查询词典 exchange rate

Based on those analyses and conformed international and national economic condition in china and some intrinsic defects of target zone regime, author transform target zone exchange rate regime by dividing two layers and bring forward a new exchange rate regime: double-layer-monitor exchange rate regime, the new model have possessed two merits, one is that the new model make "hollymoon effect" of target zone recurrence,and the merit can alleviate the fluctuation of exchange market;another merit is that the new model is a self-regulation system, that is say, the model can avoid long-term misalignment of exchange rate, those merit have major significance for china economy sustainable development and Chinese financial system more perfection, in paper we also present some fiscal policy and money policy served as a foil to double-layer-monitor exchange rate regime in order to make it work well, at last, we conclude that the new model will be the prior selection of RMB exchange rate regime reform for a long time form now on, and it also can serve as the bridge of RMB exchange rate regime steering to one of bipolar—free float.

在这些分析的基础上，并考虑到当前中国所面临的国际国内经济环境，针对汇率目标区的一些固有缺陷，笔者又对汇率目标区模型进行了分层改造，提出了一个新的汇率机制模型：汇率目标区双层监控模型，该模型有两个主要优势，一是可以使&蜜月效应&得以重现，从而避免外汇市场的过度波动；二是该模型是一个自稳定系统，能够进行自我调整，使实际汇率同长期均衡汇率保持一致，从而避免实际汇率的长期错位。这些优点对于我国经济的可持续发展，对于我国金融的更加完善，有着十分重要的意义。为使汇率目标区双层监控模型良好运行，论文还就相应配套的财政政策、货币政策措施作了探讨。最后得出结论，按照汇率制度&并存继起&假说，今后很长一段时间内，汇率目标区双层监控模型都将是人民币汇率制度的合意选择，另外，它也可作为人民币汇率制度向独立浮动制过渡的桥梁。

For a long-term stable Exchange Rate of RMB, the Commercial Banks are not only lack of a full understanding of Exchange Rate risk but are also lack of the essential experiences and skills to manage the Exchange Rate risk. Exchange Rate System reform makes domestic Commercial Banks face a great challenge of Exchange Rate risk. Adapting RMB Exchange Rate reform and managing Exchange Rate risk are the subjects that the domestic commercial banks must face.

长期稳定的人民币汇率使商业银行对汇率风险既缺少足够的了解和重视，也缺乏必要的外汇风险管理的经验和技能，汇率制度改革使我国商业银行开始真正面临汇率风险的考验，尽快适应人民币汇率制度改革，应对汇率风险是我国商业银行面临的重要课题。

This thesis, titled "under the Exchange rate marketization of RMB a probe into exchange rate risk management from the enterprises' standpoint ", on the basis of some basic concepts and theory about exchange rate risk , mainly discusses the significance and exigency of study exchange rate risk management in corporation of china , and raises some proposals in such aspects as removing obstacles, optimizing exchange rate risk management system and establishing the mechanism of previous tergiversation exchange rate risk. In addition, the thesis analyzes the risks that will be encountered in the development of exchange rate marketization of RMB and offers solutions to these risks.

本文选择《人民币汇率市场化下的企业汇率风险管理研究》为题，在介绍汇率风险的基本知识和相关概念、企业对汇率风险管理基本理念的基础上，结合我国实际，分析了我国涉外企业在目前人民币汇率机制改革、人民币汇率逐步市场化的前提背景下汇率风险管理的必要性和紧迫性，提出逐步完善企业汇率风险管理系统，建立企业内部风险预警机制运行模式的建议、并对人民币汇率市场化下企业所面临的汇率风险进行了分析，提出了相应的对策。

From the point of administration, based on the current exchange rate management system, this paper mainly involves a series of research methods, such as literature analysis, comparative analysis, positive analysis, and systematic analysis and so on. Firstly, it reviews and combines the revelant theories of exchange rate. Secondly, it analyzes the problems existing in our current exchange rate management system in the region of government's system design on exchange rate management system. Finally, according to the major environment of the reform of economic system and politic system and the actual situation that current exchange rate of RMB faces, it put forwards the route and scheme of the reform of our government's exchange rate management system.

