管理通货政策 managed currency policy
- 这股资金热流的衰退使得中央银行能够更加容易的管理货币政策,因为它可以控制其资金冻结的操作——印制人民币来购买流入的美元,然后对国有银行发行国库券来吸收过剩的人民币,以控制通货膨胀。
The decline in hot inflows will make it easier for the central bank to manage monetary policy since it can scale back its sterilisation operations—printing yuan to buy up all those incoming dollars, then issuing domestic bonds to banks to mop up the extra yuan and thus hold down inflation.
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