A stable exchange rate creates economic and trading efficiencies, while a formal dollar link means a country can reduce political uncertainty by delegating its own monetary policies to the Fed.

• 一个稳定的汇率产生经济和交易效率，一个正式的美元关联则意味着一个国家将它自己的货币政策委托给美联储从而减少政治不确定性。