| 1. | The jump in the rupee reflects an abrupt change in policy by the rbi
卢比汇率的急升反映了印度储备银行rbi货币政策的突然改变。 |
| 2. | A pegged exchange rate also cramped the rbi ' s room to raise interest rates , because that would attract yet more capital
印度储备银行rbi的钉住汇率制度也束缚了其上调利率的空间，因为上调利率会吸引更多资金。 |
| 3. | The snag is that sterilisation is expensive because the rbi has to pay much more on the bonds it issues to mop up liquidity than it earns on dollar reserves
问题是这种遏制代价昂贵，印度储备银行rbi为消除流通增长而发行的有价债券，其利息远大于美元储备的收入。 |
| 4. | By abandoning its attempt to hold the rupee down against the dollar , the rbi is now able to regain control over monetary policy and so focus on containing inflation
印度储备银行rbi放弃试图抑制卢布兑美元的汇率，从而能够重新获得对货币政策的控制，并致力于抑制通货膨胀。 |
| 5. | The reserve bank of india has raised one of its key interest rates by one and a half percentage points to 6 % over the past two years , but inflation has risen by more , so real interest rates have fallen and are historically low
印度储备银行在过去的一年里将一个关键的利率提高了1 . 5个百分点，到6 % ，但是通货膨胀更为严重，这样实际利率降低到了历史低点。 |
| 6. | The rbi ' s job had been made even harder by the government , which last year encouraged capital inflows by raising the ceiling on foreign borrowing by firms , allowing indian companies to take advantage of lower interest rates abroad than at home
由于去年政府通过提高企业的对外借款限额而鼓励资本流入以利用其比国内更低的利息，印度储备银行rbi的工作变得更加困难了。 |
| 7. | The reserve bank of india has been too timid in cooling down domestic demand : although one interest rate was raised this week by a quarter point , the overall rise in rates over the past two and a half years has not even kept up with consumer - price inflation
在为内需降温方面，印度储备银行（央行）显得过于缩手缩脚：本周虽然它把利率提高了25个基点，但过去两年半以来利率的总增长始终低于消费者价格通胀水平。 |
| 8. | The reserve bank of india has been too timid in cooling down domestic demand : although one interest rate was raised this week by a quarter point , the overall rise in rates over the past two and a half years has not even kept up with consumer - price inflation
在为内需降温方面，印度储备银行显得过于胆怯：尽管本周它把利率提升了25个基点，但是过去两年半以来，利率的总增长甚至还没有与消费者价格通货膨胀率持平。 |
