Given these other factors and the limited usefulness of a higher currency it would be bold to bet on another big revaluation.
考虑到这些因素,以及货币升值的有限益处,押注人民币的再次大幅升值,将是一种冒失的做法。
2
Deflation is caused by shortage in currency supplying far less to meet the need of circulation of commodities, which caused currencyrevaluation and market prices keeping going down accordingly.
Meanwhile, changes in the local-foreign currency interest rate spread in 2007 and expectations of a RMB revaluation aggravated the disequilibrium in the balance of payments.