The paper explains the mechanics of speculative attacks by analyzing the behavior of participants of forward foreign exchange market, which is tested by the experience of Baht.
通过分析货币危机中远期外汇市场参与者——投机者、商业银行和中央银行的行为 ,阐明投机性冲击的一般机制 ,并以泰铢汇率变动经验进行验证 ,进而提出对策建议。
The foreign exchange market being what it is – namely an asset market – it has looked a long way forward into the resources boom and pushed up the currency quite quickly.
外汇市场就像这样---也是资产市场----对于资源繁荣它看涨,向上推动非常快。
Transaction in the foreign exchange market may be either spot or forward.
外汇市场上的交易,不是即期,就是远期。
Then, a fractal interpolation model is put forward for the foreign exchange sequencing, and an interpolated iterative algorithm is presented to predict the tendency of the foreign exchange market.
文中提出了外汇序列分形插值模型,并构造了预测外汇市场趋势的插值迭代算法。
General market makers are Banks which provide market-making services in the spot, forward, foreign exchange swap, currency swap and other foreign exchange markets.
综合做市商是指在即期、远期、外汇掉期和货币掉期等各外汇市场开展做市的银行。
Forward-swap market makers are Banks which provide market-making services in the inter-bank forward, foreign exchange swap and currency swap markets.
远期掉期做市商是指在银行间远期、外汇掉期和货币掉期市场做市的银行。
Forward-swap market makers are Banks which provide market-making services in the inter-bank forward, foreign exchange swap and currency swap markets.
远期掉期做市商是指在银行间远期、外汇掉期和货币掉期市场做市的银行。
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