| 1. | China abandoned the 11 - year - old peg of its currency , the yuan , at 8 . 28 to the dollar
中国放弃了稳守11年的8 . 28元人民币兑换1美元的固定汇率制。 |
| 2. | Since the nineteenth century , there ' s been an ongoing debate between the merits of fixed exchange rates and those of floating exchange rates
十九世纪以来固定汇率制和浮动汇率制之间的论战一直就未曾平息过。 |
| 3. | What ' s more , the fixed exchange rate system also promotes the possibility of crisis , especially when it was applied with the high interest
同时，当固定汇率制与高利率结合时，取得外资的国家成本相当高，风险也相对比较大。 |
| 4. | Since 1994 , rmb exchange rate has kept the fixed proportion with american dollar . chinese exchange rate regime is actually the fixed rate regime to american dollar
我国的汇率自94年以来基本与美元保持固定汇率，成了与美元挂钩的固定汇率制，缺乏灵活性。 |
| 5. | Reviewing the history , the system of foreign exchange evolves from golden standard to bank paper standard , from fixing to floating , experiencing many changes
回顾历史的发展，由最初的金本位制到纸币本位制、从固定汇率制到浮动汇率制，已经经过了多次的历史变革。 |
| 6. | On july 21 , 2005 , the people ' s bank of china announces that china begins to adopt the regulatory floating exchange rate system , which indicates the end of the fixed exchange rate system and the starting of the floating exchange rate system
摘要2005年7月21日央行宣布开始实行有管理的浮动汇率制，预示着我国固定汇率制时代的结束，浮动汇率制的开始。 |
| 7. | In the past thirty years . the global financial market has renovated deeply . with the breakdown of the breton woods agreement , most countries have chosen floating - rate system instead of fixed - rate system . so exchange rates fluctuate more frequently
在过去的30年里，全球金融市场经历了深刻的变革，随着布雷顿森林体系中固定汇率制的逐渐解体；浮动汇率制的普及，国际外汇市场的汇率波动日趋频繁。 |
| 8. | The united states continues to work actively with china in identifying and overcoming impediments to greater exchange rate flexibility . treasury held three sessions with chinese officials in 2004 focused on the mechanics of a flexible currency regime , as part of its technical cooperation program
美国出口商报怨说，中国货币通过固定汇率制保持过低的比值，使美国产品价格在中国趋于高昂，中国产品价格在美国趋于低廉，从而削弱了美国出口商的竞争优势。 |
| 9. | The thesis analysed on the fact that it is no good to have the fixed exchange rate regime so far as the economic leverage is concerned . moreover , we are not yet ready for floating exchange rate regime . so we have to take a " middle way " between the fixed and floating rate
本论文重点分析了在中国金融进一步开放中，实施固定汇率制不利于发挥汇率的经济杠杆作用，而实施浮动汇率制的条件又不具备，只能选择介于固定与浮动两极之间的“中间汇率安排” 。 |
| 10. | The financial derivative instrument is the necessity of the international financial market development . it provides us with an instrument to hedge financial transaction , manage investment portfolios and reducing financing cost . at the same time , the instrument itself has brought a lot of risk to the financial institutions
国际金融市场的动荡，固定汇率制的瓦解，使得浮动汇率制成为新兴的汇率制度，金融管制的放松，人们开始寻求规避金融风险，各种金融机构和非金融机构在存、贷利差越来越小的情况下努力寻求新的利润增长点；再加以计算机和通讯技术的飞跃发展，金融衍生工具的产生就成必然必然。 |
