I am not surprised at all that bond markets have been revaluing spanish and italian bonds .

债券市场一直在重估西班牙和意大利债券的价值，对此我丝毫不感到意外。

' The case for revaluing the renminbi is getting stronger and stronger , ' he said .

他说，升值人民币的理由越来越强大。

In explaining how a rising currency will help tame inflation , most pundits relay that revaluing a currency to a higher price will cause import prices to be cheaper , thereby lowering domestic prices .

大多数学者解释货币升值如何有助于遏制通货膨胀时都引述说，重新估价货币、提高货币价格，可以降低进口商品的价格，从而降低国内物价。

But for all the noises washington and others make about revaluing the currency , this isn 't the only way .

尽管美国政府以及其他人都在要求中国重估人民币币值，但升值并非唯一的途径。

Another reason for hesitation is that the theory that revaluing the yuan will allow beijing to tighten its monetary policy is too simplistic .

犹豫的另一个原因是人民币升值将使北京收紧货币政策的观点过于简单化。