
[金融] 浮動彙率
China has introduced a system of floating exchange rate determined by market supply and demand with management since1994.
中國從1994年開始實行由市場供求決定的有管理的浮動彙率制。
On your second question, China adopts a managed floating exchange rate regime, which serves the long-term and fundamental interests of China.
關于第二個問題,中國實施有管理的浮動彙率制度,這一機制符合中國長遠和根本的利益。
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.
指完全由自由市場供求因素決定的貨币彙率,與受官方管制的有管理的浮動彙率制度或爬行釘住彙率制不同。
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.
進入浮動彙率以來,日元彙率波動對日本批發物價帶來了怎樣的影響是一個值得研究的問題。
Actually ,we now have a managed floating exchange rate system,or what many people call a dirty float system .
實際上,我們現在建立了一個受管制的浮動彙率制度,即許多人稱之為:受限制的浮動外彙制度“。
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.
世界各國又恢複浮動彙率就不足為奇了。各國中央銀行也就無須維持本币的彙價了。
Neither the fixed exchange rate nor the floating exchange rate can replace the perfect macro-economic policies including monetary policies and fiscal policies obviously.
無論在固定彙率還是浮動彙率都不能取代完好的宏觀經濟政策。這些政策顯然包括貨币政策和財政政策。
Under floating exchange rate, Chinese enterprises are in an urgent need to measure and control foreign exchange risks.
中國實行浮動彙率制後,企業面臨着對外彙風險的度量和控制。
Silver standard is the earliest and sheer floating exchange rate system in the international finance history.
銀本位制是國際金融史上最早、最純粹的浮動彙率制。
He pays close attention to the floating exchange rate of the RMB.
他在密切關注人民币兌美元的浮動彙率。
Based on the reality in China, China will adopt a manageable floating exchange rate system for RMB according to the demands of the market.
從中國實際出發,人民币彙率是要實行面向市場需求的、有管理的浮動彙率制。
It is not surprising, then, that the world saw a return to a floating exchange rate system. Central banks were.
在這種情況下,世界各國又恢複浮動彙率就不足為奇了。各國中央銀行也就無須維持本币的彙價了。
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.
如果中國能像加拿大那樣實行浮動彙率制,那中國的貨币就會升值,這樣又會反過來減緩中國的出口額增長。
Not quite . Actually , we now have a managed floating exchange rate system, or what many people call a dirty float system .
約翰遜:也不完全是這樣。實際上,我們現在建立了一個受管制的浮動彙率制度,即許多人稱之為:受限制的浮動外彙制度“。
Inflation targeting has been adopted by several countries with floating exchange rate systems , as a way to anchor inflation expectations.
通貨膨脹目标制已經被一些實行浮動彙率制的國家所采用,并以此所作為給通貨膨脹預期“刹車”的一種方式。
But those are the fundamentals that really determine the exchange rate in a floating exchange rate system.
這是浮動彙率制度下真正決定彙率變化的根本因素。 現在我們再聽一遍弗裡德曼教授的這段談話原文。
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.
實踐中 ,釘住彙率制容易受到國際投機資本的沖擊 ,所以發展中國家適宜采用有管理的浮動彙率制。
Article32a unitary and well-managed floating exchange rate system based on market supply and demand will be implemented for the exchange rates of renminbi.
第三十二條人民币彙率實行以市場供求為基礎的、單一的、有管理的浮動彙率制度。
The disintegration of the Bretton Woods system, resulting in national currencies getting away from the dollar link, and establishing the floating exchange rate system.
布雷頓森林體系的解體,導緻各國貨币和美元脫鈎,并建立了浮動彙率制。
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.
改革後彙率形成機制的彈性明顯增強,人民币彙率不再盯住單一美元,而是将市場供求和籃子貨币變化作為彙率的重要參考指标。
The current exchange rate system is a managed floating exchange rate system based on market supply and demand that has developed since 1994.
現行的彙率機制是一個1994年以來建立在市場供求基礎上有管理的浮動彙率體制。
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:巴西要容忍強勢貨币(經濟在自由浮動彙率下取得成功,貨币會隨之走強),亟需提高生産力。
Experience of advanced countries shows, capital control influences operation of floating exchange rate regime through the expectation of speculative capital.
主要先進國家的經驗表明,通過國際投機資本預期這一渠道,資本項目管制能深刻影響浮動彙率運行。
Due to the floating exchange rate , the united states is fully staffed.
因為轉向浮動彙率,美國實在是一舉多得。
Since adopting the free-floating exchange rate, South Korea's government has given up intervening in the foreign exchange market.
自從采取了自由浮動彙率制度後,韓國政府便放棄了對外彙市場的幹預。
浮動彙率(floating exchange rate)是一種由外彙市場供需關系決定貨币價值的彙率制度。在這種體系下,貨币價格會根據國際貿易、資本流動、利率差異和經濟政策等因素自由波動,政府或中央銀行通常不直接幹預市場。例如,若市場對美元需求增加,美元相對其他貨币可能升值。
該制度的運作機制包含以下核心特點:
主要影響因素包括:
當前全球超過60%的國家采用浮動或管理浮動彙率制,典型案例包括美元、歐元和日元。世界銀行研究指出,這種制度在應對2008年金融危機時展現出更強的抗沖擊能力(世界銀行2024年全球經濟展望)。
浮動彙率(floating exchange rate)是國際金融領域的重要概念,其含義和特點可綜合多來源信息解釋如下:
浮動彙率指一國貨币的彙率完全由外彙市場供需關系決定,政府或中央銀行不設定官方彙率,也不進行直接幹預。這種制度下,彙率會根據經濟基本面、市場預期等因素自由波動,例如美元兌歐元的每日彙率變動。
包括但不限于:
優勢 | 劣勢 |
---|---|
自動調節國際收支失衡 | 彙率劇烈波動影響貿易 |
保持貨币政策獨立性 | 增加企業外彙風險 |
減少外彙儲備需求 | 可能引發貨币投機 |
當前全球約60%的國家采用浮動或半浮動彙率制度(如美元、歐元區),中國則實行有管理的浮動彙率制。若需了解具體國家的彙率政策,可進一步查閱國際貨币基金組織(IMF)的官方報告。
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