货币互换 meaning in Chinese

currency swaps

On this basis , the text researches the present situation issue of rmb under the cooperative pattern of east asian currencies : probing into self - realization of contagious devaluation " . after one currency devalued in area , especially as one of international reserve currency japan yen devaluing , it can damage growth and stability of domestic economy if rmb continuously maintains to peg the u . s . dollar . and the current bilateral swap arrangement in east asia further falls china into predicament
在此基础上，重点研究了当前东亚货币合作格局下人民币的处境问题：探讨了东亚货币危机“传染性贬值”的自我实现性；当区域内某一货币贬值后，特别是作为国际储备货币之一的日元贬值后，人民币继续维持钉住美元的汇率安排会损害国内经济的增长与稳定；而现行的东亚双边货币互换合作机制的缺陷，进一步陷中国于困境。