Exchange rate is one of hinges in financial internationalization, and purchasing power parity (PPP) theory is the basis of exchange rate determination model in monetarism.

汇率问题是我国金融国际化的枢纽之一，而购买力平价理论构成了货币主义汇率决定模型的基础。

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UIP is one of the cornerstones of international finance, constituting an important building block of most important exchange rate determination theories such as the monetary exchange rate model.

联合国际影片公司是一 国际金融的基石，构成了一个重要的 最重要的组成部分汇率决定 理论，如货币汇率模型。

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The theory of exchange rate determination is the foundation of it. There have been many research results in exchange rate determination, including traditional theories and modern monetarist models.

从理论上讲，汇率决定理论是研究汇率波动问题的基础，主要有传统的汇率决定理论和现代货币主义汇率决定模型之分。

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"I think what they will talk about is not the exchange rate per se, but the importance in allowing market determination of exchange rates, " says Baily, who added that it is his opinion that the dollar probably needs to decline by another 15% to 20% in order to make a serious dent in the deficit.

FORBES: Magazine Article

The emerging world's determination to accumulate reserves, especially China's decision to hold down its exchange rate, sent a wash of capital into America.

ECONOMIST: The world economy