managed currency

简明释义

购买力由政府控制的货币

英英释义

例句

1.In a managed currency regime, the government plays a significant role in determining exchange rates.

在管理货币体制中，政府在确定汇率方面发挥重要作用。

2.A managed currency can help prevent extreme fluctuations in a country's economy.

一个管理货币可以帮助防止一个国家经济的极端波动。

3.Countries with a managed currency often intervene in the foreign exchange market to stabilize their economy.

拥有管理货币的国家通常会干预外汇市场以稳定经济。

4.The central bank decided to adopt a managed currency system to control inflation rates.

中央银行决定采用管理货币制度以控制通货膨胀率。

5.Investors often look for signs that a country is moving towards a managed currency approach.

投资者通常会寻找一个国家是否正在向管理货币方法转变的迹象。

作文

In the realm of international finance, the concept of managed currency plays a crucial role in shaping economic policies and influencing global trade. A managed currency refers to a currency that is regulated by a country's government or central bank to stabilize its value against other currencies. This approach contrasts with a free-floating currency system, where the market determines the value based solely on supply and demand. The primary goal of a managed currency is to maintain economic stability, control inflation, and foster sustainable growth. One of the most significant advantages of a managed currency is that it allows governments to intervene in the foreign exchange market to prevent excessive fluctuations in their currency's value. For instance, if a country's currency is rapidly appreciating, making exports more expensive and less competitive, the government can take measures to devalue the currency, thus supporting local businesses and maintaining export levels. Conversely, if a currency is depreciating too quickly, leading to inflation and increased costs for imports, the government can stabilize the currency through various means, such as adjusting interest rates or using foreign reserves.Countries that adopt a managed currency system often have specific mechanisms in place to ensure that their currency remains within a certain range relative to other currencies. This can involve setting a target exchange rate or a band within which the currency is allowed to fluctuate. Through these measures, governments can create a more predictable economic environment, which is beneficial for both domestic and foreign investors. Investors tend to favor stable currencies because they reduce the risk associated with currency fluctuations, making it easier to plan for future investments and expenditures.However, managing a currency is not without its challenges. Governments must carefully balance their interventions to avoid creating distortions in the market. Over-managing a currency can lead to inefficiencies and may prompt retaliatory actions from other countries, potentially sparking trade wars. Furthermore, if a government is perceived to be manipulating its currency unfairly, it can lead to tensions with trading partners and affect international relations. The effectiveness of a managed currency system also depends on the overall economic conditions of a country. For example, during times of economic crisis, such as a recession or financial instability, the pressures on a managed currency can increase dramatically. In such cases, governments may find themselves forced to make difficult decisions about whether to maintain their currency's value or allow it to float freely to reflect market realities.In conclusion, the concept of managed currency is an essential aspect of modern economic policy. It provides governments with the tools necessary to stabilize their economies and promote growth while navigating the complexities of global trade. Understanding the implications and mechanics of a managed currency is vital for anyone interested in international finance, as it highlights the delicate balance between market forces and governmental intervention in shaping economic outcomes. As the world continues to evolve, the role of managed currency will undoubtedly remain a pivotal topic in discussions surrounding economic strategy and global cooperation.

在国际金融领域，管理货币的概念在塑造经济政策和影响全球贸易方面发挥着至关重要的作用。管理货币是指由国家政府或中央银行调控的货币，以稳定其相对于其他货币的价值。这种方法与自由浮动货币体系形成对比，在自由浮动体系中，货币的价值完全由市场根据供需关系决定。管理货币的主要目标是保持经济稳定、控制通货膨胀并促进可持续增长。管理货币的一个显著优势在于，它允许政府干预外汇市场，以防止其货币价值过度波动。例如，如果一个国家的货币迅速升值，使出口变得更加昂贵且竞争力下降，政府可以采取措施使货币贬值，从而支持本国企业并维持出口水平。相反，如果货币贬值过快，导致通货膨胀和进口成本增加，政府可以通过各种手段（如调整利率或使用外汇储备）来稳定货币。采用管理货币体系的国家通常会设定特定机制，以确保其货币相对于其他货币保持在一定范围内。这可能涉及设定目标汇率或允许货币波动的区间。通过这些措施，政府可以创造出更可预测的经济环境，这对国内外投资者都是有利的。投资者往往偏好稳定的货币，因为这减少了与货币波动相关的风险，使他们更容易规划未来的投资和支出。然而，管理货币并非没有挑战。政府必须仔细平衡其干预，以避免在市场中造成扭曲。过度管理货币可能导致低效，并可能引发其他国家的报复行为，潜在地引发贸易战。此外，如果政府被视为不公平地操纵其货币，可能会导致与贸易伙伴之间的紧张关系，并影响国际关系。管理货币体系的有效性还取决于国家的整体经济状况。例如，在经济危机时期，如衰退或金融不稳定，管理货币面临的压力可能会大幅增加。在这种情况下，政府可能发现自己被迫做出艰难的决定：是维持货币价值还是允许其自由浮动以反映市场现实。总之，管理货币的概念是现代经济政策的重要方面。它为政府提供了必要的工具，以稳定经济并促进增长，同时在全球贸易的复杂性中导航。理解管理货币的含义和机制对于任何对国际金融感兴趣的人来说都是至关重要的，因为它突显了市场力量与政府干预之间在塑造经济结果方面的微妙平衡。随着世界的不断发展，管理货币的角色无疑将继续成为经济战略和全球合作讨论中的关键话题。