pegged parity

简明释义

钉住的平价

英英释义

例句

1.Investors often look for currencies with a strong pegged parity 固定平价 to minimize risk.

投资者通常寻找具有强大pegged parity 固定平价的货币以最小化风险。

2.Countries may choose to adopt a pegged parity 固定平价 system to control inflation.

国家可能选择采用pegged parity 固定平价制度来控制通货膨胀。

3.A pegged parity 固定平价 can help a country maintain competitive pricing in international markets.

一个pegged parity 固定平价可以帮助一个国家在国际市场上保持竞争价格。

4.In the foreign exchange market, the currency is often maintained at a pegged parity 固定平价 to stabilize trade.

在外汇市场中，货币通常保持在一个pegged parity 固定平价以稳定贸易。

5.The central bank announced that it would maintain the pegged parity 固定平价 of its currency against the US dollar.

中央银行宣布将维持其货币对美元的pegged parity 固定平价。

作文

In the world of finance and economics, the term pegged parity refers to a fixed exchange rate between two currencies. This system is designed to stabilize the value of a currency by tying it to another, more stable currency or a basket of currencies. The concept of pegged parity can be understood through its implications for international trade, investment, and economic policy. Countries often adopt a pegged system to maintain economic stability and encourage foreign investment. For instance, if a country pegs its currency to the US dollar, it can help reduce the volatility associated with currency fluctuations, making it easier for businesses to plan their operations and for investors to assess risks. However, maintaining a pegged parity can also pose challenges. If the economy of the country experiencing a pegged exchange rate diverges significantly from that of the anchor currency, it may lead to imbalances. For example, if the pegged currency becomes overvalued, it can hurt exports by making them more expensive for foreign buyers. Conversely, an undervalued pegged currency can lead to excessive imports, which may harm local industries. Furthermore, central banks must actively manage their foreign reserves to maintain the pegged parity. This often involves buying or selling currencies in the foreign exchange market to counteract any pressures that might cause the pegged rate to fluctuate. In some cases, countries may face speculative attacks on their currency, where investors bet against the ability of the central bank to maintain the peg. Such scenarios can lead to significant financial crises, as seen in the case of the Thai baht in 1997. Despite these challenges, many countries continue to use a pegged system as a tool for economic management. The success of a pegged parity arrangement largely depends on the economic conditions of both the pegging country and the anchor currency's country. For example, smaller economies often find it beneficial to peg their currencies to larger, more stable economies to gain credibility in the international market. In conclusion, while pegged parity can provide stability and predictability in currency valuation, it requires careful management and consideration of broader economic factors. Understanding this concept is crucial for anyone interested in global economics and finance, as it plays a significant role in shaping international trade dynamics and investment strategies.

在金融和经济的世界中，术语pegged parity指的是两种货币之间的固定汇率。该系统旨在通过将一种货币与另一种更稳定的货币或一篮子货币挂钩来稳定货币的价值。pegged parity的概念可以通过其对国际贸易、投资和经济政策的影响来理解。国家通常采用挂钩制度以维持经济稳定并鼓励外国投资。例如，如果一个国家将其货币与美元挂钩，它可以帮助减少与货币波动相关的波动性，使企业更容易规划运营，投资者更容易评估风险。然而，维持pegged parity也可能带来挑战。如果经历挂钩汇率的国家的经济与锚定货币的经济显著背离，可能会导致失衡。例如，如果挂钩货币被高估，它可能通过使出口对外国买家更昂贵而损害出口。相反，低估的挂钩货币可能导致过度进口，从而可能伤害当地产业。此外，中央银行必须积极管理其外汇储备以维持pegged parity。这通常涉及在外汇市场上买入或卖出货币，以抵消任何可能导致挂钩汇率波动的压力。在某些情况下，国家可能会面临对其货币的投机攻击，投资者押注于中央银行维持汇率的能力。这种情况可能导致重大的金融危机，正如1997年泰国铢的案例所示。尽管面临这些挑战，许多国家仍然继续将挂钩制度作为经济管理的工具。pegged parity安排的成功在很大程度上取决于挂钩国和锚定货币国的经济条件。例如，小型经济体常常发现将其货币与较大、更稳定的经济体挂钩，从而在国际市场上获得信誉是有利的。总之，尽管pegged parity可以提供货币估值的稳定性和可预测性，但它需要仔细管理并考虑更广泛的经济因素。理解这一概念对于任何对全球经济和金融感兴趣的人来说都是至关重要的，因为它在塑造国际贸易动态和投资策略方面发挥着重要作用。