
[金融] 浮动汇率
China has introduced a system of floating exchange rate determined by market supply and demand with management since1994.
中国从1994年开始实行由市场供求决定的有管理的浮动汇率制。
On your second question, China adopts a managed floating exchange rate regime, which serves the long-term and fundamental interests of China.
关于第二个问题,中国实施有管理的浮动汇率制度,这一机制符合中国长远和根本的利益。
A currency exchange rate that is allowed to be set completely by market forces, differ from the managed floating exchange rate system regulated by the government or pegged exchange rate system.
指完全由自由市场供求因素决定的货币汇率,与受官方管制的有管理的浮动汇率制度或爬行钉住汇率制不同。
The impact of the fluctuation of the yen's exchange rate on the wholesale prices of Japan since the application of the floating exchange rate has become an issue that is worth studying.
进入浮动汇率以来,日元汇率波动对日本批发物价带来了怎样的影响是一个值得研究的问题。
Actually ,we now have a managed floating exchange rate system,or what many people call a dirty float system .
实际上,我们现在建立了一个受管制的浮动汇率制度,即许多人称之为:受限制的浮动外汇制度“。
It is not surprising, then, that the world saw a return to a floating exchange rate system. Central banks were no longer required to support their own currencies.
世界各国又恢复浮动汇率就不足为奇了。各国中央银行也就无须维持本币的汇价了。
Neither the fixed exchange rate nor the floating exchange rate can replace the perfect macro-economic policies including monetary policies and fiscal policies obviously.
无论在固定汇率还是浮动汇率都不能取代完好的宏观经济政策。这些政策显然包括货币政策和财政政策。
Under floating exchange rate, Chinese enterprises are in an urgent need to measure and control foreign exchange risks.
中国实行浮动汇率制后,企业面临着对外汇风险的度量和控制。
Silver standard is the earliest and sheer floating exchange rate system in the international finance history.
银本位制是国际金融史上最早、最纯粹的浮动汇率制。
He pays close attention to the floating exchange rate of the RMB.
他在密切关注人民币兑美元的浮动汇率。
Based on the reality in China, China will adopt a manageable floating exchange rate system for RMB according to the demands of the market.
从中国实际出发,人民币汇率是要实行面向市场需求的、有管理的浮动汇率制。
It is not surprising, then, that the world saw a return to a floating exchange rate system. Central banks were.
在这种情况下,世界各国又恢复浮动汇率就不足为奇了。各国中央银行也就无须维持本币的汇价了。
If China had had a floating exchange rate - like, say, Canada - this would have led to a rise in the value of its currency, which, in turn, would have slowed the growth of China's exports.
如果中国能像加拿大那样实行浮动汇率制,那中国的货币就会升值,这样又会反过来减缓中国的出口额增长。
Not quite . Actually , we now have a managed floating exchange rate system, or what many people call a dirty float system .
约翰逊:也不完全是这样。实际上,我们现在建立了一个受管制的浮动汇率制度,即许多人称之为:受限制的浮动外汇制度“。
Inflation targeting has been adopted by several countries with floating exchange rate systems , as a way to anchor inflation expectations.
通货膨胀目标制已经被一些实行浮动汇率制的国家所采用,并以此所作为给通货膨胀预期“刹车”的一种方式。
But those are the fundamentals that really determine the exchange rate in a floating exchange rate system.
这是浮动汇率制度下真正决定汇率变化的根本因素。 现在我们再听一遍弗里德曼教授的这段谈话原文。
In practice, peg exchange rate would be attacked by international speculating capital easily, so, it is suitable for the developing countries to adopt floating exchange rate.
实践中 ,钉住汇率制容易受到国际投机资本的冲击 ,所以发展中国家适宜采用有管理的浮动汇率制。
Article32a unitary and well-managed floating exchange rate system based on market supply and demand will be implemented for the exchange rates of renminbi.
第三十二条人民币汇率实行以市场供求为基础的、单一的、有管理的浮动汇率制度。
The disintegration of the Bretton Woods system, resulting in national currencies getting away from the dollar link, and establishing the floating exchange rate system.
布雷顿森林体系的解体,导致各国货币和美元脱钩,并建立了浮动汇率制。
Since then, we switched to the managed floating exchange rate regime, which is based on the supply and demand of market, with reference to a basket of currencies.
改革后汇率形成机制的弹性明显增强,人民币汇率不再盯住单一美元,而是将市场供求和篮子货币变化作为汇率的重要参考指标。
The current exchange rate system is a managed floating exchange rate system based on market supply and demand that has developed since 1994.
现行的汇率机制是一个1994年以来建立在市场供求基础上有管理的浮动汇率体制。
Brazil needs to do something about this: in order to live with the strong currency that comes with success under a free-floating exchange rate, it must raise productivity.
巴西得做如下事情:巴西要容忍强势货币(经济在自由浮动汇率下取得成功,货币会随之走强),亟需提高生产力。
Experience of advanced countries shows, capital control influences operation of floating exchange rate regime through the expectation of speculative capital.
主要先进国家的经验表明,通过国际投机资本预期这一渠道,资本项目管制能深刻影响浮动汇率运行。
Due to the floating exchange rate , the united states is fully staffed.
因为转向浮动汇率,美国实在是一举多得。
Since adopting the free-floating exchange rate, South Korea's government has given up intervening in the foreign exchange market.
自从采取了自由浮动汇率制度后,韩国政府便放弃了对外汇市场的干预。
浮动汇率(floating exchange rate)是一种由外汇市场供需关系决定货币价值的汇率制度。在这种体系下,货币价格会根据国际贸易、资本流动、利率差异和经济政策等因素自由波动,政府或中央银行通常不直接干预市场。例如,若市场对美元需求增加,美元相对其他货币可能升值。
该制度的运作机制包含以下核心特点:
主要影响因素包括:
当前全球超过60%的国家采用浮动或管理浮动汇率制,典型案例包括美元、欧元和日元。世界银行研究指出,这种制度在应对2008年金融危机时展现出更强的抗冲击能力(世界银行2024年全球经济展望)。
浮动汇率(floating exchange rate)是国际金融领域的重要概念,其含义和特点可综合多来源信息解释如下:
浮动汇率指一国货币的汇率完全由外汇市场供需关系决定,政府或中央银行不设定官方汇率,也不进行直接干预。这种制度下,汇率会根据经济基本面、市场预期等因素自由波动,例如美元兑欧元的每日汇率变动。
包括但不限于:
优势 | 劣势 |
---|---|
自动调节国际收支失衡 | 汇率剧烈波动影响贸易 |
保持货币政策独立性 | 增加企业外汇风险 |
减少外汇储备需求 | 可能引发货币投机 |
当前全球约60%的国家采用浮动或半浮动汇率制度(如美元、欧元区),中国则实行有管理的浮动汇率制。若需了解具体国家的汇率政策,可进一步查阅国际货币基金组织(IMF)的官方报告。
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