We argued that floating exchange rates would cause less disturbance than the fixed-rate regime.

我们认为，浮动汇率引发的动荡会比固定汇率少。

youdao

One of the most debated issues in international economics concerns the choice ofexchange rate regime and the 'pros' and 'cons' of fixed versus flexible or floating exchange rates.

在国际经济事物中最具争议的问题之一是关于选择多种交换的汇率制度以及优点可缺点混杂的固定与灵活的浮动汇率。

youdao

There are two broad types of exchange rate regimes: the Fixed exchange rate regime and the Flexible (Floating) Exchanges rate regime.

汇率制度可以分为两种类型：固定汇率制度和浮动汇率制度。然而实际上存在着多种不同的中间状态的汇率制度。

youdao

In both countries, the new fixed-exchange-rate regime came to be seen as the end point of the reforms, rather than a prelude to broader structural adjustments.

ECONOMIST: The search for scapegoats | The