How to Exit from the Pegged Exchange Rate Regime
如何从钉住汇率制度中退出
At this stage of growth, neither a pegged exchange rate nor subsidies are desirable.
在当前发展阶段,盯住汇率机制和补贴都不可取。
To control domestic inflation, the peso is overvalued and the exchange rate pegged to the dollar and floating.
为控制国内的通货膨胀,比索汇率被高估并与美元挂钩浮动。
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