currency devaluation

简明释义

货币贬值

英英释义

例句

1.Many businesses struggled to cope with the effects of currency devaluation on their pricing strategies.

许多企业难以应对货币贬值对其定价策略的影响。

2.The government announced a significant currency devaluation, causing panic among investors.

政府宣布了大幅度的货币贬值，引发了投资者的恐慌。

3.After the currency devaluation, imported goods became much more expensive.

在货币贬值后，进口商品变得更加昂贵。

4.The currency devaluation led to an increase in inflation rates across the country.

这次货币贬值导致全国通货膨胀率上升。

5.Investors are wary of countries that frequently experience currency devaluation.

投资者对那些经常经历货币贬值的国家持谨慎态度。

作文

Currency devaluation is a significant economic term that refers to the deliberate downward adjustment of the value of a country's currency relative to other currencies. This process can have profound implications for a nation's economy, affecting everything from inflation rates to international trade balances. Understanding the concept of currency devaluation (货币贬值) is crucial for grasping how global markets operate and how governments manage their economies.When a government decides to devalue its currency, it typically does so in response to economic challenges. For instance, if a country is facing a trade deficit—meaning it imports more than it exports—devaluing its currency can make its goods cheaper for foreign buyers. This can potentially boost exports, as foreign consumers find the local products more affordable. However, this strategy is not without risks. A sudden currency devaluation (货币贬值) can lead to increased inflation, as the cost of imported goods rises. This creates a complex balancing act for policymakers who must weigh the benefits of boosting exports against the potential downsides of rising prices domestically.One historical example of currency devaluation (货币贬值) is the case of the United Kingdom in 1967. Faced with a balance of payments crisis, the British government decided to devalue the pound by 14.3%. This move aimed to enhance the competitiveness of British goods abroad. While it did provide a temporary boost to exports, it also led to higher import prices, contributing to inflationary pressures in the economy. This illustrates that while devaluation can stimulate export growth, it can also complicate domestic economic conditions.Moreover, currency devaluation (货币贬值) can have far-reaching effects on the global economy. For instance, if a major economy like China were to devalue its currency, it could trigger competitive devaluations by other nations, leading to a 'race to the bottom.' This scenario can destabilize global markets and create uncertainty among investors. Consequently, many countries are cautious about pursuing aggressive devaluation strategies, as they understand the potential for widespread economic repercussions.In addition to its impact on trade, currency devaluation (货币贬值) can also influence foreign investment. A weaker currency may deter foreign investors who fear that their returns will diminish in value. Conversely, it can attract investment in certain sectors, particularly those focused on export-oriented industries. Investors often look for stability and predictability, and significant fluctuations in currency value can lead to hesitation in investment decisions.Ultimately, the decision to devalue a currency is a complex one that requires careful consideration of both domestic and international factors. Policymakers must assess the current economic landscape, including inflation rates, employment levels, and trade balances, before making such a significant move. Furthermore, they must communicate effectively with the public and the markets to manage expectations and mitigate any panic that might arise from such a decision.In conclusion, understanding currency devaluation (货币贬值) is essential for anyone interested in economics or global affairs. It represents a tool that governments can use to influence their economies, but it also carries risks that must be carefully managed. As the world becomes increasingly interconnected, the effects of one country's currency policies can ripple across borders, affecting economies worldwide. Therefore, staying informed about these dynamics is crucial for comprehending the complexities of our modern economic landscape.

货币贬值是一个重要的经济术语，指的是一个国家的货币相对于其他货币的价值的故意下调。这一过程可能对一个国家的经济产生深远的影响，影响从通货膨胀率到国际贸易平衡的方方面面。理解货币贬值（currency devaluation）的概念对于掌握全球市场的运作及政府如何管理其经济至关重要。当一个政府决定贬值其货币时，通常是为了应对经济挑战。例如，如果一个国家面临贸易逆差——即其进口超过出口——贬值其货币可以使其商品对外国买家更便宜。这可能会促进出口，因为外国消费者发现当地产品更加实惠。然而，这一策略并非没有风险。突然的货币贬值（currency devaluation）可能导致通货膨胀加剧，因为进口商品的成本上升。这为政策制定者创造了复杂的平衡局面，他们必须权衡促进出口的好处与国内价格上涨的潜在缺点。一个关于货币贬值（currency devaluation）的历史例子是1967年英国的案例。面对国际收支危机，英国政府决定将英镑贬值14.3%。这一举措旨在增强英国商品在国外的竞争力。虽然它确实为出口提供了暂时的推动，但也导致了进口价格上涨，给经济带来了通货膨胀压力。这说明了尽管贬值可以刺激出口增长，但也可能使国内经济状况复杂化。此外，货币贬值（currency devaluation）还可能对全球经济产生深远的影响。例如，如果像中国这样的主要经济体贬值其货币，可能会引发其他国家的竞争性贬值，导致“竞相贬值”的局面。这种情况可能会破坏全球市场的稳定，并在投资者中造成不确定性。因此，许多国家在追求激进的贬值策略时都很谨慎，因为他们理解潜在的广泛经济后果。除了对贸易的影响外，货币贬值（currency devaluation）还可以影响外国投资。较弱的货币可能会阻碍外国投资者，他们担心自己的回报会贬值。相反，它可能吸引对某些行业的投资，特别是那些专注于出口导向型产业的投资。投资者通常寻求稳定和可预测性，货币价值的重大波动可能会导致投资决策的犹豫。最终，贬值货币的决定是一个复杂的过程，需要仔细考虑国内和国际因素。政策制定者必须评估当前的经济形势，包括通货膨胀率、就业水平和贸易平衡，然后再做出如此重大的举措。此外，他们必须有效地与公众和市场沟通，以管理预期并减轻因这一决定而可能引发的恐慌。总之，理解货币贬值（currency devaluation）对于任何对经济或全球事务感兴趣的人来说都是至关重要的。它代表了政府可以用来影响其经济的一种工具，但它也伴随着必须小心管理的风险。随着世界日益互联，一个国家的货币政策的影响可能会跨越国界，影响全球经济。因此，了解这些动态对于理解我们现代经济格局的复杂性至关重要。