那一天,泰国为抵抗针对汇率的投机性的攻击,耗尽了自己的外汇储备。
On that day Thailand ran out of foreign-exchange reserves trying to defend its currency from a huge speculative attack.
既然1992年英格兰银行可以为保卫英镑耗尽其外汇储备,那么瑞士也可以无限制印刷法郎。
whereas the Bank of England had to deplete its foreign-exchange reserves defending the pound in 1992, the Swiss can create francs without limit.
持续的国际收支逆差会耗尽一国的外汇储备,迫使其货币贬值。
A persistent balance-of-payments deficit can lead to a depletion of a country's reserves of foreign currency, forcing it to devalue its currency.
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