And a country cannot control its monetary policy unless it accepts a more flexible exchange rate.
一个国家只有采取更具弹性的汇率制度才能控制金融政策。
2
Changes in the existing exchange-rate policy could lead to explosive speculative capital inflows, which would make it harder for the central bank to control money supply, argues the report.
报告称,现行汇率政策的变化可能导致大量投机性资本涌入,这将使得央行调控货币供应更加困难。
3
Of course not. Each country has its own exchangecontrol laws and policy.