而这正是人民银行在8月12—13日所做的，当时，比预期更大幅度的贬值压力和飙升的贬值预期导致了一个风险，即计划中的一次性汇率调整可能引发崩盘。
And this is precisely what the PBOC did on August 12-13, when stronger-than-expected depreciation pressure and surging devaluation expectations raised the risk that the planned one-off exchange-rate adjustment could trigger a rout.