货币

Our country's capital market is still at the beginning phase of development regardless of its scale and mature degree.

当货币政策利好于资本市场的消息时，企业和居民的货币资金大量进入证券市场，股价迅速攀升。

It has been shown from the game model for monetary policy (Barro and Gordon, 1983) that rules are better than discretion in the long term.

Barro和Gordon(1983)构造的货币政策博弈模型表明，遵循规则的货币政策操作从长期来看能产生比相机抉择更好的结果。

Domestic disputes focus on which is the best choice among interest rate, money supply and exchange rate.

国内学者的争论焦点主要在于选择货币供应量、利率、还是汇率哪个更适宜作我国货币政策的中介目标。

Arbitrageurs could buy the high-interest currency today, lock in a future sale at the same price and pocket the extra interest from holding the currency until the forward contract is settled.

套利者可以在今天购买高利率的货币，并以相同的价格在未来锁定售出价格，然后在远期合同到期前从持有的货币中赚得额外的利息。

Arbitrageurs could buy the high-interest currency today, lock in a future sale at the same price and pocket the extra interest from holding the currency until the forward contract is settled.

套汇人今天买高利率的货币，锁定在将来以同样价格售出，从坚持持有货币直到金融预期市场稳定后从中获得额外利润。

Crosschecking this assessment with the monetary analysis within the two-pillar framework leads to the conclusion that the strong monetary expansion should not, for the time being, be seen as adversely affecting this outlook, in view of the economic situation.

结合经济形势分析和货币形势分析这两大支柱，再考虑到经济环境的大背景，可以得出这样的结论，即到目前为止，强劲的货币总量增长尚且不会对物价的持续稳定造成负面影响。

As Mr Fujii has noted, currency interventions can quickly lead to a round of competitive devaluations.

正如藤井先生所言，货币干预可能迅速导致一轮竞争性货币贬值。

In another article, Mr Zhou suggested the creation of a new international reserve currency, managed by the IMF, to replace the dollar.

在另外一篇文章中，周先生提议建立一种由国际货币基金组织管理的新型的国际储备货币，以取代美元。

In another article, Mr Zhou suggested the creation of a new international reserve currency, managed by the IMF, to replace the dollar.

在另一篇文章中，周先生提出建立一种取代美元的，由世界货币基金组织管理的新的国际储存货币。

A super-sovereign reserve currency managed by a global institution could be used to both create and control the global liquidity.

超主权储备货币不仅克服了主权信用货币的内在风险﹐也为调节全球流动性提供了可能。

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。