Currently there exist different combinations of floating and fixed exchange rate systems, together with specific economical instruments, created for exchange rate regulating.

目前存在的不同组合的浮动和固定汇率制度，创造了特定的经济工具进行汇率调整。

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This process helps explain why equity and house prices reached peaks in recent years that were unknown under fixed exchange-rate systems.

这一进程有助于解释为何公司的普通股和房地产价格在近年来达到顶点，且这些现象在固定汇率体系下是未曾出现过的。

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The history of world exchange rate systems shows us that the world community (in its majority) has in fact shifted from the system of fixed exchange rates to floating exchange rate system.

世界汇率制度的历史告诉我们，世界各地的社区(在多数)事实上已经从固定汇率制转向浮动汇率制度。

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Like other fixed exchange-rate systems, currency boards prevent governments from setting their own interest rates.

ECONOMIST: The ABC of a currency board

This process helps explain why equity and house prices reached peaks in recent years that were unknown under fixed exchange-rate systems.

ECONOMIST: The link between exchange rates and asset markets