幣值波動 的英文怎麼說
中文拼音 [bìzhíbōdòng]
幣值波動
英文
currency fluctuation-
Government ' s monopoly of capital market also leaded to the " shell " value of listed company which is irrelative to the company ' s invest value, which made the higher general price in the market. in addition to, the structure of investors which is consisting of many individual investors and few institution investors lets it easy to manipulate the stock market for the institution investors. according to the origins of the systematic risk, it is necessary to improve the market mechanism and market efficiency to eliminate the system root of the risk to decrease the risks
突出地表現在:資本市場服務于國企轉制,造成上市公司股權結構存在缺陷,致使公司治理失效,上市公司缺乏持續發展的能力,公司經營風險轉化為市場的系統性風險;政府對資本市場準入的行政性壟斷,形成上市公司「殼」價值,虛高股票市場價格,引發系統性風險;金融市場分割,特別是貨幣市場資金缺乏進入資本市場的正常渠道,利率市場化水平低,影響金融資產定價,導致違規融資盛行,加大了市場風險;而由於市場監管不到位,以散戶為主的投資主體結構,則易導致機構大戶利用內幕信息操縱股價,機構投資者的發展不僅沒有成為穩定市場的力量,反而成為操縱市場的主力,加劇了市場波動。Currency movements are partly to blame
幣值的波動要承擔部分的責任。Considerable fluctuations in the value of silver against gold gave hong kong a variable, and often volatile, exchange relationship with the gold - based currencies, such as the pound sterling. this contributed to the severe financial and economic crisis that hit hong kong in the early 1890s
由於白銀兌黃金的價值異常波動,所以香港貨幣兌英鎊等其他金本位貨幣的匯價時有變動,而且波幅甚大,引發1890年代初香港發生嚴峻的金融和經濟危機。Of course we could have chosen to find our way out by abandoning the link, by letting the hong kong dollar depreciate as it came under attack, to wait and see what would happen. but this would have been blinding ourselves to the lessons of past setbacks and the wishes of the community
當然我們可以抱姑且一試的心態,放棄聯匯,試試任由幣值大幅波動會有甚麼後果,但這樣做不但是罔顧歷史的教訓和公眾的意願,更等於拿香港的經濟和市民的財產作賭注。Currency riskrisk that the value of a currency will by negatively affected in the event of an unfavorable movement in rates of exchange
貨幣風險由於外匯匯率的負面波動而對貨幣價值產生影響的風險。This paper analyzes on the impact of interest marketing on the banks, and probes into the currency risk faced by the banks because of the rmb appreciation and the increasing of fluctuation
分析了利率市場化對銀行的沖擊,探討了人民幣升值預期和波動性增加使銀行面臨的貨幣風險。But the eventual economic and political effects of the revaluation will depend on how far and how fast the yuan moves from now on
但重估幣值可能帶來的經濟和政治影響取決於人民幣在今後的波動幅度和速率。In this case, no matter rmb appreciate and maintain the present exchange rate to the outside, will bring some profound level changing and fluctuation difficult to controls to economy of our country
在這種情況下,無論人民幣對外升值還是維持當前匯率,都會給我國經濟帶來一些深層次變化和難以駕馭的波動。But what about the risk of currency fluctuation
不過對于幣值波動的風險你怎麼處理?Workforce shortages, and interest rate, oil price, and currency fluctuations can also impact your bottom line
勞動力不足、利率、油價和幣值波動也會對你的盈利底線造成沖擊。On the other hand the real effective value of asian currencies typically depreciated as a globally weakening dollar carried currencies with nominal dollar parities or modest appreciation against the dollar along with it. china china s exports accelerated to 35 percent yy growth, up from 5 percent yy in the previous half - year
另一方面,受全球美元日漸疲軟的牽動,實行名義美元匯率平價的貨幣隨之波動,其他貨幣對美元的匯率適度升值,亞洲貨幣的實際有效價值因此下降。Had the three refinements not been introduced, the hong kong dollar would have been a much more popular proxy for market participants to take speculative positions on the renminbi
若沒有推出這些優化措施,市場人士可能更多利用港元作為炒賣人民幣升值的工具,而市場對人民幣匯率看法的轉變,可能令本港貨幣狀況更為波動。When analyzing the conditions of monetary cooperation, the dissertation compares east asia with ecu region and south america on financial and exchange rate policies first, and then discusses 6 basic cooperating conditions completely. these conditions are : ( 1 ) the industry and trade related rate and economic open rate among east asia countries ; ( 2 ) diversity degree of products in the region ; when countries in the region can meet the condition of " diversity of low degree products ", operating monetary cooperation may have significant in reality ; ( 3 ) consistence of member states " economy period and symmetry of financial relation among member states ; ( 4 ) inflation rate ' s similarity among member states ; ( 5 ) coordination on policy among member states ; ( 6 ) support of a hard currency in the region. without a hard currency ' s support, monetary cooperation will be destroyed easily by outer speculating capital because of limitation of economy and store capital in the region
