汇率制度的国家也担心，更高的利率会让他们的货币飙升。

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For those emerging countries with largely market-determined currencies, such as Brazil and India, China's yuan peg has increased the burden on their economies by pushing their exchange rates higher.

对于巴西和印度等主要由市场决定汇率的新兴国家来说，中国让人民币与美元挂钩推高了它们的汇率，给它们的经济体增加了负担。

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This is how we value our currency, and against all other currencies exchange rates are freely floating.

这是我们选择的确认自己的币值的方法，与所有其它外币的汇率是自由浮动的。

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One last thought: Although the Roach-Frankel duo went on to address currencies and exchange rates, the two never got to a basic risk factor in the current fragile period: What if the U.S. dollar, under the weight of private and public misallocation of resources, were to collapse?

FORBES: Deficits hinder investment? 'Ludicrous'

Rates and Currencies revenues also declined, as growth in Local Markets, which includes rates and foreign exchange trading primarily in emerging markets, was more than offset by lower G10 Rates trading revenues.

FORBES: Citi Shares Could Swirl Down The Drain As Fixed-Income Revenue Withers

Rates and currencies revenues also declined, as growth in local markets, which primarily includes rates and foreign exchange trading in emerging markets, was more than offset by lower G10 trading revenues.

FORBES: Citi Shares Could Swirl Down The Drain As Fixed-Income Revenue Withers