Currency crisis

（重定向自Balance of payments crisis）

A currency crisis is when serious doubt exists as to whether a country's central bank has sufficient foreign exchange reserves to maintain the country's fixed exchange rate. The crisis is often accompanied by a speculative attack in the foreign exchange market. A currency crisis results from chronic balance of payments deficits, and thus is also called a balance of payments crisis. Often such a crisis culminates in a devaluation of the currency.

单词	Balance of payments crisis
释义	Balance of payments crisis 原声例句 BBC 听力 2018年10月合集 Pakistan says it's decided to approach the International Monetary Fund for a bailout to tackle its mounting balance of payments crisis. 巴基斯坦表示决定求助国际货币基金组织，申请救助计划以解决国际收支危机。英语百科 Currency crisis （重定向自Balance of payments crisis） A currency crisis is when serious doubt exists as to whether a country's central bank has sufficient foreign exchange reserves to maintain the country's fixed exchange rate. The crisis is often accompanied by a speculative attack in the foreign exchange market. A currency crisis results from chronic balance of payments deficits, and thus is also called a balance of payments crisis. Often such a crisis culminates in a devaluation of the currency.
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