That encourages exports and depresses spending at home. The result is a high level of net national saving, much of which ends up in central banks’ foreign-exchange reserves.
这就鼓励了出口并削减了本国的消费，同时导致国家储蓄净额升上高位，其中许多部分成为了央行的外汇储备。
Their docile banking systems, high saving rates and hoards of foreign exchange shielded them from the worst of the financial chaos.
它们温顺的银行体系，高储蓄率与囤积的外汇储备构成了抵挡金融海啸最猛烈一击的盾牌。
节省外汇。
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