考研英语#考研究生英语美文赏读[3]#人民币 软妹币的

sailor

考研英语作为一门考研公共课，虽然大家都学了英语十几年，却仍经常有总分过线挂在英语上的情况，因此英语复习不单单是单词、做题。阅读作为考研英语的大头，仅仅做考研真题或许没法满足你的阅读量，因此小编之后会不定时推出一篇英文美文，这些文章都与考研英语阅读同源，多读必有好处。
►Finance and economics咨询QQ、微信：2544906、欧元、英镑和日元。
If lots of things were priced in SDRs， the IMF's decision would have forced companies around the world to buy yuan-denominated assets as soon as possible， to hedge their exposure.
因为许多事务都是以特别提款权作为定价的，IMF的决定迫使全球许多公司要尽快地购买以人民币计价的资产，以此来对冲风险。
That would have prompted China's currency to strengthen dramatically.
这将促使人民币大幅升值。
But few goods or services are priced in SDRs.
但是很少有商品或是服务是以特别提款权作为定价的。
Instead， admission to the currency club is significant mainly for its symbolism咨询QQ、微信：2544906的计价单位;比如说，有人建议将商品引入特别提款权以减少因美元波动而影响其价格。
But if China maintains its de facto peg to the dollar， the result of adding the yuan to the SDR will be to boost the dollar's weight in the basket， defeating the point.
但如果中国要是继续紧盯美元不放，那么人民币“入蓝”将会令美元币值暴增，一家独大，打破“篮子”里原有的平衡。
What would happen if China really did give the market the last word on the yuan?
如果中国真的给了人民币踏入市场前的临行忠告，那么将会发生什么呢?
For some time it has been under downward pressure.
人民币将会有一段时间的下行压力。
The simplest yardstick is the decline in China's foreign-exchange reserves， from a peak of nearly $4 trillion last year to just over $3.5 trillion now—a reflection， in part， of the PBOC's selling of dollars to support the yuan.
最简单的衡量标准就是中国的外汇储备在下降，从去年顶峰时的4万亿美元到如今的勉强3.5万亿美元——这就是反应。某种程度上，中国央行在抛售美元来支撑人民币。
Were it not for tighter capital controls since the summer， outflows might have been even bigger.
若不是今夏以来更为严格的资金管控，恐怕外流的外汇会更多。
And the yuan does look overvalued.
人民币被高估了。
Despite China's slowing economy， its continued link to the surging dollar has put it near an all-time high in trade-weighted terms， up by more than 13% in the past 18 months.
尽管中国经济放缓，但人民币继续与飙升的美元相挂钩，使其接近了贸易加权计算的历史高位，在过去的18个月里，同比增长超过13%。
With the Federal Reserve gearing up to start raising interest rates at the same time as China is loosening its monetary policy， the yuan looks likely to come under more downward pressure， at least against the dollar.
在美联储加紧启动提高利率的同时，中国放松了其货币政策，人民币兑美元可能至少会承受更多的下行压力。
It would be foolhardy to predict that China will suddenly give the market free rein.
中国会突然给市场以自由发挥的空间可能是鲁莽的预测。
That would go against its deep-seated preference for gradual reform.
那将会违背中国进行渐进式深入改革的偏好。
But while basking in the glow of its SDR status， China must also be aware of the responsibility to minimise intervention that comes with it.
但沉浸于特别提款权的荣光中，中国必须意识到对人民币干预最小化的责任也随之而来了。
A weaker yuan may well be the result.
其结果可能会出现人民币贬值。
1.thanks to 多亏;由于
例句咨询QQ、微信：2544906。