In September 1989 the exchange rate hovered around 140 yen to the dollar.
在1989年9月，汇率一直在140日元比1美元左右徘徊。
The main money in the then Carry Trade is the yen, because its interest rate was. Money used also includes the Australian Dollar and the New Zealand Dollar.
当时进行套利交易的货币主要是日元，因为当时日元的利率很低，有很多套利交易的标的是澳大利亚元和新西兰元。
Then the currency engaged in carry trade most was Yen for its interest rate was very low. And many carry trade's targets were Australia dollar and New Zealand dollar.
当时进行套利交易的货币主要是日元，因为当时日元的利率很低，有很多套利交易的标的是澳大利亚元和新西兰元。
Due to its extremely low interest rate, Japenes Yen became the main currency for Carry Trade, and the object currency was the Australian dollar and the New Zealand dollar.
当时进行套利交易的货币主要是日元，因为当时日元的利率很低，有很多套利交易的标的是澳大利亚元和新西兰元。
By then since the interest rate of yen was very low, it was the major currency for carry trade. Generally yen is converted into other currencies such as Australian dollar and New Zealand dollar.
当时进行套利交易的货币主要是日元，因为当时日元的利率很低，有很多套利交易的标的是澳大利亚元和新西兰元。
With the target for the key U.S. interest rate now between 0% and 0.25%, the dollar tumbled against the euro, the British pound and the Japanese yen.
美国基准利率目前已经介于0%-0.25%之间，美元兑欧元、英镑和日圆大幅下挫。
This trade mainly involved yen (Japanese currency) because of low interest rate, many targeted at Australian or New Zealand dollar.
当时进行套利交易的货币主要是日元，因为当时日元的利率很低，有很多套利交易的标的是澳大利亚元和新西兰元。
The global market turmoil was marked by a widespread retreat from "risk" or "carry" trades funded by borrowings in low-interest-rate currencies such as the Japanese yen or US dollar.
全球市场动荡之际，投资者普遍撤出以日元或美元等低利率货币借款提供资金支持的“风险”或“套利”交易。
Under such contracts the exchange rate of the US dollar was required to be within 0.15 per cent of the reference rate, whereas for the HK dollar and Japanese yen, the permitted range was 1 per cent.
各银行挂牌的美元买卖汇率不得超过基准汇率上下0.15％，港币、日元买卖汇率不得超过基准汇率的1％。
Under such contracts the exchange rate of the US dollar was required to be within 0.15 per cent of the reference rate, whereas for the HK dollar and Japanese yen, the permitted range was 1 per cent.
各银行挂牌的美元买卖汇率不得超过基准汇率上下0.15％，港币、日元买卖汇率不得超过基准汇率的1％。
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