 | |  | | G7 Status Quo leads to usual dollar selling
Boca Raton FX Statement. Feb 6-7 2004
We reaffirm that exchange rates should reflect economic fundamentals. Excess volatility and disorderly movements in exchange rates are undesirable for economic growth. We continue to monitor exchange markets closely and cooperate as appropriate. In this context, we emphasize that more flexibility in exchange rates is desirable for major countries or economic areas that lack such flexibility to promote smooth and widespread adjustments in the international financial system, based on market mechanisms.
我们重申,汇率应该反映经济基本面。汇率过度的不稳定和无秩序的移动对经济的增长是不利的。我们将继续紧密关注市场并进行适度的合作。在这里我们强调,主要的国家和缺乏汇率弹性的经济区域需要保持更多的汇率弹性,以促进在市场机制的基础上的国际金融制度的平稳发展和宏观调节。
Dubai FX Statement. Sep 20-21 2003
We reaffirm that exchange rates should reflect economic fundamentals. We continue to monitor exchange markets closely and cooperate as appropriate. In this context, we emphasize that more flexibility in exchange rates is desirable for major countries or economic areas to promote smooth and widespread adjustments in the international financial system, based on market mechanisms.
我们重申汇率应该反映经济基本面,我们将继续紧密关注市场并进行适度的合作。在这里我们强调,主要的国家和缺乏汇率弹性的经济区域需要保持更多的汇率弹性,以促进在市场机制的基础上的国际金融制度的平稳发展和宏观调节。
注意:两段话的差别仅在于多了一句话(下划线部分)
英文水平不好,请高手指教。 |  |  |  |  |
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