Global Purchasing Power View of Exchange Risk
从全球购买力角度重新审视汇率风险，指出主要货币汇率波动加剧和价格水平不稳定要求更根本地理解汇率风险，对国际投资者和政策制定者有参考价值。
The recent experience of increased volatility of exchange rates among major currencies coupled with highly unstable price levels necessitates a more fundamental understanding of exchange risk. This necessity is further enhanced by the increased internationalization of consumption, investment, and other aspects of economic activity.