汇率调整

Hence, to jointly promote balanced and orderly world economic development, all countries, the major economies in particular, should adopt responsible economic policies, introduce necessary economic restructuring, keep a relatively stable exchange rate of the major reserve currencies and prevent trade protectionism.

世界各国特别是主要经济体，不仅要采取负责任的经济政策，进行必要的经济结构调整，维护主要储备货币汇率的相对稳定，防止贸易保护主义，而且要加强宏观经济政策的对话，特别是要加强在一些涉及世界经济发展全局和各国共同利益的重大问题上的协调，以共同促进世界经济平衡有序发展。

Should the arithmetic average of the mean buying and selling rates of U.S.

本合同项下的美元币值，系按××年××月××日中国银行公布的瑞士法郎、德国法郎和法国法郎对美元买卖中间价所确定的算数平均汇率作为调整的基数。

As a consequence, the likelihood of a dollar correction is thought to be quite high.

因此，美元汇率进行调整的可能性非常大。

We do not intend to compete internationally on the basis of exchange rate adjustment.

我们无意利用汇率的调整，在国际市场上竞争。

Any attempt to address the excess of foreign exchange reserves should incorporate a fundamental economic restructuring and an adjustment of the RMB exchange rate formation mechanism, which will be a long and slow process.

解决外汇储备过多的问题应该把经济结构调整和人民币汇率形成机制的调整结合起来考虑，这将是一个长期而缓慢的过程。

Finally, based on all the analyses, the paper puts forward some suggestions for the optimization of RMB exchange rate regime and the adjustment of trade policy.

最后，在完整分析人民币汇率机制改革对我国贸易进出口影响的基础上，本文对人民币汇率机制的完善以及贸易政策的配合调整提出一些具体的建议。

According to the economic situations of Taiwan, this study assumes three different policies, including monetary policy, fiscal policy, and exchange rate policy, then assess and analysis them under different scenarios separately.(1) Monetary policy: under the situation that central bank considers that raises rediscount rate by gradual adjustment or one-time adjustment.

依据台湾目前经济情势，本文假设三种不同政策，包括货币政策、财政政策以及汇率政策，分别在不同情境下进行评估与分析：(1)货币政策：在央行考虑调升重贴现率的情况下，选择逐次调整亦或一次调整的方案。

China had adjust and innovate the exchange rate because we have considered the request of stability about Chinese economy and finance, and the influence that these innovation and redressal bring to the neighborly country, the whole area, the whole world's economy and the financial stability. In the future, China would work hard to this direction continuously.

中国对汇率进行了改革及调整，已充分考虑到中国经济及金融稳定性的要求，及此类改革及调整对中国邻国、整个地区乃至全球经济及金融稳定性的影响，而且今後中国将继续向这方面努力。

Suppose that the eventual dollar decline and re-equilibration of the yuan result in a 20% capital loss. This would amount to $400 billion, or roughly 10% of Chinese GDP.

假设美元汇率下跌以及人民币汇率的相应调整使中国外汇储备的价值缩水20%，这相当于中国损失了4，000亿美元资金，大约是中国国内生产总值的10%。

The decision to complete the single market, with the signing of the Single European Act in 1986, lent new force to the belief, long held by many Europeans, that a closely integrated group of economies would have much more to gain from lack of exchange rate fluctuations than from occasional exchange rate realignments.

随着1986年签署的欧洲单一文件，实现统一市场的决定增强了长久以来多数欧洲人所持有的信念，即与汇率非经常性的调整相比，紧密结合的欧洲经济集团更能从汇率波动的减少中获得更多的利益。

The split between the two groups can hardly be papered over.

这两个团体间的分歧难以掩饰。

This approach not only encourages a greater number of responses, but minimizes the likelihood of stale groupthink.

这种做法不仅鼓励了更多的反应，而且减少跟风的可能性。