exchange control

简明释义

外汇管理

英英释义

Exchange control refers to the regulations and restrictions imposed by a government on the buying and selling of foreign currencies and the transfer of funds across borders.

外汇管制是指政府对外币的买卖以及跨境资金转移所施加的法规和限制。

例句

1.The government implemented strict exchange control 外汇管制 measures to stabilize the economy.

政府实施了严格的exchange control 外汇管制措施以稳定经济。

2.The central bank relaxed its exchange control 外汇管制 policies to encourage foreign investment.

中央银行放宽了其exchange control 外汇管制政策,以鼓励外国投资。

3.Due to exchange control 外汇管制, citizens are limited in how much foreign currency they can purchase.

由于exchange control 外汇管制,公民在购买外币时受到限制。

4.Businesses must comply with exchange control 外汇管制 regulations when trading internationally.

企业在进行国际贸易时必须遵守exchange control 外汇管制规定。

5.Investors are wary of countries with strict exchange control 外汇管制 as it limits capital mobility.

投资者对那些实行严格exchange control 外汇管制的国家感到警惕,因为这限制了资本流动。

作文

In today's globalized economy, the concept of exchange control is increasingly relevant. Exchange control refers to the restrictions imposed by a government on the buying and selling of foreign currencies. These controls can take various forms, including limits on the amount of currency that individuals or businesses can purchase, requirements for obtaining government approval before engaging in foreign transactions, and regulations that dictate how much foreign currency can be held by residents. The primary purpose of exchange control is to stabilize a nation's currency and manage its foreign reserves. Countries implement exchange control for several reasons. One of the most common motivations is to protect the national economy from excessive volatility in the foreign exchange market. For instance, if a country's currency is subject to rapid depreciation due to external factors such as political instability or economic downturns, the government may impose exchange control measures to prevent further decline and to maintain public confidence in the national currency.Additionally, exchange control can help governments manage their balance of payments. A negative balance of payments occurs when a country spends more on foreign trade than it earns, leading to a depletion of foreign reserves. By controlling the flow of foreign currency, governments can mitigate this issue and ensure that they have enough reserves to meet international obligations, such as paying off debts or importing essential goods.However, while exchange control can provide short-term stability, it can also lead to long-term economic challenges. For example, strict exchange control measures can discourage foreign investment, as investors may be wary of entering markets where their ability to convert profits back into their home currency is restricted. This can stifle economic growth and innovation, ultimately harming the very economy that the controls were designed to protect.Moreover, exchange control can create a black market for foreign currencies. When official channels are limited, individuals and businesses may turn to unofficial means to obtain foreign currency, often at inflated rates. This not only undermines the government's efforts to regulate the economy but can also lead to significant losses for individuals who are forced to engage in these risky transactions.In conclusion, exchange control is a complex and multifaceted issue that reflects the delicate balance between maintaining economic stability and encouraging growth. While it can serve as a tool for governments to manage their currencies and foreign reserves, it is essential to consider the potential drawbacks. Policymakers must approach exchange control with caution, ensuring that any measures implemented do not hinder the long-term health of the economy. Ultimately, the goal should be to create an environment where currency flows freely, fostering economic growth and stability while protecting the interests of the nation and its citizens.

在当今全球化经济中,外汇管制的概念越来越相关。外汇管制是指政府对外币买卖施加的限制。这些管制可以采取多种形式,包括对个人或企业购买货币的数量限制、在进行外部交易之前需要获得政府批准的要求,以及规定居民可以持有多少外币的法规。外汇管制的主要目的是稳定国家货币并管理其外汇储备。各国实施外汇管制有多种原因。其中一个最常见的动机是保护国家经济免受外汇市场过度波动的影响。例如,如果由于政治不稳定或经济下滑等外部因素导致一个国家的货币快速贬值,政府可能会实施外汇管制措施以防止进一步下降,并维护公众对国家货币的信心。此外,外汇管制可以帮助政府管理其国际收支。当一个国家在外贸上支出超过收入时,会出现负的国际收支,这将导致外汇储备的减少。通过控制外币流动,政府可以缓解这一问题,确保他们拥有足够的储备来满足国际义务,如偿还债务或进口必需品。然而,尽管外汇管制可以提供短期稳定,但它也可能导致长期经济挑战。例如,严格的外汇管制措施可能会抑制外国投资,因为投资者可能会对进入那些限制其将利润转换回本国货币的市场感到担忧。这可能会扼杀经济增长和创新,最终损害这些管制旨在保护的经济。此外,外汇管制可能会导致黑市的形成。当官方渠道受到限制时,个人和企业可能会转向非官方手段来获得外币,通常以高于官方汇率的价格。这不仅削弱了政府调节经济的努力,还可能导致参与这些高风险交易的个人遭受重大损失。总之,外汇管制是一个复杂而多面的议题,反映了维持经济稳定与促进增长之间的微妙平衡。虽然它可以作为政府管理货币和外汇储备的工具,但必须考虑潜在的缺点。政策制定者必须谨慎对待外汇管制,确保实施的任何措施不会妨碍经济的长期健康。最终,目标应是创造一个货币自由流动的环境,促进经济增长和稳定,同时保护国家及其公民的利益。