银本位制是国际金融史上最早、最纯粹的浮动汇率制。

Silver standard is the earliest and sheer floating exchange rate system in the international finance history.

全球化背景下浮动汇率制将以货币联盟的形式向固定汇率制复归。

In the background of globalization, the float exchange rate system will return to the fixed one,...

我国现存的“有管理的浮动汇率制”实质上是一种固定汇率制。

Our existing managed floating exchange rate system is actually fixed exchange rate system.

或许我们从这过去的40年里所得到的教训就是：无论是固定汇率制还是浮动汇率制，它们都不能包治百病。

Perhaps the lesson of the past 40 years is that neither a fixed nor a floating-rate system is a panacea.