support the exchange rate
简明释义
维持汇价
英英释义
To take actions or implement policies that help maintain or stabilize the value of a currency in relation to other currencies. | 采取行动或实施政策,以帮助维持或稳定一种货币相对于其他货币的价值。 |
例句
1.The central bank decided to support the exchange rate to prevent excessive volatility in the currency market.
中央银行决定支持汇率以防止货币市场的过度波动。
2.Analysts believe that foreign reserves can help support the exchange rate in times of economic uncertainty.
分析师认为,外汇储备可以在经济不确定时期帮助支持汇率。
3.In response to inflation, the bank intervened in the forex market to support the exchange rate.
为了应对通货膨胀,银行在外汇市场进行干预以支持汇率。
4.To maintain investor confidence, the government took measures to support the exchange rate during the economic crisis.
为了维持投资者信心,政府在经济危机期间采取措施支持汇率。
5.The country implemented strict monetary policies to support the exchange rate against foreign currencies.
该国实施严格的货币政策以支持汇率对抗外币。
作文
In today's global economy, the stability of a nation's currency is crucial for its economic health. One of the key strategies that governments and central banks employ to maintain this stability is to support the exchange rate. This action involves various monetary policies and interventions designed to prevent excessive fluctuations in the value of a currency relative to others. By doing so, they aim to foster investor confidence, encourage foreign investment, and promote trade balance. When a government decides to support the exchange rate, it usually does so through direct market intervention or by adjusting interest rates. For example, if a country's currency is depreciating rapidly, the central bank might step in by buying its own currency in exchange for foreign currencies, thereby increasing demand and stabilizing its value. This kind of intervention can help prevent inflation, which can occur when a currency loses value too quickly. Another method to support the exchange rate is through interest rate adjustments. Higher interest rates can attract foreign capital, as investors seek better returns on their investments. This influx of capital can lead to an appreciation of the currency, providing a buffer against potential economic downturns. Conversely, lowering interest rates can lead to depreciation, but it may also stimulate economic growth by encouraging borrowing and spending. However, supporting the exchange rate is not without its challenges. Continuous intervention can deplete a country's foreign reserves, which are crucial for maintaining economic stability. Additionally, if a government is perceived as artificially propping up its currency, it could lead to tensions with trading partners who may accuse it of unfair practices. Moreover, the effectiveness of these measures can vary depending on external factors such as global economic conditions, geopolitical events, and market sentiment. For instance, during times of economic uncertainty, even strong interventions may fail to support the exchange rate effectively if investors lose confidence in the overall economic outlook. In conclusion, supporting the exchange rate is a vital tool in a government's economic policy arsenal. While it can provide immediate relief from currency volatility and foster a stable economic environment, it must be used judiciously and in conjunction with other economic strategies. A balanced approach that considers both domestic needs and international pressures is essential for achieving long-term economic stability and growth.
在当今全球经济中,一个国家货币的稳定对于其经济健康至关重要。政府和中央银行采取的关键策略之一是支持汇率。这一行动涉及各种货币政策和干预措施,旨在防止货币相对于其他货币的价值发生过度波动。通过这样做,他们旨在促进投资者信心,鼓励外国投资,并促进贸易平衡。当一个国家决定支持汇率时,通常通过直接市场干预或调整利率来实现。例如,如果一个国家的货币正在快速贬值,中央银行可能会通过以外币购买自国货币来干预,从而增加需求并稳定其价值。这种干预可以帮助防止通货膨胀,因为当货币过快贬值时可能会发生通货膨胀。另一种支持汇率的方法是通过调整利率。较高的利率可以吸引外国资本,因为投资者寻求更好的投资回报。这种资本流入可以导致货币升值,为潜在经济衰退提供缓冲。相反,降低利率可能导致贬值,但也可能通过鼓励借贷和消费来刺激经济增长。然而,支持汇率并非没有挑战。持续的干预可能会耗尽一个国家的外汇储备,而外汇储备对于维护经济稳定至关重要。此外,如果一个政府被认为是在人为地支撑其货币,可能会导致与贸易伙伴之间的紧张关系,他们可能会指责其不公平做法。此外,这些措施的有效性可能因全球经济条件、地缘政治事件和市场情绪等外部因素而异。例如,在经济不确定时期,即使是强有力的干预措施,如果投资者对整体经济前景失去信心,也可能无法有效支持汇率。总之,支持汇率是政府经济政策工具箱中的一个重要工具。虽然它可以为货币波动提供即时缓解,并促进稳定的经济环境,但必须谨慎使用,并与其他经济策略结合。考虑国内需求和国际压力的平衡方法对于实现长期经济稳定和增长至关重要。
相关单词