managed currency

简明释义

被调整的货币

英英释义

例句

1.The government decided to implement a managed currency policy to stabilize the economy.

政府决定实施管理货币政策以稳定经济。

2.Investors often prefer stable economies that utilize a managed currency approach.

投资者通常更喜欢使用管理货币方法的稳定经济体。

3.A managed currency allows for adjustments based on market conditions.

管理货币允许根据市场情况进行调整。

4.The central bank plays a crucial role in maintaining the value of the managed currency.

中央银行在维持管理货币的价值方面发挥着关键作用。

5.In times of economic crisis, many countries resort to a managed currency system to control inflation.

在经济危机时期，许多国家采用管理货币制度来控制通货膨胀。

作文

In today's global economy, the concept of a managed currency has become increasingly significant. A managed currency refers to a type of exchange rate regime where a country's central bank intervenes in the foreign exchange market to stabilize or influence its currency's value. This intervention can take various forms, including buying or selling the national currency to maintain a desired exchange rate level. The primary goal of such management is to prevent excessive fluctuations that could lead to economic instability.The rationale behind adopting a managed currency system is multifaceted. First and foremost, it provides a buffer against external shocks. For instance, if a country heavily relies on exports, a sudden appreciation of its currency could make its goods more expensive for foreign buyers, leading to a decline in exports and potentially harming the economy. By managing the currency, the government can mitigate these risks and promote a more stable economic environment.Moreover, a managed currency can help control inflation. In many developing countries, hyperinflation can erode purchasing power and savings. By actively managing the currency, central banks can implement monetary policies aimed at stabilizing prices. This can include adjusting interest rates or controlling money supply, which ultimately influences the currency’s value.However, the management of a currency is not without its challenges. Critics argue that such interventions can lead to market distortions. When a central bank artificially supports its currency, it may create an illusion of stability, which can encourage reckless financial behavior among investors and businesses. Additionally, prolonged intervention can deplete a country’s foreign reserves, making it vulnerable to crises if the reserves run low.The effectiveness of a managed currency system often depends on the credibility of the central bank. If the public and investors trust that the central bank will act responsibly, they are more likely to support the currency. Conversely, if there is skepticism regarding the central bank's intentions or abilities, it can lead to speculative attacks on the currency, undermining the very stability that a managed currency aims to achieve.In conclusion, the concept of a managed currency plays a crucial role in the economic strategies of many nations. While it offers tools to stabilize the economy and control inflation, it also presents risks that need careful management. As economies continue to evolve and face new challenges, the debate over the merits and drawbacks of a managed currency will undoubtedly persist, highlighting the delicate balance that governments must strike in their monetary policies.

在当今全球经济中，“管理货币”的概念变得越来越重要。“管理货币”是指一种汇率制度，国家的中央银行通过干预外汇市场来稳定或影响其货币价值。这种干预可以采取多种形式，包括买入或卖出本国货币，以维持所需的汇率水平。这种管理的主要目标是防止过度波动，从而导致经济不稳定。采用“管理货币”制度的理由是多方面的。首先，它为抵御外部冲击提供了缓冲。例如，如果一个国家严重依赖出口，货币的突然升值可能会使其商品对外国买家来说变得更加昂贵，从而导致出口下降，并可能损害经济。通过管理货币，政府可以减轻这些风险，促进更稳定的经济环境。此外，“管理货币”还可以帮助控制通货膨胀。在许多发展中国家，恶性通货膨胀可能会侵蚀购买力和储蓄。通过积极管理货币，中央银行可以实施旨在稳定价格的货币政策。这可能包括调整利率或控制货币供应，从而最终影响货币的价值。然而，货币管理并非没有挑战。批评者认为，这种干预可能导致市场扭曲。当中央银行人为地支持其货币时，可能会造成稳定的错觉，这可能会鼓励投资者和企业的鲁莽金融行为。此外，长期干预可能耗尽一个国家的外汇储备，使其在储备不足时容易受到危机的影响。“管理货币”系统的有效性往往取决于中央银行的可信度。如果公众和投资者相信中央银行会负责任地行事，他们更有可能支持该货币。相反，如果人们对中央银行的意图或能力持怀疑态度，可能会导致对货币的投机攻击，从而削弱“管理货币”所旨在实现的稳定性。总之，“管理货币”的概念在许多国家的经济战略中发挥着关键作用。虽然它提供了稳定经济和控制通货膨胀的工具，但也带来了需要谨慎管理的风险。随着经济的不断发展和面临新挑战，“管理货币”的优点和缺点之间的辩论无疑将持续下去，突显出政府在货币政策中必须保持的微妙平衡。