youdao

In the long term, however, the firms' success depends on sustaining reserves.

可是，从长远看来，这些企业的成功之道都取决于持续的储量。

youdao

Old rules of thumb which said that countries should keep enough reserves to cover only short-term foreign debt now look hopelessly out of date.

过去粗浅的经验——国家应该维持足够的外汇储备来应付仅仅是短期的外债——现在看来绝望又过时。

youdao

Short term, they will consider whether they will have to dip into their reserves and longer term, they will calculate whether they have enough generation and transmission.

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That seems reasonable, since the main reason that Thailand's currency, the baht, collapsed two years ago was a high ratio of short-term foreign debt to foreign reserves.

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Governments possessing large cash reserves are now looking to maximize returns long-term and are doing so by divesting chunks of those reserves from their central bank and creating funds known as sovereign wealth funds (SWFs).

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