There were massive devaluations of several currencies.
有几种货币大幅贬值。
Current economic pressures have led to wide-scale devaluations of assets such as commercial mortgage-backed securities.
当前的经济压力已经致使类似商业住房抵押贷款证券这类金融资产大幅贬值.
Currency devaluations are the moment when protectionism gets nasty.
保护主义最严重的症状就是货币贬值.
Indeed, as the world goes into a severe economic downturn, the threat of beggar-thy-neighbour devaluations becomes acute, as in the 1930s.
事实上,随着世界步入严重的经济衰退,上世纪30年代那种以邻为壑的货币贬值威胁变得严峻起来。
Two closely related scourges played a central role in the collapse of world trade in the1930s: protectionism and beggar-thy-neighbor currency devaluations.
1930年代国际贸易的崩溃和两个因素密切相关:贸易保护主义,以及操纵货币汇率使其相对其于他国家币值更低。
That way lies competitive devaluations and trade wars.
这条道路的前方埋藏着竞争性贬值和贸易战.
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