As large amounts of dollars flow into China through net exports and foreign investment the Chinese central bank must buy up these dollars at the pegged exchange rate.

由于大量美元通过净出口和外国投资的形式流入中国，中国央行必须按盯住的汇率买进这些美元。

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Under long time settlement foreign exchange system, enterprise ability is low in adjusting foreign exchange net cash, fluctuation of exchange rate result in a great loss of net cash.

在长期实行的结售汇制定下，企业调整外汇净头寸的能力非常差，汇率波动对净头寸造成的损失是巨大的。

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These are unleveraged rates, which mean that with 10 times leverage, for example, net of any exchange rate changes, the interest income would be that much higher.

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The IOF will be charged at the rate of 1% on the adjusted notional value, acquisition, sale or maturity of financial derivative contracts whose liquidation value is affected by exchange rate variations and result in increase of net short exposure in relation to the calculated end of the previous business day, within the same institution authorized to record derivative contracts.

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