exchange intervention

简明释义

外汇管理当局对外汇市场的干预

英英释义

例句

1.The central bank announced an exchange intervention to stabilize the national currency.

中央银行宣布进行外汇干预以稳定国家货币。

2.During times of economic uncertainty, governments often resort to exchange intervention to protect their currencies.

在经济不确定时期，政府常常采取外汇干预来保护其货币。

3.Analysts are debating whether the recent exchange intervention was necessary.

分析师们正在讨论最近的外汇干预是否必要。

4.Investors closely watch for signs of exchange intervention in the forex market.

投资者密切关注外汇市场中外汇干预的迹象。

5.The effectiveness of exchange intervention can vary depending on market conditions.

根据市场情况，外汇干预的有效性可能有所不同。

作文

In the world of finance and economics, the term exchange intervention refers to actions taken by a country's central bank or government to influence the value of its currency in the foreign exchange market. This can be done through various means, such as buying or selling currencies, adjusting interest rates, or implementing monetary policies aimed at stabilizing or boosting the economy. The primary goal of exchange intervention is to maintain economic stability and prevent excessive fluctuations in currency values that could harm trade and investment. For instance, when a country's currency appreciates too rapidly, making its exports more expensive, the central bank may decide to intervene. By selling its own currency and buying foreign currency, the central bank can help lower the value of its currency, making exports more competitive on the global market. Conversely, if a currency depreciates too quickly, leading to inflation and increased import costs, the central bank might buy its own currency to strengthen it. The effectiveness of exchange intervention can vary depending on several factors, including the size of the intervention, market perceptions, and the overall economic conditions. In some cases, interventions can have a significant impact, while in others, they may be less effective due to market forces that are beyond the control of any single entity. Moreover, exchange intervention can also lead to debates about the ethical implications of manipulating currency values. Critics argue that such interventions can lead to unfair advantages in international trade, while proponents believe that they are necessary tools for maintaining economic stability. In conclusion, exchange intervention plays a crucial role in the management of a country's economy. It allows governments and central banks to take proactive measures in response to currency fluctuations, thereby protecting their economies from potential shocks. Understanding the nuances of exchange intervention is essential for anyone interested in the dynamics of global finance and trade. As economies become increasingly interconnected, the importance of effective exchange intervention will only continue to grow, shaping the future of international economic relations.

在金融和经济的世界中，术语汇率干预指的是一个国家的中央银行或政府采取的行动，以影响其货币在外汇市场上的价值。这可以通过多种方式实现，例如买入或卖出货币、调整利率或实施旨在稳定或促进经济的货币政策。汇率干预的主要目标是维护经济稳定，防止货币价值的过度波动，这可能会对贸易和投资造成伤害。例如，当一个国家的货币过快升值，使其出口变得更加昂贵时，中央银行可能会决定进行干预。通过出售自己的货币并购买外币，中央银行可以帮助降低其货币的价值，使出口在全球市场上更具竞争力。相反，如果货币贬值过快，导致通货膨胀和进口成本增加，中央银行可能会购买自己的货币以加强其价值。汇率干预的有效性可能因多个因素而异，包括干预的规模、市场的看法以及整体经济条件。在某些情况下，干预可能会产生显著的影响，而在其他情况下，由于市场力量超出了任何单一实体的控制，干预可能效果较差。此外，汇率干预还可能引发关于操纵货币价值的伦理问题的争论。批评者认为，这种干预可能导致国际贸易中的不公平优势，而支持者则认为，它们是维持经济稳定所必需的工具。总之，汇率干预在管理一个国家经济中发挥着至关重要的作用。它允许政府和中央银行在面对货币波动时采取主动措施，从而保护他们的经济免受潜在冲击。理解汇率干预的细微差别对于任何对全球金融和贸易动态感兴趣的人来说都是必不可少的。随着经济的日益互联，有效的汇率干预的重要性只会继续增长，塑造国际经济关系的未来。