单选题 Directions: In this section, you will hear
three short passages. At the end of each passage, you will hear some questions.
The passages and the questions will be spoken only once. After you hear a
question, you must choose the best answer from the four choices marked A, B, C
and D. Then mark the corresponding letter on the ANSWER SHEET with a single line
through the center. {{B}}Passage One{{/B}}
【正确答案】
C
【答案解析】[听力原文] 21-23
The Chinese currency is the Renminbi. China has maintained a unified managed floating exchange rate since January 1994. The exchange rate of the Renminbi is determined by the inter-bank foreign exchange market. The People' s Bank of China announces a reference rate for the Renminbi against the US dollar, the Hong Kong dollar, and the Japanese yen based on the weighted average price of foreign exchange transactions during the previous day's trading. Daily movement of the exchange rate of the Renminbi against the US dollar in inter-bank foreign exchange market is limited to 0.3% on either side of the reference rate as announced by the PBC. The buying and selling rates of the Renminbi against the Hong Kong dollar and the Japanese yen may not deviate more than 1% on either side of the reference rate. In the case of other currencies, the deviation may not exceed 0.5% on either side of their respective rates.
21. When did China begin to maintain a unified managed floating exchange rate?
录音原文提到China has maintained a unified managed floating exchange rate since January 1994，中国从1994年1月开始实行单一的有管理的浮动汇率制。
【正确答案】
C
【答案解析】[听力原文]
Who determines the exchange rate of the Renminbi?
录音原文提到The exchange rate of the Renminbi is determined by the inter-bank foreign exchange market。
【正确答案】
B
【答案解析】[听力原文]
What is the deviation allowed on daily movement of the exchange rate of Renminbi against the US dollar?
录音原文提到Daily movement of the exchange rate...limited to 0.3%. 在银行间外汇市场人民币对美元的汇率日变动幅度不能超过0.3%。