Finally, it is no longer appropriate to judge whether a country’s foreign-currency reserves are adequate based on how many months of imports they can cover. Instead, the question to ask is whether the reserves can comfortably service the public and private sectors’ debt denominated in foreign currencies.
最后，以覆盖多少个月的进口额来判断一个国家的外汇储备是否足够已不再恰当。取而代之是要问外汇储备是否可以妥善偿付公共和私营部门以外币计价的债务。