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一、上世纪90年代全球汇率制度安排的变化特征从上世纪50年初开始,各国汇率制度安排一直沿袭着国际货币基金组织每年出版的《汇兑安排与汇兑限制年报》(Annual Report on Exchange Arrangements and Exchange Restrictions,简称AREAER)中的标准。大体上汇率制度安排有三种类型,即:(1)钉住单一货币或一篮子货币;(2)根据单一货币或一篮子货币确定的有限浮动;(3)更加灵活的汇率制度,包括独立浮动和有管理的浮动。
I. The Changing Characteristics of Global Exchange Rate System Arrangements in the 1990s Since the beginning of 1950s, the exchange rate arrangements of various countries have followed the annual report of Exchange Arrangements and Exchange published by the International Monetary Fund (IMF) Restrictions, AREAER for short). There are basically three types of arrangements for exchange rate regimes: (1) pinning a single currency or a basket of currencies; (2) limited floating based on a single currency or a basket of currencies; (3) a more flexible exchange rate system, including independent floating And managed floating.