upper limit of exchange rate fluctuation

简明释义

外汇汇率浮动最高限度

英英释义

The maximum permissible change in the value of a currency relative to another currency within a specified period, often set by a regulatory authority.

在特定时间内,货币相对于另一种货币的最大允许变动幅度,通常由监管机构设定。

例句

1.Investors are concerned that exceeding the upper limit of exchange rate fluctuation 汇率波动的上限 could lead to significant losses.

投资者担心超出汇率波动的上限 upper limit of exchange rate fluctuation可能会导致重大损失。

2.The central bank intervened when the currency approached the upper limit of exchange rate fluctuation 汇率波动的上限.

当货币接近汇率波动的上限 upper limit of exchange rate fluctuation时,中央银行进行了干预。

3.Companies must be aware of the upper limit of exchange rate fluctuation 汇率波动的上限 when planning international transactions.

公司在规划国际交易时必须注意汇率波动的上限 upper limit of exchange rate fluctuation

4.The government has set an upper limit of exchange rate fluctuation 汇率波动的上限 to stabilize the economy.

政府设定了一个汇率波动的上限 upper limit of exchange rate fluctuation以稳定经济。

5.The financial report highlighted risks associated with the upper limit of exchange rate fluctuation 汇率波动的上限.

财务报告强调了与汇率波动的上限 upper limit of exchange rate fluctuation相关的风险。

作文

In the world of finance and international trade, understanding currency exchange rates is crucial for businesses and investors alike. One important concept that often comes up in discussions about currency stability is the upper limit of exchange rate fluctuation. This term refers to the maximum range within which a currency's value can vary against another currency over a specified period. For instance, if the upper limit of exchange rate fluctuation is set at 5%, it means that the currency cannot appreciate or depreciate beyond this threshold without triggering certain economic mechanisms or interventions. The significance of the upper limit of exchange rate fluctuation lies in its ability to provide predictability in financial transactions. Businesses engaging in international trade rely on stable exchange rates to price their goods and services accurately. When a currency fluctuates wildly, it can lead to significant losses or gains, making it difficult for companies to plan their budgets and forecast revenues. By establishing an upper limit of exchange rate fluctuation, governments and financial authorities aim to reduce uncertainty and create a more stable trading environment.Moreover, the upper limit of exchange rate fluctuation plays a vital role in monetary policy. Central banks monitor exchange rates closely and may intervene when they believe that fluctuations are too extreme. For example, if a currency is rapidly appreciating and exceeds the upper limit of exchange rate fluctuation, it could harm exporters by making their goods more expensive for foreign buyers. In such cases, central banks might take measures such as adjusting interest rates or directly intervening in the forex market to stabilize the currency.Another aspect to consider is how the upper limit of exchange rate fluctuation affects foreign investment. Investors are generally more inclined to invest in countries where they perceive lower risks associated with currency fluctuations. If a country has a well-defined upper limit of exchange rate fluctuation, it signals to investors that the government is committed to maintaining stability, thus enhancing investor confidence. This, in turn, can lead to increased foreign direct investment, which is essential for economic growth.However, there are challenges associated with setting an upper limit of exchange rate fluctuation. If the limit is too rigid, it may prevent the currency from adjusting naturally to market conditions. This can lead to imbalances in the economy, such as trade deficits or surpluses. Additionally, maintaining the upper limit of exchange rate fluctuation requires constant monitoring and intervention, which can be resource-intensive for governments and central banks.In conclusion, the upper limit of exchange rate fluctuation is a critical tool in managing currency stability and ensuring a predictable environment for international trade and investment. While it offers numerous benefits, including reduced risk for businesses and enhanced investor confidence, it also poses challenges that require careful consideration. Ultimately, finding the right balance in setting these limits is essential for fostering a healthy economic landscape in an increasingly interconnected world.

在金融和国际贸易的世界中,理解货币汇率对企业和投资者来说至关重要。一个经常出现在关于货币稳定性讨论中的重要概念是汇率波动的上限。这个术语指的是在特定时间内,一种货币相对于另一种货币的价值可以变化的最大范围。例如,如果汇率波动的上限设定为5%,这意味着该货币的升值或贬值不能超过这一阈值,否则将触发某些经济机制或干预。汇率波动的上限的重要性在于其能够为金融交易提供可预测性。参与国际贸易的企业依赖于稳定的汇率来准确地定价其商品和服务。当货币剧烈波动时,可能导致重大损失或收益,使公司难以规划预算和预测收入。通过建立汇率波动的上限,政府和金融当局旨在减少不确定性,创造一个更稳定的贸易环境。此外,汇率波动的上限在货币政策中也发挥着至关重要的作用。中央银行密切监测汇率,并可能在认为波动过于极端时进行干预。例如,如果一种货币迅速升值并超过了汇率波动的上限,这可能会损害出口商,因为他们的商品对外国买家来说变得更加昂贵。在这种情况下,中央银行可能采取措施,如调整利率或直接干预外汇市场,以稳定货币。另一个需要考虑的方面是汇率波动的上限如何影响外国投资。投资者通常更倾向于投资于他们认为货币波动风险较低的国家。如果一个国家有明确的汇率波动的上限,这向投资者发出了政府致力于保持稳定的信号,从而增强了投资者的信心。这反过来可以导致外国直接投资的增加,而外国直接投资对经济增长至关重要。然而,设定汇率波动的上限也面临挑战。如果限制过于严格,可能会阻止货币自然地适应市场条件。这可能导致经济失衡,例如贸易赤字或盈余。此外,维持汇率波动的上限需要不断监测和干预,这可能对政府和中央银行而言是资源密集型的。总之,汇率波动的上限是管理货币稳定性和确保国际贸易与投资可预测环境的重要工具。虽然它带来了许多好处,包括降低企业风险和增强投资者信心,但也带来了需要仔细考虑的挑战。最终,在设定这些限制时找到合适的平衡,对于在日益互联的世界中促进健康的经济格局至关重要。

相关单词

upper

upper详解:怎么读、什么意思、用法

fluctuation

fluctuation详解:怎么读、什么意思、用法