China says it will gradually adopt a more flexible exchange rate policy, to keep its economy growing, but the yuan has strengthened only about 2.5 percent in recent months.

中国表示将逐步采取更加有弹性的汇率政策，保持经济增长。但是过去的几个月，人民币仅仅增值了2.5%。

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Policy makers in mid-June said they would allow the yuan to move beyond its narrow band and trade at a more flexible exchange rate.

政策制定者在6月中旬说，他们将允许人民币突破窄幅波动区 间，汇率将更加灵活。

youdao

And a country cannot control its monetary policy unless it accepts a more flexible exchange rate.

一个国家只有采取更具弹性的汇率制度才能控制金融政策。

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But the sooner the public finances are brought under control, the sooner the country can afford a more flexible exchange-rate policy without risking a return to inflation.

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To regain control over its monetary policy, China needs a more flexible exchange rate.

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Moreover, successful monetary union may sometimes require governments that have lost their monetary and exchange-rate flexibility to resort to a more flexible fiscal policy.

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