外汇

There are two main parts to the foreign exchange market.

主要有两个部分的外汇市场。

Although the international currency market may trade in excess of $1.5 trillion per day, volume and liquidity in t hese "exotics" can be extremely thin.

虽然全球外汇交易量每天超过1.5万亿美元，但是这些"小币种"每天的成交量，却是非常小的。

Under the assumption that the expected rate μS(t , volatilityσS(t are functions of risk asset S, and stock pricing process respectively driven by a general O-U process and an exponential of a Levy process, we obtain the accurate pricing formulas and put-call parity of European option. In the end, assume that riskless rate is given, we deal with pricing formulas of European option on foreign currency and apply the approach to the pricing of the convertible bond.

利用保险精算方法给出了股票价格遵循广义0一U过程模型的欧式期权的精确定价公式和买权与卖权之间的平价关系以及股票价格过程遵循指数Levy过程的定价模型，最后推导出利率确定情形下外汇期权的定价公式，并且给出了保险精算方法在可转换债券定价中的应用。

Since the 1980s, China's textile and apparel exports has been ranked first in its import and export trade surplus has become China's foreign exchange earnings and an important source of capital accumulation.

自上世纪八十年代以来，纺织品服装在我国的出口商品中一直位列首位，其进出口贸易的顺差成为我国外汇收入和资金积累的重要来源。

The role of foreign exchange balances has changed from being short-term funds used to bridge export-import gaps to being long-term investment funds.

外汇余额的角色已经从填补贸易差额的短期资金，转变为长期的投资资金。

Report from our correspondent (Li Jinlei of reporter of exercitation of reporter Yu Jie) Xiaoli is collected indicate shop on the net of the password Jin Ka, put beforehand inside have hundred thousands of yuan, but the express fee that hundreds yuan must collect additionally first after entry website shops, cannot deliver goods otherwise.

本报讯(记者于杰实习记者李金磊)小李捡到标明密码的网上购物金卡，里面预存有几十万元，但登录网站购物后必须先另外汇数百元的快递费，否则不能发货。

External debt service ratio; redemption ratio of foreign debt; service ratio of external debt ...

外债清偿比率［即年度应付外债本息占当年外汇收入的比率］ debt service ratio

Since 1994, our country's international balance of payments continues keeping the current account and the finance project pair of favourable balance imbalance pattern, the foreign exchange reserve increases year by year.

自1994年以来，我国国际收支持续保持经常项目和金融项目双顺差的不平衡格局，外汇储备逐年增长。

There have been a steady increase in Chinese foreign exchange reserves these years caused by factors below:(1) the fast development of our national economy, and the favourable balance in international payment;(2) the impact of compulsory settlement and payment of exchange, and the system of tax reimbursement for export;(3) the inburst of foreign direct investment and speculative capital.

我国外汇储备近年来频频突破新高，一是由于我国国民经济的飞速发展，对外贸易实力极大增强，国际收支连年顺差，二是源于强制性的结售汇及出口退税等制度的影响，三是国际直接投资和投机性资本的大量涌入。

The exterior unbalance expression of Chinese economy is in " exit - investment " depend on model the favourable balance of a huge sum below economic growth pattern and the foreign exchange reserve that increase considerably, in-house unbalance expression is in " tall deposit "," high investment " with " low spending " the yield below the loop inside system can be superfluous cause constant deflationary pressure.

中国经济的外部失衡表现为在"出口-投资"依赖型经济增长模式下的巨额顺差和大幅增长的外汇储备，内部失衡表现为在"高储蓄"、"高投资"与"低消费"的体制内循环下的产能过剩导致一定的通货紧缩压力。

The split between the two groups can hardly be papered over.

这两个团体间的分歧难以掩饰。

This approach not only encourages a greater number of responses, but minimizes the likelihood of stale groupthink.

这种做法不仅鼓励了更多的反应，而且减少跟风的可能性。