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1·Britain's policy brass tend to see a flexible exchange rate as a useful safety valve.

英国的政策基调倾向于把弹性汇率当作有用的安全阀。

2·Some steps can prepare the way for China's transition to a flexible exchange rate.

一些举措可以为中国向灵活汇率机制过渡做准备。

3·And a country cannot control its monetary policy unless it accepts a more flexible exchange rate.

一个国家只有采取更具弹性的汇率制度才能控制金融政策。

4·Without a more flexible exchange rate, there is a growing risk that China's sizzling economy will boil over .

没有一个更为灵活的汇率，是有越来越大的风险，中国的炒热经济将烧开了。

5·RMB exchange rate no longer pegged to the U. S. dollar and formed a more flexible exchange rate formation mechanism.

人民币汇率不再盯住美元，形成了更有弹性的汇率形成机制。

6·More and more countries had exited from the pegged exchange rate regimes and adopted more flexible exchange rate regimes.

很多国家不断退出盯住汇率制度，实行更加灵活的汇率制度。

7·Policy makers in mid-June said they would allow the yuan to move beyond its narrow band and trade at a more flexible exchange rate.

政策制定者在6月中旬说，他们将允许人民币突破窄幅波动区 间，汇率将更加灵活。

8·Floating or Flexible exchange rate This refers to rate of exchange between one currency and others that is permitted to vary or float according to market forces.

浮动汇率或灵活汇率浮动汇率是指一种货币和另一种货币的交换比率，而且根据各种市场因素允许这种货币的交换比率发生变化或浮动。

9·China says it will gradually adopt a more flexible exchange rate policy, to keep its economy growing, but the yuan has strengthened only about 2.5 percent in recent months.

中国表示将逐步采取更加有弹性的汇率政策，保持经济增长。但是过去的几个月，人民币仅仅增值了2.5%。

10·Likewise, China is foolish to resist a more flexible exchange rate partly because it does not want to be seen as caving in to America's demands, when it is in its own interest.

同样地，中国也不聪明——当它自己有利可图，只部分地出于不想被视为屈服美国的要求的想法，从而就抵制更具弹性的汇率机制。