When the macro picture started to deteriorate there was a mechanism, a weak exchange rate.
当宏观环境开始恶化的时候，存在一种机制，即疲软的汇率。
The choice of buying-selling exchange mechanism is important to the exchange rate.
结售汇制的选择是一国汇率制度的重要内容。
This paper explores the issue of RMB exchange rate formation mechanism.
本文对人民币汇率形成机制问题进行了较为深入的探讨与研究。
This paper explores the issue of RMB exchange rate formation mechanism.
本文对人民币汇率形成机制问题进行了较为深入的探讨与研究。
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