It was the combination of a virtually fixed nominal exchange rate with a depreciating real exchange rate that made it so. 是近乎固定的名义汇率与不断下降的实际汇率的结合，才造成了这种结果。
In other words, whilenominal exchange rates might vary, real rates should be prettyconstant. 换句话说名义汇率可以不断变动，然真实汇率应是常数。
