In recent years, RMB's nominalexchange rate deviates obviously the equilibrium exchange rate, and international shouts to revalue RMB are more and more high.
近年来我国名义汇率偏离均衡汇率的失调程度加大，国际上对我国人民币升值的呼声也越来越高。
2
If they should decide to reduce the current account surplus, should they allow faster appreciation of the nominalexchange rate or overheating and faster inflation?
如果他们决定减少经常账户盈余，那么他们是否应该允许名义汇率更快上升，或是经济过热和通胀加速？
3
The real exchange rate adjusts the nominalexchange rate-the one you normally see quoted-by taking into account changes in the price levels in the two countries involved.