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💗 · 2025年06月20日

peg to a basket of currencies

NO.PZ2023010401000162

问题如下:

In the classification of currency regimes, a currency board system (CBS) most likely differs from a fixed-rate parity system in that:

选项:

A.a CBS has a discretionary target level of foreign exchange reserves.

B.a CBS can peg to a basket of currencies but a fixed-rate system cannot.

C.the monetary authority within a CBS does not act as a traditional lender of last resort.

解释:

In a CBS, the monetary authority has an obligation to maintain 100% foreign currency reserves against the monetary base. It thus cannot lend to troubled financial institutions. As long as the country under a fixed-parity regime maintains its exchange peg, the central bank can serve as a lender of last resort.

中文解析:

在CBS中,货币当局有义务保持100%的外汇储备。因此,它无法向陷入困境的金融机构提供贷款。只要在固定汇率制度下的国家保持汇率挂钩,央行就可以充当最后贷款人。

B选项说的应该是什么制度呢

1 个答案

品职助教_七七 · 2025年06月21日

嗨,从没放弃的小努力你好:


B选项类似conventional fixed peg arrangement。

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