文章从行政管理的视角出发，立足我国现行汇率管理体制，主要通过运用文献分析、比较分析、实证分析、系统分析等研究方法，首先对汇率管理的相关理论进行梳理、回顾，其次从政府汇率管理体制的制度设计层面剖析了我国现行汇率管理体制中存在的问题，总结了改革的必要性和必然性，最后针对我国经济体制和行政体制改革的大环境和现阶段人民币汇率问题所面临的现实情况，提出了我国政府汇率管理体制改革的路径和方案。

objective to evaluate efficacy of extracorporeal shock wave lithotripsyfor treating ureteral stones in situ,investigate the cause of higher re-treatment rate.methods total of 687 patients with ureteral stone were received eswl between january 2000 and december 2004,included 455 male(66.2%) and 232 female(33.8%) patients,6 cases have bilateral ureteral calculi,12 cases have unilateral multiple calculi.hence,together 709 ureteral calculi were treated.patients upper ureteral calculi were treated in the supine position,for lower ureteral calculi patients were turned prone.to reduce eswl-induced renal trauma and pain,using lower energy source,adjusted power setting from 9.8 to 13.2kv,limited 1500 shock wavs per one session.no auxiliary procedure were used before eswl.the stone size was measured as the surface area of stone length by stone width on x-ray film.the interval between two treatment sessions was two weeks.results of 709 ureteral calculi,the overall stone free rate was 97.3%(690 calculi),re-treatment rate was 34.1%(292 calculi).according to the performed treatment sessions,one session 467 calculi,the mean stone size 37.27mm2,stone free rate 65.4%(464 calculi).two sessions 138 calculi,the mean stone size 62.48mm2,stone free rate 18.4%(131calculi).three sessions 52 calculi,the mean stone size 79.60mm2,stone free rate 7.1%(50calculi).four sessions 19 calculi,the mean stone size 101.63mm2,stone free rate 2.4%(17calculi).fivesessions 33 calculi,the mean stone size 119.33mm2,stone free rate 3.9%(28 calculi).overall 19 cases(2.7%)turned to other treatment modalities.of 335 upper ureteral calculi,303 achieved stone free (95.8%),re-treatment rate was 38.5%(129 calculi).of 374 lower ureteral calculi,369 achieved stone free(98.7%),re-treatment rate was 30.2%(113 calculi).the re-treatment rate of upper ureteral calculi was higher than lower ureteral calculi(p＜0.05,χ2=5.40).the difference of stone-free rate between upper and lower ureteral calculi was no significant(p＞0.05,χ2=0.15).conclusion eswl should be considered first line therapy for ureteral stone still.stone burden are the main variable of higher re-treatment rate,upper ureteral stone may moving with respiring during eswl.so efficinet shock wave was decreared,re-treatment rate become higher.

目的 评估体外震波碎石治疗输尿管结石的疗效，探讨再治疗率高的原因及输尿管结石的治疗选择。方法回顾2000年1月～2004年12月间eswl治疗输尿管结石的临床资料687例，男455例（66.2%），女232例（33.8%），平均年龄46.6岁（15～83岁）。有双侧输尿管结石6例，单侧多发性输尿管结石12例（4颗1例，3颗2例，2颗9例），共计输尿管结石709颗（含透光结石13颗）。应用上海爱申公司生产的desunit6030型碎石机，c臂x线球管做结石定位。上段输尿管结石（肾盂输尿管交界处至骶髂关节上缘）取仰卧位，下段输尿管结石（骶髂关节上缘下至输尿管口）取俯卧位。为减少eswl引起的肾损伤和疼痛，应用较低的能量，震波发生器电压从9.8～13.2kv，震波频率1.5s。每次治疗设定为1500次震波。治疗后3天摄腹部平片或b超，以后每隔7日重复检查。假如结石未碎或有残留结石最长径＞3mm以上，再次eswl，两次治疗的间隔时间为两周。结石的大小用x线片上的表面积（mm2表示。结果 709颗输尿管结石总的治愈率为97.3%（690颗），再治疗率34.1%（242颗）。其中一次治疗467颗，平均结石大小37.27mm2，治愈464颗（65.4%），3颗改治疗；两次治疗138颗，平均结石大小62.48mm2，治愈131颗（18.5%），7颗改治疗；第1和第2次治疗治愈率（1个月治愈率）为83.8%。3次治疗52颗，平均结石大小79.60mm2，治愈50颗（7.1%），2颗改治疗；4次治疗19颗，平均结石大小101.63mm2，治愈17颗（2.4%），2颗改治疗；5次及5次以上治疗33颗，平均结石大小119.33mm2，治愈28颗（3.9%），5颗改治疗。总计19颗（2.7%）结石改变治疗方式。上段输尿管结石335颗，治愈321颗（95.8%），再治疗129颗（38.5%）。下段输尿管结石374颗，治愈369颗（98.7%），再治疗113颗（30.2%）。经χ2检验，上、下段输尿管结石的再治疗率差异有显著性（χ2=5.40，p＜0.05），治愈率差异无显著性（χ2=0.15，p＞0.05）。不良反应：血压升高13例（1.9%），震波区域疼痛26例（3.8%），震波进入处皮肤点状淤血33例（4.8%），肉眼血尿128例（18.6%），均于第2、3天自行消失。结论 eswl目前仍是输尿管结石的第一线治疗，结石的大小是再治疗率高的主要因素。结石的位置有影响，上段输尿管结石可随呼吸移动，有效震波次数减少，再治疗率比下段输尿管结石高。eswl前注重病例筛选可降低再治疗率。

As to domestic sector, the author discuss the influences of different exchange rate regime on growth, inflation, economic stability and financial deepening, and agues that:(1) the relatively fixed exhange rate regimes are more pro-growth for emerging economies;(2) the relatively fixed exchange rate regimes can be useful for control of inflation in developing countries, but it can also be replaced by other monetary rules like inflaiton-targeting;(3) fixed exchange rate regime woulde better to deal with nominal shocks when floating exchange rate regime better to deal with real shocks, but both of them can not entirely insulate the external shocks;(4) the improvement of financial deepening is faster under relative fixed exchange rate regimes.

