1.
These reform measures subjected this crucial part of the monetary base to the discipline of the currency board arrangement and strengthened the linked exchange rate system.
这些改革措施使货币基础至关重要的部分受到货币发行局制度约束，巩固了联系汇率制度。
2.
Under the currency board system, Hong Kong dollar exchange rate stability is maintained through an interest rate adjustment mechanism.
在货币发行局制度下，港元汇率通过利率调节机制得以维持稳定。
3.
Thus, that part of the monetary base represented by the clearing balances of the banking system was initially not subject to the discipline imposed by a currency board system.
因此，货币基础中银行体系结算余额的部分，最初并不受货币发行局制度的规则约束。
4.
Thus that part of the monetary base represented by the clearing balance of the banking system was initially not subject to the discipline imposed by a currency board system.
因此，货币基础中银行体系结算余额的部分，最初并不受货币发行局制度约束。
5.
Macroeconomic Effect of Currency Board System;
货币发行局制度的宏观经济效应——以中国香港和阿根廷为分析个案
6.
The linked exchange rate system is a currency board system, which theoretically requires the monetary base to be backed by a foreign currency at a fixed exchange rate.
香港的联系汇率制度是一种货币发行局制度，规定货币基础必须以一种外币按照固定汇率作出支持。
7.
However, because of the currency board system we operate, interest rates will be pushed up automatically if the Hong Kong Dollar comes under attack.
不过，正因为我们奉行货币发行局制度，港元一旦受到冲击，利率便会自动攀升。
8.
In the recent round of attacks on the Hong Kong dollar, the currency board system has proven to be most effective.
当港元面对最近一轮的冲击时，货币发行局制度证明能有效发挥作用。
9.
The Government is fully committed to maintaining the linked exchange rate system and adheres to the strict discipline under the currency board system.
政府致力维持联系汇率制度，并严格遵守货币发行局的规则。
10.
The system regarding the issue of Macao currency and the reserve fund system shall be prescribed by law.
澳门货币的发行制度和准备金制度，由法律规定。
11.
The Creation of Currency and the Surplus between Deposits and Loans;
信用货币制度下的货币创造与银行存贷差额
12.
Currency Risk and Market Expectation under Currency Board System--A Discussion of Hong Kong s Experience;
货币局制度货币风险与市场预期——兼谈香港的实践
13.
Monetary policy: The decisions a monetary authority makes to manage the money supply.
货币政策：货币当局为控制货币供应做出的决定。
14.
The HKMA pursues a policy of transparency to ensure that the financial industry and the wider public are fully informed of the currency board operations.
金管局的政策力求高度透明，使金融界和广大市民能充分了解货币发行局的运作情况。
15.
Control RMB Exchange Rate Reform Properly: A Behavioral Economics Analysis Based on Currency Substitution in China;
人民币汇率改革应该控制速度与强度——从我国货币替代问题出发的行为经济学分析
16.
It contracts when the foreign currency is bought from the currency board (outflow from Hong Kong dollars).
反之，每当有人从货币发行局购入外币(即资金流出港元)，货币基础便会收缩。
17.
It contracts when the foreign currency is bought from the currency board (outflow from the Hong Kong dollar).
反之，如有人从货币发行局购入外币(即资金流出港元)，货币基础便会收缩。
18.
In addition, the size of the monetary base and its components are published on a daily basis, while the Currency Board Account is published on a monthly basis.
此外，金管局又每日公布货币基础及其组成部分的数字，并每月公布货币发行局帐目。