For a big country, when the international emergency occurs, if the need to provide the country rely on international currency liquidity support, in terms of which the country is very passive.

对于大国而言，当发生国际突发事件时，如果需要依靠国际货币发行国提供流动性支持，这对该国而言是很被动的。

youdao

South Korea's finance ministry held emergency meetings with the country's central bank and other entities to discuss the plunge in value of the country's key stock indexes and its currency, the won.

韩国财政部和中央银行以及其他机构召开紧急会议，讨论韩国主要股票指数和韩元大幅下跌的问题。

youdao

South Korea and Japan, which are also squabbling over an island, decided not to renew an emergency currency-swap facility.

ECONOMIST: Business this week

At the same time, serious consideration should be given to creation of a Contingency Energy Fund (CEF) that could be drawn upon (like the emergency currency stabilization package and food aid being offered by Western nations).

CENTERFORSECURITYPOLICY: Center For Security Policy

And in the event of a financial emergency a currency board has less freedom than a central bank to act as lender of last resort, because the board cannot boost the money supply to aid troubled banks.

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