外汇储备的规模表明了一个显而易见的事实:这些国家拒绝实行许多外部经济学家建议的自由浮动汇率制度。
The scale of the reserve accumulation demonstrates the obvious: these countries have refused to adopt the freely floating exchange rates many outside economists recommended.
世界汇率制度的历史告诉我们,世界各地的社区(在多数)事实上已经从固定汇率制转向浮动汇率制度。
The history of world exchange rate systems shows us that the world community (in its majority) has in fact shifted from the system of fixed exchange rates to floating exchange rate system.
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