汇率调整

Based on the theoretical model,we design a Vector Autoregression Model and conduct empirical analysis to understand the relationship of real exchange rate, economic growth and interest rate.

根据理论模型的动态特点，设计了一个向量自回归模型，用来实证分析实际汇率、经济增长率和利率的关系，回答了当前条件下人民币实际汇率是否高估的问题，提出了实际汇率调整的三种途径及其政策涵义。

From the actual situation, the conditions of the RMB exchange rate adjustment is relatively mature.

从国内实际情况来看，人民币汇率调整的条件是相对成熟的。

So exchange rate adjustment seems to be a necessary part of the broader adjustment.

因此汇率调整似乎是进行更广泛调整的必要部分。

I would then argue that China's determination to thwart needed adjustment in exchange rates had become intolerable.

那时我会辩称，中国坚决阻挠必要汇率调整的行为，已经到了不可忍受的程度。

Due to the characteristics of intra-product trade itself, it is hard to reduce surplus through exchange rate adjustment.

由于产品内贸易自身的特点，很难通过汇率调整削减顺差。

As a result, the adjustment in exchange rates has so far been largely transatlantic, rather than global.

其结果是，迄今汇率调整主要是在大西洋两岸进行，而非全球范围。

He stressed that exchange rate adjustment in the timing and magnitude, the Chinese Government have absolute autonomy, would not be affected by external factors.

他强调，汇率调整的时机和规模，我国政府有绝对的自主权，不会受到外部因素的影响。

Therefore, foreign investment in next year's growth is how the exchange rate, if the exchange rate adjustment and adjustment to achieve 10% growth rate of foreign investment will obviously slowed down.

因此，外国投资在明年的增长是怎样的汇率，如果汇率调整和调整，以实现10 ％增长速度的外国投资将明显放慢。

The theory of purchasing-power parity says that in the long run exchange rates should move towards rates that would equalise the prices of an identical basket of goods and services in any two countries.

根据购买力平价理论，任何两个国家间相同的一篮子商品和服务的价格应该可以通过汇率调整成相等的价格。

Moreover, the distribution of the burden of adjustment depends hugely on whether Asia, including China, shares the required offsetting appreciation with Europe.

另外，在很大程度上，汇率调整负担的分配，取决于包括中国在内的亚洲国家是否与欧洲一起令本币升值。

This one mode pays close attention to network credence foundation of the businessman very much.

这一模式非常关注商人的网络信用基础。

Cell morphology of bacterial ghost of Pasteurella multocida was observed by scanning electron microscopy and inactivation ratio was estimated by CFU analysi.

扫描电镜观察多杀性巴氏杆菌细菌幽灵和菌落形成单位评价遗传灭活率。