The source of reserve accumulation has become much more volatile and perhaps intensely procyclical ( exaggerating the swings of the economic cycle).

  • 外汇储备增量的来源变得更加不稳定,或者是极具顺周期性(procyclical:即加强经济周期的起伏)。

  • 互联网摘选 2025-01-20 12:57:52

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