Since the nineteenth century , there ' s been an ongoing debate between the merits of fixed exchange rates and those of floating exchange rates 十九世纪以来固定汇率制和浮动汇率制之间的论战一直就未曾平息过。
If rmb becomes floating , according to the economic indice of the recent years , it faces the pressure of appreciation 如果人民币实行浮动汇率制,根据近年来各项经济指标的状况,从宏观经济的原理来说,人民币存在升值压力。
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。
The system of the exchange rate had been changed monstrously since the reformation and opening in china . generally speaking , these changes were much successful 一、论文的主要内容及观点从1994年汇率并轨以来,我国实行“有管理的浮动汇率制” 。
China established the managing floating exchange rate regime after the exchange rate reform in 1994 , but recent years the rmb actually pegged us dollar 我国在1994年人民币汇率制度改革之后，建立了有管理的浮动汇率制，但是近几年人民币汇率却实际上钉住了美元。
After the recovery of east asian economies , chinese policymaker will have to make a decision , continue with dollar pegging or return to managed floating regime 在亚洲经济复苏之后，人民币汇率制度面临这样的选择，是继续实行钉住美元制还是重归有管理的浮动汇率制
Reviewing the history , the system of foreign exchange evolves from golden standard to bank paper standard , from fixing to floating , experiencing many changes 回顾历史的发展，由最初的金本位制到纸币本位制、从固定汇率制到浮动汇率制，已经经过了多次的历史变革。
But in a world of highly integrated global capital markets , i do not see my realistic alternative to floating exchange rates among the major currencies 但是在一个全球资本市场高度一体化的世界中，我没有看到任何一种现实的制度安排能够替代各主要货币之间的浮动汇率制。
People ' s bank of china indicated that rational floating exchange rate system of rmb will be further promoted in 2006 and the market formed exchange rate regime will be performed 中国人民银行表示， 2006年将进一步完善合理的浮动汇率制，完善人民币汇率市场化形成机制。
He cites brazil , which although it has a floating currency and manageable public debt was paying ten times over the odds to borrow from capital markets 他援引巴西的例子说，尽管巴西实行了浮动汇率制和可控国债，但它向资本市场借款还是付出了比正常条件下高出10倍的成本。
