汇率

After keeping its currency tightly linked to the US dollar for years, China in July 2005 rued its currency by 2.1% against the US dollar and moved to an exchange rate system that references a basket of currencies.

在保持人民币紧紧联系在一起的美元多年来，中国在2005年7月人民币汇率升值了2.1 ％，对美元的汇率，并移至汇率制度，参考一篮子货币。

In the end of this thesis, the data independent detection model of exchange ratedata stream is built. Then, the algorithm provided in this thesis is used on the model to solve the problem of detecting the abnormal data block in exchange rate data stream. Experimental data are also provided.

最后，本文根据实时汇率数据流的特点，建立了数据点相互无关的实时汇率数据流的检测模型，然后采用本文提出的数据流的变化检测算法解决实时汇率数据流的异常检测问题，并给出了实验结果。

If some countries manage their exchange rates and keep them artificially low, the burden of adjustment falls on some countries that do not manage their exchange rate so actively.

如果某些国家管理它们的汇率、人为压低汇率，那么调整的负担就会落在一些不那么积极管理汇率的国家身上。

It points out that the key to East Asian countries'exchange rate policy coordination is to overcome the over-dependence on US dollar and the approaches include China's reformation on its exchange rate system, Japan's efforts of internationalizing yen and other East Asian countries'construction of domestic and regional bond markets.

运用实证与规范相结合的研究方法，证明东亚进行汇率政策协调的必要性和可行性，指出摆脱对美元的过度依赖是目前东亚汇率政策协调的重要内容，特别是中国改革汇率制度、日本促进日元国际化和东亚各国加快国内及区域债券市场的建设对于东亚摆脱美元至关重要。

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。

So we should change the interest rate system of China by studying other countries' experience and set up interest rate system of target zone.It will be a better choice in the reform of ...

因此在参考一些国家汇率制度改革和演变的基础上改革中国的现行汇率制度，实行汇率目标区将是我国金融改革过程中的一个现实、较优的选择。

So we should change the interest rate system of China by studying other countries＇ experience and set up interest rate system of target zone.

因此在参考一些国家汇率制度改革和演变的基础上改革中国的现行汇率制度，实行汇率目标区将是我国金融改革过程中的一个现实、较优的选择。

This paper summarizes the theory merits of latest exchange rate and combines experience and lessons of other countries on the exchange rate policy, analyzing possibility of choosing the different exchange rate system for China.

本文在总结了最新汇率理论成果和吸取了其它国家在汇率政策经验上的教训的基础上，对人民币选择不同汇率制度的可能性进行了分析。

Target zone both possess those merit of hard peg and float exchange rate regime, and can harmonize exchange rate policy and money policy and realize economy interior and exterior equilibrium, meanwhile it is accordance with china step-by-step reform policy, so target zone exchange rate regime is line with china reality of the day.

汇率目标区是中国金融进一步开放中比较合适的汇率制度，它兼具固定汇率制和浮动汇率制的优点，能协调汇率政策与货币政策，实现经济的内外均衡，也符合中国渐进式的改革发展道路。

We found significant evidence for the pass-through effect only when the changes in exchange rates are smaller than 3%.

实证结果显示，当汇率变动幅度小於3%时，有显著的汇率转嫁；反之，则汇率转嫁不显著。

Lugalbanda was a god and shepherd king of Uruk where he was worshipped for over a thousand years.

Lugalbanda 是神和被崇拜了一千年多 Uruk古埃及喜克索王朝国王。

I am coming just now,' and went on perfuming himself with Hunut, then he came and sat.

我来只是现在，'歼灭战perfuming自己与胡努特，那麼，他来到和SAT 。