exchange equalization account

简明释义

汇兑平准帐户

英英释义

例句

1.The exchange equalization account plays a crucial role in managing exchange rate stability.

在管理汇率稳定方面，汇率平衡账户发挥着至关重要的作用。

2.By utilizing the exchange equalization account, the country was able to prevent excessive depreciation of its currency.

通过利用汇率平衡账户，该国能够防止其货币过度贬值。

3.Funds from the exchange equalization account are used to intervene in the foreign exchange market.

来自汇率平衡账户的资金用于干预外汇市场。

4.The central bank reported that the exchange equalization account had a positive balance this quarter.

中央银行报告称，本季度汇率平衡账户的余额为正。

5.The government established an exchange equalization account to stabilize the national currency during economic fluctuations.

政府建立了一个汇率平衡账户以在经济波动期间稳定国家货币。

作文

In the realm of international finance, the concept of an exchange equalization account is vital for maintaining stability in a country's currency. This account is designed to manage and mitigate fluctuations in exchange rates, thereby ensuring that a nation’s currency remains competitive in the global market. The primary function of an exchange equalization account is to intervene in the foreign exchange market by buying or selling currencies as needed. By doing so, it helps to prevent excessive volatility that could harm the economy. For instance, when a country’s currency is under pressure due to economic instability or political uncertainty, the central bank can utilize the exchange equalization account to stabilize the currency. This intervention can restore confidence among investors and traders, which is crucial for the overall economic health of the nation. Furthermore, it can help control inflation rates by managing the supply of money in circulation. The mechanics of an exchange equalization account are quite intricate. It operates as a reserve fund that holds various foreign currencies and assets. When the central bank identifies a need to stabilize the local currency, it can draw from this account to conduct transactions in the foreign exchange market. This proactive approach not only supports the local currency but also signals to international markets that the country is taking measures to protect its economic interests. Moreover, the effectiveness of an exchange equalization account largely depends on the credibility of the central bank and the overall economic environment. If investors perceive that the central bank is committed to maintaining currency stability, they are more likely to have confidence in the local currency. Conversely, if there are doubts about the central bank's ability to manage the exchange equalization account, it may lead to a loss of confidence, resulting in capital flight and further depreciation of the currency. In addition to stabilizing the currency, an exchange equalization account also plays a role in facilitating international trade. A stable currency is essential for exporters and importers as it reduces the risks associated with currency fluctuations. Businesses can plan better when they know that their costs and revenues will not be significantly affected by sudden changes in exchange rates. This predictability can lead to increased trade volumes and foster economic growth. However, the use of an exchange equalization account is not without its challenges. Central banks must be cautious about how much they intervene in the market. Excessive intervention can lead to artificial currency valuations, which may not be sustainable in the long run. Additionally, maintaining an exchange equalization account requires significant financial resources, and mismanagement can lead to depletion of reserves, putting the economy at risk. In conclusion, the exchange equalization account is a crucial tool for central banks in managing currency stability and fostering economic confidence. Its ability to intervene in the foreign exchange market helps to mitigate risks associated with currency fluctuations, thereby supporting international trade and economic growth. However, the success of such an account hinges on prudent management and the credibility of the central bank. As economies continue to evolve, the role of the exchange equalization account will remain significant in navigating the complexities of global finance.

在国际金融领域，汇率平衡账户的概念对于维护一个国家货币的稳定至关重要。该账户旨在管理和减轻汇率波动，从而确保一个国家的货币在全球市场中保持竞争力。汇率平衡账户的主要功能是通过根据需要买入或卖出货币来干预外汇市场。通过这样做，它有助于防止可能对经济造成伤害的过度波动。例如，当一个国家的货币因经济不稳定或政治不确定性而承受压力时，中央银行可以利用汇率平衡账户来稳定货币。这种干预可以恢复投资者和交易者的信心，这对国家的整体经济健康至关重要。此外，它还可以通过管理流通中的货币供应来控制通货膨胀率。汇率平衡账户的运作机制相当复杂。它作为一个储备基金，持有各种外币和资产。当中央银行发现需要稳定本国货币时，可以从该账户中提取资金，在外汇市场进行交易。这种主动的方式不仅支持本国货币，还向国际市场发出信号，表明该国正在采取措施保护其经济利益。此外，汇率平衡账户的有效性在很大程度上取决于中央银行的信誉和整体经济环境。如果投资者认为中央银行致力于维持货币稳定，他们更有可能对本国货币充满信心。相反，如果对中央银行管理汇率平衡账户的能力产生怀疑，可能会导致信心丧失，进而引发资本外逃和货币进一步贬值。除了稳定货币外，汇率平衡账户在促进国际贸易方面也发挥着作用。稳定的货币对出口商和进口商至关重要，因为它减少了与货币波动相关的风险。当企业知道他们的成本和收入不会受到汇率突然变化的显著影响时，他们可以更好地进行规划。这种可预测性可以导致贸易量的增加，并促进经济增长。然而，使用汇率平衡账户并非没有挑战。中央银行必须谨慎处理市场干预的程度。过度干预可能导致人为的货币估值，而这种估值在长期内可能不可持续。此外，维护汇率平衡账户需要大量的金融资源，管理不善可能导致储备耗尽，使经济面临风险。总之，汇率平衡账户是中央银行管理货币稳定和促进经济信心的重要工具。它在外汇市场的干预能力有助于减轻与货币波动相关的风险，从而支持国际贸易和经济增长。然而，这种账户的成功依赖于审慎的管理和中央银行的可信度。随着经济的不断发展，汇率平衡账户在应对全球金融复杂性方面的作用将继续显著。