从国内经济部门看，不同汇率制度对经济增长、通货膨胀、经济稳定、金融深化等关键变量具有不同影响：（1）对于新兴市场国家来说，相对固定的汇率制度更有利于促进经济增长；（2）相对固定的汇率制度有利于抑制通货膨胀，但也可以由其他货币规则替代；（3）固定汇率更适合应对名义经济冲击，浮动汇率更适合应对实际经济冲击，二者都不能隔离外部冲击；（4）在相对固定的汇率制度下，金融深化发展更快。

This paper includes several parts: first, some important concepts of the thesis have been defined, a theoretical overview of currency crisis has been finished; then, we have described the history of the international monetary system; later, three chapes have been arranged to discuss the mechanism of currency crisis under fixed and floating and intermediate exchange rate system respectively. The part of the fixed exchange rate system mainly includes the analysis of the collapse of the international gold standard system, the Bretton Woods system and the the European Monetary System; in the part of the floating exchange rate system, the volatility problem under freely floating exchange rate system has been studied; the part of the intermediate exchange rate system mainly includes the analysis of currency crises in regional dollar standard system and the currency board system. And finally, we have analysed the inevitability of the appearance of new type regional monetary cooperation patterns, and how these cooperations avoid currency crises.

本文主要包括这样几部分：首先，对论文中涉及到的重要概念给予界定，并对货币危机理论进行系统梳理；接着，按时间顺序从总体上回忆国际货币制度的历史演进；然后，用三个章节分别研究了固定汇率制度、浮动汇率制度以及中间汇率制度下货币危机的形成机理，其中，固定汇率制度下的货币危机主要包括国际金本位制度和布雷顿森林体系的崩溃，以及欧洲货币体系的瓦解；浮动汇率制度下的货币危机，则重点分析了自由浮动汇率制度下汇率的过度波动问题；中间汇率制度下的货币危机，分别分析了区域美元本位及货币局制度下货币危机的发生机理；最后，分析了目前新型区域货币合作模式出现的必然性，及各模式下如何规避货币危机。

Considered that china finance reality, implementing hard peg exchange rate regime isn" t favor to economic level effect, but at present there isn" t enough condition in implementing float exchange rate regime in china, so author argue that china should choose median exchange rate regime between hard peg exchange rate regime and float exchange rate regime.

论文重点分析了在中国金融进一步开放中，实施固定汇率制不利于发挥汇率的经济杠杆作用，而实施浮动汇率制的条件又不具备，只能选择介于固定与浮动两极之间的&中间汇率安排&。

As the inter-bank foreign exchange trading is a large trading post on the exchange rate the characteristics of the general foreign exchange transactions between banks and the foreign exchange market as a foreign exchange wholesale market, and the banking and foreign exchange transactions between the general, a market that Exchange for the retail market.

由于银行间的外汇交易是一个大型贸易公司后对汇率的特点，一般外汇之间的交易，银行和外汇市场作为外汇批发市场，以及银行业和外汇之间的交易一般，市场作为交换条件的零售市场。

After the publication of this Announcement, the measures for the administering the floating range of trading price of the US Dollar against the RMB in the inter-bank spot foreign exchange market and the spread of US Dollar exchange rate quotation of the banks to their clients will not be changed, and the Circular concerning Further Improving the Administration of Trading Exchange Rates in the Inter-bank Foreign Exchange Market and the Exchange Rate Quotations of Foreign Exchange Designated Banks (Yin Fa [2005] No. 250) as promulgated by the People's Bank of China on 23 September, 2005 is still applicable thereto.

本公告公布后，银行间即期外汇市场人民币兑非美元货币交易价的浮动幅度和银行对客户美元挂牌汇价价差幅度管理办法不变，仍按2005年9月23日中国人民银行发布的《中国人民银行关于进一步改善银行间外汇市场交易汇价和外汇指定银行挂牌汇价管理的通知》（银发〔2005〕250 号）规定执行。

A carrier gas such as nitrogen is directed through line 20 and valve 22 to connect with line 26 and mix with the gas sample.

如氮气之类的载体通过管线20和阀22引入，与管线26相通，与气体样品混合。

But for the most part, knaves and parasites had the command of his fortune

然而支配他的家产的大多是恶棍和寄生虫。