In the background of globalization, the float exchange rate system will return to the fixed one,...

全球化背景下浮动汇率制将以货币联盟的形式向固定汇率制复归。

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In the background of globalization, the float exchange rate system will return to the fixed one, in the form of currency unions.

全球化背景下浮动汇率制将以货币联盟的形式向固定汇率制复归。

youdao

In recent years many emerging economies have shifted from exchange-rate pegs to a "managed float".

近些年来，新兴经济体们已经从汇率紧盯政策转向可控浮动。

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The economic slowdown has led to calls to float the exchange rate.

ECONOMIST: El Salvador

Iran's exchange rate, set by a managed float, makes exporting difficult.

ECONOMIST: Stunted and distorted | The