Some economists, however, believe that China should welcome higher inflation as a more effective way to rebalance its economy than a currency appreciation.

不过，一些经济学家认为，中国应该欢迎较高的通胀率，它可以比货币升值更有效地使中国经济实现再平衡。

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The real effective exchange rate is the weighted average of a country's currency relative to a basket of other major currencies adjusted for the effects of inflation.

实际有效汇率是指剔除通货膨胀的影响，一国货币与一篮子其他主要货币的加权平均值。

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A more effective way to curb inflation would be to allow the Chinese currency to rise faster.

抑制通胀更为有效的途径是允许中国货币的加速升值。

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Myanmar said it would float its currency, effective Sunday, a long-sought policy change that is expected to make the resource-rich Southeast Asian country more inviting to foreign investors following decades of pariah-nation status.

WSJ: Myanmar Announces Currency Reform

Foreign-exchange intervention to lower a currency is far more effective than intervention to support one.

ECONOMIST: The yen

But we've seen the kind of behind-the-scenes discussions and negotiations have been very effective in encouraging China to strengthen their currency.

WHITEHOUSE: Briefing by Deputy Press Secretary Josh Earnest