换汇 meaning in English
currency swap
swap
Examples
- Forward against forward
远期对远期换汇交易 - Spot against forward
即期对远期换汇交易 - A market place where illegal or hard - to - get items are sold or where money is illegal exchanged
非法或紧俏物资的销售点，或者非法换汇的地方。 - The client hereby authorizes the bank , in the capacity as the client ' s trustee to handle all necessary currency exchange procedures in connection with the purchase , switching or redemption of funds on behalf of the client
8客户谨此授权银行得以客户受?人之身分，代为办理客户因购入、转换或赎回基金所生一切必要之换汇手续。 - After the breakdown of the system of bretton woods , the practice of frequent international capital flowing impels the development of the theory of decided exchange rate . this theory is from the theory of purchasing power parity , the theory of interest rate parity , the theory of international income and expenses to the theory of asset market . but , at present , the theory of cost in exchanging specially used in our country is applicable
布雷顿森林体系解体以来，国际间资本频繁流动的实践推动了汇率决定理论的发展，汇率决定理论也从购买力平价说、利率平价说、国际收支说走向资产市场说，但是我国特有的换汇成本说在当前还有一定的适用性，随着国内外金融市场间的联系渐趋紧密，利率平价说对于人民币汇率变动的解释力也会逐渐增强。