domestic currency

简明释义

本国通货

英英释义

The currency that is issued and used within a specific country for transactions and trade.

在特定国家内发行和使用的货币,用于交易和贸易。

例句

1.Many international businesses prefer to trade in their domestic currency to avoid exchange rate risks.

许多国际企业更喜欢以其国内货币进行交易,以避免汇率风险。

2.The central bank intervened in the foreign exchange market to support the domestic currency.

中央银行在外汇市场干预以支持国内货币

3.Inflation can significantly impact the purchasing power of a nation's domestic currency.

通货膨胀会显著影响一个国家的国内货币的购买力。

4.The government decided to stabilize the value of the domestic currency by increasing interest rates.

政府决定通过提高利率来稳定国内货币的价值。

5.When traveling abroad, it is essential to exchange your local money for the destination country's domestic currency.

出国旅行时,必须将您的本地货币兑换成目的国的国内货币

作文

In today's global economy, the concept of domestic currency plays a crucial role in shaping a nation's financial landscape. Domestic currency, which refers to the legal tender issued by a country's government and used for transactions within its borders, is vital for maintaining economic stability and facilitating trade. Understanding the implications of domestic currency can help individuals and businesses navigate the complexities of the financial world.One of the primary functions of domestic currency is to serve as a medium of exchange. When citizens use their country's domestic currency for purchasing goods and services, it simplifies transactions and promotes economic activity. For instance, when a consumer buys groceries at a local store, they use their domestic currency, which ensures that the transaction is recognized and accepted within that country. This system fosters trust and efficiency in the marketplace.Moreover, domestic currency is essential for setting monetary policy. Central banks, such as the Federal Reserve in the United States, control the supply of domestic currency to influence inflation and interest rates. By adjusting the amount of domestic currency in circulation, central banks can either stimulate economic growth or cool down an overheating economy. This ability to manage domestic currency is crucial for maintaining a stable financial environment.The value of domestic currency can also fluctuate based on various factors, including inflation, interest rates, and foreign exchange dynamics. A strong domestic currency can benefit consumers by making imported goods cheaper, while a weaker domestic currency may boost exports by making them more competitively priced abroad. For example, if a country's domestic currency weakens against the dollar, its products may become more attractive to foreign buyers, potentially increasing export volumes.However, reliance on domestic currency can also pose risks. In times of economic crisis, a nation's domestic currency may depreciate sharply, leading to hyperinflation and loss of purchasing power. Countries like Zimbabwe have experienced this phenomenon, where the value of their domestic currency collapsed, resulting in severe economic consequences for the population. Such scenarios highlight the importance of sound fiscal and monetary policies to protect the integrity of domestic currency.Furthermore, globalization has introduced complexities to the concept of domestic currency. With the rise of cryptocurrencies and digital payment systems, the traditional notion of domestic currency is being challenged. While these new forms of currency offer innovative solutions for transactions, they also raise questions about regulation, security, and the future role of domestic currency in the economy.In conclusion, the significance of domestic currency cannot be overstated. It is a fundamental component of any economy, influencing everything from daily transactions to national monetary policy. As we continue to navigate an increasingly interconnected world, understanding the role and implications of domestic currency will be essential for individuals, businesses, and governments alike. By recognizing the importance of domestic currency, we can better appreciate its impact on our lives and the global economy as a whole.

在当今全球经济中,国内货币的概念在塑造一个国家的金融格局中发挥着至关重要的作用。国内货币是指由一个国家的政府发行并在其境内进行交易的法定货币,对于维持经济稳定和促进贸易至关重要。理解国内货币的含义可以帮助个人和企业应对复杂的金融世界。国内货币的主要功能之一是作为交换媒介。当公民使用他们国家的国内货币购买商品和服务时,这简化了交易并促进了经济活动。例如,当消费者在当地商店购买杂货时,他们使用的是国内货币,这确保了交易在该国被认可和接受。这个系统在市场上促进了信任和效率。此外,国内货币对于设定货币政策至关重要。中央银行,例如美国的联邦储备银行,控制国内货币的供应以影响通货膨胀和利率。通过调整流通中的国内货币数量,中央银行可以刺激经济增长或冷却过热的经济。这种管理国内货币的能力对于维持稳定的金融环境至关重要。国内货币的价值也可能因通货膨胀、利率和外汇动态等各种因素而波动。强劲的国内货币可以使消费者受益,因为进口商品变得更便宜,而较弱的国内货币可能通过使出口产品在国外更具竞争力来促进出口。例如,如果一个国家的国内货币相对于美元贬值,其产品可能对外国买家更具吸引力,从而潜在地增加出口量。然而,依赖于国内货币也可能带来风险。在经济危机时期,一个国家的国内货币可能会急剧贬值,导致恶性通货膨胀和购买力下降。像津巴布韦这样的国家经历了这种现象,其国内货币的价值崩溃,给民众带来了严重的经济后果。这些情景突显了健全财政和货币政策的重要性,以保护国内货币的完整性。此外,全球化给国内货币的概念带来了复杂性。随着加密货币和数字支付系统的兴起,传统的国内货币概念正受到挑战。虽然这些新形式的货币为交易提供了创新的解决方案,但它们也引发了关于监管、安全和未来国内货币在经济中角色的问题。总之,国内货币的重要性不容小觑。它是任何经济体的基本组成部分,影响着从日常交易到国家货币政策的方方面面。随着我们继续在日益互联的世界中航行,理解国内货币的角色和意义对于个人、企业和政府来说都是必不可少的。通过认识到国内货币的重要性,我们可以更好地欣赏它对我们生活和全球经济的整体影响。

相关单词

domestic

domestic详解:怎么读、什么意思、用法

currency

currency详解:怎么读、什么意思、用法