贬值

The current financial policy and the general plan of "" have kept the Chinese currency RMB from devaluating during the Asian economic crisis and kept our national economy at a 7% growth rate in the unstable macro environment of world-wide economic crisis.

中国现时的积极财政政策和拉动内需的大战略，使我国在亚洲金融危机时能保持人民币不贬值，在世界经济危机起伏动荡的大环境中，能保持国民经济 7 ％的增长率。

However, it is this very policy that helped China not only avoid the impact of Southeast Asia economic crisis in 1997, but also defended itself against this global financial crisis by helping other countries and by not devaluating its currency.

然而正是中国的这种政策，不仅避免了1997年的东南亚亚经济危机还由于坚持不贬值协助其他国家渡过危机，更成功抵御了这一次波及全球的经济危机。

By describing the economic situation in Vietnam, this essay analyzes the reasons which caused the crisis on the base of Kuli-Portfolio model. The conclusion is that the trade deficit on current account for a country may cause its exchange rate devaluating and make the long-term capital outflow if its long-term policy of expansion causes too much liquidity and it invest in domestic enterprises blindly without the improvement of actual competition. It isn't suitable for a country to open its capital account if its financial system is not healthy enough.

本文在对越南危机现状描述的基础上，基于库里资产组合模型对危机的原因进行了深度剖析，得出结论：如果伴随着长期扩张政策带来的是流动性过剩和对国内企业的盲目注资而没有实际生产力的提升，一国经常项目的逆差可能引起本国汇率贬值和长期资本外流；若一国的金融体系不健全，不宜轻易开放资本项目。

The United States subprime mortgage crisis was like the storm clouds, not only the Dow Jones index downward trend, but also the Nikkei Index, the Hang Seng Index, at times under the influence of subprime mortgage crisis.For the US dollar keep on devaluating,whether the economic of United States and financial statement will be keeping in the same situation were becoming the heated discussion,and that cause more people think about the dollar standard status and the changing of international monetary system.

美国的次级债务危机犹如风暴云团，不仅令道琼斯指数持续跳水，日经指数、恒生指数也纷纷出现了暴跌行情，在次贷危机的影响下，美元一路贬值，对美国经济和美国财政长期是否可持续的担心，引起了更多人对美元地位和国际货币体系变局的思考。

If you want to know why oil prices were high this decade, it has to do with the devalued dollar.

如果你想知道为什么近十年的油价居高不下，这就和美元的贬值有关系。

What I can say is that the renminbi now is very strong and will be not devalued.

但是 我可以说一句：现在人民币非常坚挺，不会贬值。

I never dare to say that the house will be devalued.

我从来不敢说，房子会贬值。

For one of the owners, there is no such facilities, he can consider the value of their house has devalued.

之一的业主，有没有这样的设施，他可以考虑的价值，他们的房子已贬值。

It will overcome all of the frailties and drawbacks that devalued the system in more ways than one.

它可以克服的弱点和贬值比一个方面的制度缺陷的。

This means that the dollar is as good as devalued.

这意味着美元实际上已经贬值。

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。