This week, the stricken pound tumbled to a new record low against the euro, and is rapidly heading towards parity with the currency.

本周，遭受重创的英镑与欧元的比价跌至一个新的最低记录，并迅速的直接导致现金遭受同样的现实。

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He says the Aussie currency could reach near parity with the U.S. dollar by the end of 2010.

他说，到2010年底时，澳元有可能接近与美元平盘的水平。

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Here you can see how the gold standard system can expand and shrink the money supply as appropriate, as part of the mechanism that maintains the value of the currency at its parity rate.

FORBES: The Gold Standard, and the Myth About Money Growth

After three years of lagging, Europe's 12-nation common currency, the euro, is at parity with the dollar.

FORBES: Magazine Article

Argentina, Latin America's fastest-growing economy last year, has the most rigid exchange-rate system of all, with a currency board that fixes by law the value of the peso at parity with the dollar, and thus limits the money supply to the level of foreign currency reserves.

ECONOMIST: Latin America seeks shelter