如果某个实施固定汇率和开放资本账户的国家为了抑制通胀而收紧货币政策，那么其国内利率的上升将促使市场参与者借入外币并将其兑换成本国货币以投资国内资产。
If a country with a fixed exchange rate and an open capital account tightens monetary policy, in order to contain inflation, the rise in domestic interest rates will give market participants an incentive to borrow foreign currencies and convert them into the domestic currency for investment in domestic assets.