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Chinese dictionary
n.fixed (exchange) rate
固定汇率体系
fixed-exchange-rate system
固定汇率机制令一个国家陷入收支失衡的危机。
A country's fixed exchange rate led it into a balance of payments crisis.
放弃固定汇率的经济风险比很多中国人笃信的要小。
The economic risks in abandoning the peg are smaller than many in Beijing believe.