Glossary entry (derived from question below)
English term or phrase:
fixed peg
Chinese translation:
定桩
Added to glossary by
Wenjer Leuschel (X)
Aug 5, 2004 06:27
19 yrs ago
English term
fixed peg
English to Chinese
Bus/Financial
Finance (general)
fixed peg
the phrase is in the "order execution instruction" category. what peg stands for?
(It's a label from a financial software...so sorry, no context offered)
thanks.
the phrase is in the "order execution instruction" category. what peg stands for?
(It's a label from a financial software...so sorry, no context offered)
thanks.
Proposed translations
(Chinese)
4 | 定桩 | Wenjer Leuschel (X) |
4 | 固定汇率制 | Mark Xiang |
3 | 固定钉住 | Shang |
Proposed translations
27 mins
Selected
定桩
It can mean a lot of things.
For instance, NEW YORK (Reuters) - The rate of exchange of the Chinese yuan, currently peg ged to the dollar, is not a factor in the U.S. trade deficit with China, a senior Chinese official said on Monday.... China does not define its foreign exchange rate mechanism as a fixed peg, although it does have a managed floating exchange rate, Chinese officials say....
http://www.china5e.com/news/zonghe/200312/200312090102.html
此处说的是中国的外汇汇率并非定桩于美元,中国外汇依据市场需求采取浮动汇率。
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Note added at 30 mins (2004-08-05 06:57:59 GMT)
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你的 fixed peg 显然用在股汇市上,需要弄清楚上下文才能确定恰当的翻译名词。不过,「定桩」还是八九不离十的译词。
For instance, NEW YORK (Reuters) - The rate of exchange of the Chinese yuan, currently peg ged to the dollar, is not a factor in the U.S. trade deficit with China, a senior Chinese official said on Monday.... China does not define its foreign exchange rate mechanism as a fixed peg, although it does have a managed floating exchange rate, Chinese officials say....
http://www.china5e.com/news/zonghe/200312/200312090102.html
此处说的是中国的外汇汇率并非定桩于美元,中国外汇依据市场需求采取浮动汇率。
--------------------------------------------------
Note added at 30 mins (2004-08-05 06:57:59 GMT)
--------------------------------------------------
你的 fixed peg 显然用在股汇市上,需要弄清楚上下文才能确定恰当的翻译名词。不过,「定桩」还是八九不离十的译词。
4 KudoZ points awarded for this answer.
Comment: "thanks, it looks quite professional"
33 mins
3 hrs
固定汇率制
Box 1. Classification of Exchange Regimes of the IMF Membership as of April 30, 2003
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Hard pegs or no legal tender (48 countries or 26 percent):
No separate legal tender (41 countries)
The country adopts a foreign currency as legal tender.
Currency boards (7 countries)
A fixed exchange rate is adopted in a law and central bank money (also called high-powered money) is fully backed by foreign assets. The central bank will only issue local currency against purchases of foreign exchange. Lending to the government by the central bank is prohibited and the amount of support to commercial banks in case of a crisis is usually limited to the excess coverage of high-powered money by foreign assets.
Intermediate regimes (98 countries or 54 percent):
Other conventional fixed peg arrangements (42 countries)
The central bank maintains a fixed exchange rate by intervening in the foreign exchange market and setting interest rates on its facilities. The degree of official commitment to fixed pegs varies across countries. These arrangements are often called soft pegs.
应该是指汇率而不是股票.
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Hard pegs or no legal tender (48 countries or 26 percent):
No separate legal tender (41 countries)
The country adopts a foreign currency as legal tender.
Currency boards (7 countries)
A fixed exchange rate is adopted in a law and central bank money (also called high-powered money) is fully backed by foreign assets. The central bank will only issue local currency against purchases of foreign exchange. Lending to the government by the central bank is prohibited and the amount of support to commercial banks in case of a crisis is usually limited to the excess coverage of high-powered money by foreign assets.
Intermediate regimes (98 countries or 54 percent):
Other conventional fixed peg arrangements (42 countries)
The central bank maintains a fixed exchange rate by intervening in the foreign exchange market and setting interest rates on its facilities. The degree of official commitment to fixed pegs varies across countries. These arrangements are often called soft pegs.
应该是指汇率而不是股票.
Discussion
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