China establishes a managed floating exchange rate regime based on market demand and supply with reference to a basket of currencies.

中国实施的是以市场供求为基础、参考一篮子货币进行调节、有管理的浮动汇率制度。

youdao

Floating the dollar on international markets resulted in the abandonment of the Bretton Woods system and contributed to exchange rate instability.

国际金融市场的美元浮动机制导致了布雷顿深林体系崩溃及汇率不稳定。

youdao

Five years ago, China unhooked the yuan from its pegged exchange rate with the U.S. dollar and adopted a floating rate with a basket of currencies.

五年前，中国让人民币对美元脱钩，并采用了一种盯住一篮子货币的浮动汇率。

youdao

The three key elements of this policy remained the adoption of a floating exchange rate system, the anchoring of monetary policy to the inflation target and the acceleration of banking sector reforms, he said.

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In developing countries with immature financial markets, a freely floating exchange rate may not be sensible because a small number of foreign-exchange trades can cause big swings in currencies.

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The paradox is that part of the euro's purpose is to re-empower the European electorate by equipping the EU with a currency strong enough to challenge the rule of the tiny group of foreign-exchange dealers who, in a floating exchange-rate regime, can settle the fate of national economic policies.

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