1.But recent history is full of cases where leaders waited too long, with unhappy consequences, to abandon a de facto exchange rate peg.
但是，近年来到处都可以看到这样的例子：领导人迟迟不肯放弃实际上的盯住汇率机制——后果都令人不快。
2.FOR months the rich world's policymakers have quietly pressed China to abandon its exchange-rate peg with the dollar.
几个月来，富国的决策者们一直悄无声息地向中国施压，使其放弃与美元挂钩的汇率。
3.Moreover, capital flows are increasingly entangled with global tensions over China's exchange rate peg.
此外，资本流动越来越与中国盯住汇率制引发的全球紧张局势纠结在一起。
4.RMB exchange rate peg no single $1, a more flexible RMB exchange rate mechanism.
人民币汇率不再盯住单1美元，形成更富弹性的人民币汇率机制。
5.In 1999 the exchange-rate peg was abandoned and the currency allowed to float, and the central bank was told to target inflation.
1999年，巴西放弃盯住汇率制，允许货币自由浮动，央行受命制订通胀指标。
6.Mr. Greenwood is the London-based chief economist at Invesco and was the architect of Hong Kong's fixed exchange-rate peg in 1983.
本文作者是总部在伦敦的Invesco公司首席经济学家，他是香港1983年制定港元联系汇率机制的架构师。