Those higher interest rates paid by countries with large external deficits were supposed to compensate investors for the risk of currency depreciation.
这些对外经常项目大额赤字的国家用本币支付较高利率来补偿投资者的通货贬值的风险。
2
Meanwhile, the deep and direct dilemma of RMB purchasing power is between the internal depreciation and and external appreciation.