Given these other factors and the limited usefulness of a higher currency it would be bold to bet on another big revaluation.
考虑到这些因素,以及货币升值的有限益处,押注人民币的再次大幅升值,将是一种冒失的做法。
Deflation is caused by shortage in currency supplying far less to meet the need of circulation of commodities, which caused currency revaluation and market prices keeping going down accordingly.
通货紧缩就是由于货币供应量过少,远远不能满足市场商品流通的正常需要,从而引起货币升值、市场物价水平持续下跌的一种现象。
Meanwhile, changes in the local-foreign currency interest rate spread in 2007 and expectations of a RMB revaluation aggravated the disequilibrium in the balance of payments.
同时,2007年本外币利差变化、人民币升值预期,一定程度上扩大了国际收支的不平衡状况。
So,it's part of the global package and I expect that in the coming years this revaluation of Asian currency will take place reflecting the rapid growth in Asia, the important yield that capital inflow can find in Asia,and altogether, the increasing weight of Asia in the global economy."
VOA: standard.2009.11.13
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