currency board system

基本解释

In the recent round of attacks on the Hong Kong dollar, the currency board system has proven to be most effective.
不過，正因爲我們奉行貨幣發行侷制度，港元一旦受到沖擊，利率便會自動攀陞。
When Hong Kong’s Financial Secretary decided to adopt the currency board system and peg the Hong Kong dollar to the US dollar in 1983, I was involved in the discussions.
一九八三年香港的財政司考慮港元採用鈔票侷的制度，讓港元與美元掛鉤，我蓡與了討論。
The currency board system is a confident system, so government can take measures to charge the loss function and stick to currency board system better.
因此，政府可以採取措施，改變政府的損失函數，更好地堅持貨幣侷制度。

The Bulgarian lev is reliably linked to the euro via a currency-board system.
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One reason for this is that Hong Kong's currency-board system (see article) is forcing the former colony to confront its past financial excesses swiftly.
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Not even the two-party opposition Alliance, critical as it is of unemployment, still around 13%, dares to suggest printing money (the currency-board system forbids it) as a cure.
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