convertibility undertaking

基本解释

It may also be that a more formal convertibility undertaking on the strong side of the Link, mirroring the one that already exists on the weak side, becomes necessary.
此外，亦有可能需要参照现有在汇率偏弱时的安排，在汇率偏强时为稳定汇率而引入一个正式的兑换保证。
They also considered that, should circumstances warrant, this potential could be made more explicit by setting a convertibility undertaking on the strong side of the link.
他们亦了解到，货币发行局制度在有需要的情况下更可订立一个偏强汇率兑换保证，以使上述条件更明确。
Members examined the possible theoretical advantages of a two-way Convertibility Undertaking and noted that a number of other Currency Board systems had such an undertaking in place.
委员会研究了双向兑换保证理论上的好处，也获悉多个其他货币发行局制度也有这种承诺。