There are two broad types of exchange rate regimes: the Fixed exchange rate regime and the Flexible (Floating) Exchanges rate regime.

汇率制度可以分为两种类型：固定汇率制度和浮动汇率制度。然而实际上存在着多种不同的中间状态的汇率制度。

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The reputation mechanism of the exchange rate policy, has considered as the most convincing research idea about the current analyzing issue of the maintenance of the fixed exchange rate regime.

汇率政策信誉机制，被看作是当前分析固定汇率制可维持问题上最具说服力的一种研究思路。

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We argued that floating exchange rates would cause less disturbance than the fixed-rate regime.

我们认为，浮动汇率引发的动荡会比固定汇率少。

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In both countries, the new fixed-exchange-rate regime came to be seen as the end point of the reforms, rather than a prelude to broader structural adjustments.

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