More specifically it refers to a particular sort of foreign-exchange trading: that of borrowing cheaply in a "funding" currency to exploit high interest rates in a "target" currency.
更具体的来讲，这是一种特殊的外汇交易方式：这种交易通过借入便宜的货币作为“积存”货币来利用利率较高的“目标”货币从而获取利润。
Foreign-currency borrowing, 95% of it in Swiss francs, accounts for over two-thirds of total lending.
匈牙利的外币借入有95%是以瑞士法郎存在，占总借出量的三分之二以上。
Borrowing in foreign currencies (as Brazil and other Latin American countries had done before the 1980s debt crisis) leaves original sinners at risk of default if their currency loses value.
如果本国货币贬值，那么像巴西和其他拉丁美洲国家上世纪80年代债务危机以前那样借入外汇就会存在债务违约风险。
Not all of the "new" debt was actually new; some represented a move out of foreign-currency loans and into local-currency borrowing (in order to reduce foreign-currency risk).
并非所有“新”贷款都是新的，一些贷款来自于外币贷款转换而来的当地货币贷款(为了减少外汇风险)。
Not all of the "new" debt was actually new; some represented a move out of foreign-currency loans and into local-currency borrowing (in order to reduce foreign-currency risk).
并非所有“新”贷款都是新的，一些贷款来自于外币贷款转换而来的当地货币贷款(为了减少外汇风险)。
应用推荐