在對東亞貨幣合作可行性條件進行分析時,本文首先對東亞和其它貨幣合作區域的金融及匯率制度進行分析,以確定東亞地區在貨幣合作階段上所處的位置;然後對實施東亞貨幣合作的六大基礎條件進行了詳細的論述和分析,分別是門)區域內成員間的產業與貿易關聯度,其值越高,貨幣合作的收益越大:區域內各成員的經濟開放度,外貿依存度較高則合作收益明顯: ( 2 )區域內產品的多樣化程度,當區域內成員符合「低程度產品多樣化」的條件時,實行貨幣一體化以抵禦外部沖擊才具有現實意義; ( )區域內各成員之間經濟周期波動的一致性,區域內成員的金融關系及受外界沖擊的對稱性; ( 4 )區域內各成員間通貨膨脹率的相似性; ( 5 )區域內各成員在政治上的協調性; ( 6 )區域內強勢貨幣的支持,缺乏強勢貨幣的支持而建立起來的貨幣同盟會因整體經濟實力和儲備資產的限制而難以擺脫外部投機資本的沖擊。Among asia ' s main currencies, the won has shown the highest volatility against the yen this year, appreciating 9 per cent between the end of july and the end of october
今年,在亞洲的各主要貨幣中,韓元兌日元的波動是最高的,從7月底至10月底,韓元升值9 % 。On the base of above all, the article puts the exchange intervene to the whole of internal and external economic balance to discuss the harmony between exchange rate policy and internal monetary and financial policy, and makes the conclusion that our central bank should widen the range of exchange rate waving, loose the exchange control generally, devalue the rmb to cooperate the internal monetary and financial policy. as to external economy, the author thinks our central bank should enhance the cooperation with the international economy, and describes the relationship between the exchange intervention and our country ' s join in wto. the relationship between the exchange intervention and the opening of our country ' s capital item
在此基礎上,文章將央行外匯干預置於一國經濟內外均衡的統一整體中,討論了央行外匯干預的匯率政策與國內貨幣、財政政策之間的協調,指出我國應放寬匯率波動區域、逐步放鬆外匯管制,適時進行本幣貶值以配合擴張的財政政策和適度寬松的貨幣政策解決我國目前的經濟問題;對外,文章指出央行干預外匯應加強與國際經濟的合作,並討論了外匯干預和我國加入wto及資本項目開放的關系。After using three methods of estimating equilibrium of money supply, we can draw these conclusions : ( 1 ) the money gap presented business cycle character from 1978 to 2004. ( 2 ) from 1994, the fluctuated extent of money gap decreased, which means the efficiency of monetary policy raised steadily. ( 3 ) the money gap has the forecast function of extreme in business cycle
本文採用均衡產出決定法、周期趨勢消除法和貨幣供給增長率推演算法分別測算1978 - 2004年我國的貨幣缺口,結果表明: ( 1 )在過去的27年中,貨幣缺口變化呈現出周期性特徵; ( 2 ) 1994年以後貨幣缺口的波動幅度變窄,表明貨幣政策調控的效果逐步提高; ( 3 )貨幣缺口對經濟周期的峰值具有預警功能。The first chapter gives a profound analysis of the overall formation and main characteristics of money supply fluctuation and points out that the real formation and main characteristics of money supply fluctuation is scientifically defined, the guidelines for analysis of money supply cyclical fluctuation are scientifically determined, the first - hand date of the essential guidelines are scientifically processed
第一章首先界定了波動的意義,並從統計學的角度分析了貨幣供應的波動情況。文中明確指出,貨幣供應波動研究的重點是貨幣供應的周期波動,涉及的數據資料主要有1952 - 2001年中國的貨幣供應量和國內生產值,其中貨幣供應量選擇m2 。Then the sharp reversal came, in the context of the political pressure to appreciate the renminbi, or introduce greater flexibility in the determination of its exchange rate
接,受到人民幣升值或擴闊匯率波動幅度的政治壓力的影響,情況突然扭轉。Secondly, the paper tests the relation between the volatilities of the stock returns and macroeconomic cyclical variables by using granger - causality test and the hendry general - to - specific modelling strategy. we find that such factors we choose here as the volatilities of the value added of industry, the money supply, consumer price index, interest rates and exports, imports have influence on the volatility of the stock returns to some extent
然後應用格蘭傑因果關系檢驗和韓德瑞的從一般到特殊的建模理論,同時測試股票市場收益率的條件波動率與宏觀經濟變量的條件波動率的相互關系,發現工業生產增加值、貨幣供給量、消費者價格指數以及進出口額的條件波動率等經濟指標對我國股票市場收益率波動率都在不同程度上有影響。In the early 70 " s, the usd - centred international currency svstem collapsedo and the majority of western countries began to carrv out the floating - rate svstem. thus the rate fluctucates frequently subject to no limits. for example, the l ' sd rate once jumped to a very high point and then dropped down again during the 80 " s
70年代初期,以美元為中心的國際貨幣體系崩潰以後,西方主要國家先後實行了浮動匯率制度。從此,匯率的變化不再受什麼約束,波動頻繁。比如1985年2月以後的三、四年間,美元匯率從高峰急劇而持續下降,貶值達50以上, 1989年又一度大幅回升。分享友人