narrow exchange rate margin; narrow band

简明释义

小差距汇率幅度

英英释义

例句

1.During times of economic uncertainty, countries often adopt a narrow exchange rate margin to protect their economies.

在经济不确定时期，各国通常采取狭窄的汇率区间来保护其经济。

2.The government announced a policy to keep the narrow exchange rate margin to boost investor confidence.

政府宣布了一项政策，以保持狭窄的汇率区间以增强投资者信心。

3.A narrow band allows for more predictability in international trade.

一个狭窄区间使国际贸易更加可预测。

4.Investors prefer currencies that operate within a narrow band as it reduces volatility.

投资者更喜欢在狭窄区间内运作的货币，因为这减少了波动性。

5.The central bank decided to maintain a narrow exchange rate margin to stabilize the currency.

中央银行决定维持一个狭窄的汇率区间以稳定货币。

作文

In the world of international finance, exchange rates play a crucial role in determining the value of currencies against one another. One concept that is often discussed in this context is the idea of a narrow exchange rate margin; narrow band. This term refers to the limited range within which a currency's exchange rate is allowed to fluctuate. Such a framework is particularly significant for countries that seek to maintain economic stability and predictability in their financial systems.When a country adopts a narrow exchange rate margin; narrow band, it essentially commits to keeping its currency's value within a specific range relative to another currency or a basket of currencies. This approach can help to minimize volatility and prevent drastic fluctuations that could lead to economic instability. For example, countries with fixed or pegged exchange rate systems often implement narrow bands to ensure that their currencies do not deviate significantly from the target rate.The advantages of maintaining a narrow exchange rate margin; narrow band are manifold. Firstly, it can foster investor confidence, as the predictability of exchange rates makes it easier for businesses to plan their operations and investments. When companies know that the value of their currency will not swing wildly, they are more likely to engage in trade and investment activities, which can stimulate economic growth.Moreover, a narrow exchange rate margin; narrow band can also help to control inflation. By stabilizing the currency, governments can prevent imported goods from becoming excessively expensive due to fluctuating exchange rates. This stability is particularly important for countries that rely heavily on imports for essential goods and services.However, while there are clear benefits to maintaining a narrow exchange rate margin; narrow band, there are also challenges associated with this strategy. One major concern is that it can limit a country's monetary policy flexibility. When a government commits to keeping its currency within a narrow band, it may have to intervene in foreign exchange markets to defend the value of its currency, which can deplete foreign reserves. Additionally, if the economy experiences significant shocks, such as a sudden drop in exports or an increase in inflation, maintaining the narrow band may become increasingly difficult.Furthermore, countries that adopt a narrow exchange rate margin; narrow band must be vigilant about external economic conditions. Changes in the global economy, such as shifts in interest rates or economic downturns in major trading partners, can put pressure on the currency and make it challenging to maintain the desired exchange rate. In some cases, countries may have to abandon their narrow bands altogether, leading to significant currency depreciation or appreciation.In conclusion, the concept of a narrow exchange rate margin; narrow band is essential for understanding how countries manage their currencies in the global market. While it offers benefits such as increased stability and investor confidence, it also comes with challenges that policymakers must navigate carefully. As the world becomes increasingly interconnected, the ability to maintain a stable exchange rate within a narrow band will continue to be a critical aspect of economic management for many nations.

在国际金融的世界中，汇率在确定货币相互之间的价值方面发挥着至关重要的作用。在这种背景下，狭窄的汇率区间；狭窄的带宽这一概念经常被讨论。这个术语指的是货币汇率被允许波动的有限范围。这种框架对于寻求在其金融系统中保持经济稳定和可预测性的国家尤为重要。当一个国家采用狭窄的汇率区间；狭窄的带宽时，它本质上承诺将其货币的价值保持在相对于另一种货币或一篮子货币的特定范围内。这种方法可以帮助最小化波动性，防止可能导致经济不稳定的剧烈波动。例如，采用固定或挂钩汇率制度的国家通常会实施狭窄的区间，以确保其货币不会显著偏离目标汇率。维持狭窄的汇率区间；狭窄的带宽的好处是多方面的。首先，它可以促进投资者信心，因为汇率的可预测性使企业更容易规划其运营和投资。当公司知道其货币的价值不会剧烈波动时，它们更有可能参与贸易和投资活动，这可以刺激经济增长。此外，狭窄的汇率区间；狭窄的带宽还可以帮助控制通货膨胀。通过稳定货币，政府可以防止由于汇率波动而导致进口商品过于昂贵。这种稳定性对于依赖进口必需品的国家尤其重要。然而，尽管维持狭窄的汇率区间；狭窄的带宽有明显的好处，但这一策略也面临着挑战。其中一个主要问题是，它可能限制一个国家的货币政策灵活性。当政府承诺将其货币保持在狭窄的区间内时，可能不得不干预外汇市场以维护货币的价值，这可能会消耗外汇储备。此外，如果经济经历重大冲击，例如出口突然下降或通货膨胀上升，维持狭窄的区间可能会变得越来越困难。此外，采用狭窄的汇率区间；狭窄的带宽的国家必须警惕外部经济条件。全球经济的变化，例如利率的变化或主要贸易伙伴经济的衰退，可能会对货币施加压力，使维持所需汇率变得具有挑战性。在某些情况下，国家可能不得不完全放弃其狭窄的区间，导致货币大幅贬值或升值。总之，狭窄的汇率区间；狭窄的带宽的概念对于理解国家如何在全球市场中管理其货币至关重要。虽然它提供了如增加稳定性和投资者信心等好处，但它也伴随着政策制定者必须仔细应对的挑战。随着世界日益相互联系，维持在狭窄区间内的稳定汇率的能力将继续成为许多国家经济管理的关键方面。