It is China's policy to establish a managed floating exchange rate regime.

实行有管理的浮动汇率制度是中国既定政策。

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When a floating exchange rate proves to be an irritant rather than an emollient, fixing it once and for all has greater appeal.

当浮动汇率证实为刺激物而非软化剂，将汇率彻底的固定有着更大的吸引力。

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China establishes a managed floating exchange rate regime based on market demand and supply with reference to a basket of currencies.

中国实施的是以市场供求为基础、参考一篮子货币进行调节、有管理的浮动汇率制度。

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She also introduced a floating exchange rate regime and lifted controls on currency trading.

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It is more flexible (with a floating exchange rate) and its central bank is still soundly run.

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By devaluing a currency in a floating exchange rate environment, the result is that trade booms and foreign reserves balloon.

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