A sixth option – especially where a country has carried out partially sterilized intervention to prevent excessive currency appreciation – is to reduce the risk of credit and asset bubbles by imposing prudential supervision of the financial system. This should be aimed at restraining excessive credit growth, which the monetary growth that follows currency intervention would otherwise cause.
第六种办法，加强金融体系监管，将会减小信贷和资产泡沫风险，尤其是配上旨在防止本币过度升值的局部冲销式干预以后。这种监管的目标是节制信贷的过度增长，而这种过度增长是货币干预引起货币增长之后的自然后果。尽管这种办法似乎可行，但是对信贷的直接管理往往是存在许多漏洞的，在实践上的效果不佳。