effective exchange rate

简明释义

实际汇率

英英释义

The effective exchange rate is a measure of the value of a currency against a basket of other currencies, adjusted for the relative importance of those currencies in international trade.

有效汇率是衡量一种货币相对于一篮子其他货币的价值,并根据这些货币在国际贸易中的相对重要性进行调整的指标。

例句

1.The government aims to maintain a stable effective exchange rate 有效汇率 to foster economic growth.

政府旨在维持稳定的有效汇率 effective exchange rate以促进经济增长。

2.Changes in the effective exchange rate 有效汇率 can lead to inflationary pressures in the economy.

在经济中,有效汇率 effective exchange rate的变化可能导致通货膨胀压力。

3.Investors closely monitor the effective exchange rate 有效汇率 to assess the competitiveness of exports.

投资者密切关注有效汇率 effective exchange rate,以评估出口的竞争力。

4.A rising effective exchange rate 有效汇率 can indicate a stronger currency, which may impact tourism.

上升的有效汇率 effective exchange rate可能表明货币走强,这可能会影响旅游业。

5.The central bank announced a new policy to stabilize the effective exchange rate 有效汇率 of the national currency.

中央银行宣布了一项新政策,以稳定国家货币的有效汇率 effective exchange rate

作文

The concept of the effective exchange rate is crucial for understanding the dynamics of international trade and finance. An effective exchange rate, often abbreviated as EER, represents a weighted average of a country's currency relative to a basket of other major currencies. This measure provides a more comprehensive view of a currency's value and competitiveness in the global market than bilateral exchange rates alone. By taking into account the trade relationships and the volume of trade with each country, the effective exchange rate allows policymakers and economists to assess how changes in currency value affect trade balances and economic stability.One of the primary reasons for using the effective exchange rate is that it reflects the overall strength of a currency against multiple currencies rather than just one. For instance, if a country has a strong bilateral exchange rate with the United States but weak rates with other trading partners, the overall impact on its economy may not be accurately represented if only the U.S. dollar exchange rate is considered. The effective exchange rate helps to mitigate this issue by providing a broader perspective.Moreover, fluctuations in the effective exchange rate can have significant implications for inflation and monetary policy. A rising effective exchange rate can make imports cheaper, which might lead to lower inflation rates. Conversely, a declining effective exchange rate can increase the cost of imports, potentially leading to higher inflation. Central banks closely monitor these changes to adjust their monetary policies accordingly, aiming to maintain economic stability.In addition to its role in trade and monetary policy, the effective exchange rate is also vital for investment decisions. Investors often look at the effective exchange rate to gauge the attractiveness of investing in a particular country. A stable or appreciating effective exchange rate can signal a robust economy, encouraging foreign direct investment. On the other hand, a depreciating effective exchange rate may deter investors due to concerns over economic instability or potential losses.Furthermore, the effective exchange rate can influence a country's debt levels. Countries with significant foreign debt exposure must pay attention to their effective exchange rate because depreciation can increase the local currency cost of servicing foreign-denominated debt. Therefore, understanding the effective exchange rate is essential for both government officials and private sector leaders to navigate the complexities of the global economy.In conclusion, the effective exchange rate serves as a pivotal indicator in the fields of economics and finance. It encapsulates the relative strength of a currency in a comprehensive manner, aiding in the analysis of trade, inflation, investment, and debt management. As globalization continues to shape our economic landscape, a thorough understanding of the effective exchange rate will empower nations and businesses to make informed decisions that contribute to sustainable growth and stability in an interconnected world.

有效汇率的概念对于理解国际贸易和金融的动态至关重要。有效汇率(通常缩写为EER)代表一个国家的货币相对于一篮子其他主要货币的加权平均值。这个指标提供了比单边汇率更全面的货币价值和在全球市场上竞争力的视角。通过考虑与每个国家的贸易关系和贸易量,有效汇率使政策制定者和经济学家能够评估货币价值变化对贸易平衡和经济稳定的影响。使用有效汇率的主要原因之一是它反映了货币相对于多种货币的整体强度,而不仅仅是与一种货币的关系。例如,如果一个国家与美国的双边汇率强劲,但与其他贸易伙伴的汇率较弱,仅考虑美元汇率可能无法准确反映其经济的整体影响。有效汇率有助于缓解这个问题,提供更广泛的视角。此外,有效汇率的波动可能对通货膨胀和货币政策产生重大影响。上升的有效汇率可以使进口变得更便宜,从而可能导致较低的通货膨胀率。相反,下降的有效汇率可能会增加进口成本,潜在地导致更高的通货膨胀。中央银行密切关注这些变化,以便相应地调整其货币政策,旨在维持经济稳定。除了在贸易和货币政策中的作用外,有效汇率对于投资决策也至关重要。投资者常常查看有效汇率来评估投资特定国家的吸引力。稳定或升值的有效汇率可以表明经济强劲,鼓励外国直接投资。另一方面,贬值的有效汇率可能由于对经济不稳定或潜在损失的担忧而阻碍投资者。此外,有效汇率还会影响一个国家的债务水平。对外债务暴露较大的国家必须关注其有效汇率,因为贬值可能增加以本地货币偿还外币债务的成本。因此,理解有效汇率对于政府官员和私营部门领导者在应对全球经济复杂性时至关重要。总之,有效汇率在经济和金融领域是一个关键指标。它以综合的方式概括了货币的相对强度,有助于分析贸易、通货膨胀、投资和债务管理。随着全球化继续塑造我们的经济格局,深入理解有效汇率将使各国和企业能够做出明智的决策,从而促进可持续增长和在互联世界中的稳定。