However, with the more flexible monetary-exchange policy now in place, the impact on Russia's external accounts should not be large.

但是，随着更灵活的汇率政策目前已经到位，对俄罗斯外部账户的影响应该很大。

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。

youdao

On the monetary side, the IMF and Pakistan have agreed to continue 'flexible exchange rate' policy, which means that the State Bank would not intervene in the market to stabilise the rupee.

在金融方面，国际货币基金组织和巴基斯坦已经同意继续'灵活的汇率政策，这意味着国家银行不会干预市场，以稳定卢比。

youdao

On the other hand, using fiscal policy to manage demand can be dangerous because it is less flexible than monetary policy.

ECONOMIST: The economy

But the dilemma is how to make fiscal policy more flexible, in order to take pressure off monetary policy, while still maintaining long-term discipline.

ECONOMIST: Fiscal flexibility | The

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

ECONOMIST: Economics focus: A stitch in time saves nine | The