rate of foreign exchange; course of exchange

简明释义

外汇兑换率

英英释义

The rate of foreign exchange refers to the price at which one currency can be exchanged for another currency in the foreign exchange market.

外汇汇率是指在外汇市场上,一种货币可以兑换另一种货币的价格。

The course of exchange denotes the fluctuating value of currencies in relation to each other, often influenced by economic factors and market demand.

汇率则表示货币之间相对价值的波动,通常受经济因素和市场需求的影响。

例句

1.The current rate of foreign exchange is affecting our import costs significantly.

当前的外汇汇率正在显著影响我们的进口成本。

2.Investors need to keep an eye on the course of exchange to make informed decisions.

投资者需要关注汇率变动以做出明智的决策。

3.Changes in the rate of foreign exchange can impact international trade agreements.

外汇汇率的变化可能会影响国际贸易协议。

4.The bank offers a competitive course of exchange for travelers looking to convert their money.

银行为希望兑换货币的旅行者提供了有竞争力的汇率

5.When traveling abroad, it’s important to check the rate of foreign exchange to maximize your budget.

出国旅行时,检查外汇汇率以最大化预算是很重要的。

作文

The global economy is an intricate web of transactions that cross borders, and at the heart of these transactions lies the concept of currency exchange. Understanding the rate of foreign exchange (外汇汇率) is crucial for anyone involved in international trade or investment. The course of exchange (汇率走势) refers to the fluctuations in these rates over time, which can significantly impact the profitability of businesses and the financial decisions of individuals.When we talk about the rate of foreign exchange, we are essentially referring to the value of one currency in relation to another. For instance, if the exchange rate between the US dollar and the Euro is 1.2, it means that one US dollar can be exchanged for 1.2 Euros. This rate is not static; it changes frequently due to various factors such as economic indicators, interest rates, and geopolitical events.The course of exchange provides a historical perspective on how these rates have changed over time. By analyzing the course of exchange, economists and investors can identify trends that may indicate future movements. For example, if the Euro has been steadily gaining value against the US dollar over several months, it might suggest a strengthening European economy or a weakening US economy. Such insights are invaluable for making informed investment decisions.Moreover, understanding the rate of foreign exchange is essential for businesses that operate internationally. Companies that import goods from abroad need to be aware of the current exchange rates to calculate their costs accurately. A sudden change in the rate of foreign exchange can lead to unexpected expenses, affecting profit margins. Conversely, exporters must monitor these rates to ensure they receive fair compensation for their products in foreign markets.In addition to businesses, individual travelers also need to pay attention to the rate of foreign exchange. When planning a trip abroad, knowing the current rates can help travelers budget their expenses more effectively. Currency exchange services often charge fees, and understanding the course of exchange can help travelers find the best deals.Furthermore, central banks play a significant role in influencing the rate of foreign exchange. They may intervene in the currency markets to stabilize or devalue their currency to achieve economic goals. For instance, if a country is facing high inflation, its central bank might lower interest rates, leading to a depreciation of its currency. This, in turn, affects the course of exchange, creating ripple effects throughout the global economy.In conclusion, grasping the nuances of the rate of foreign exchange and the course of exchange is vital for anyone engaged in global commerce or travel. These concepts not only affect financial decisions but also reflect the health of economies around the world. As globalization continues to integrate economies, the importance of understanding currency exchange will only grow, making it an essential skill for the modern world.

全球经济是一个复杂的跨国交易网络,而货币兑换的概念则处于这些交易的核心。理解外汇汇率(rate of foreign exchange)对于任何参与国际贸易或投资的人来说都是至关重要的。汇率走势(course of exchange)指的是这些汇率随时间波动的情况,这可能会显著影响企业的盈利能力和个人的财务决策。当我们谈论外汇汇率时,我们实际上是指一种货币相对于另一种货币的价值。例如,如果美元与欧元的汇率为1.2,则意味着一美元可以兑换1.2欧元。这个汇率不是静态的;它由于各种因素而频繁变化,比如经济指标、利率和地缘政治事件。汇率走势提供了关于这些汇率随时间变化的历史视角。通过分析汇率走势,经济学家和投资者可以识别可能表明未来走势的趋势。例如,如果欧元在几个月内稳步升值相对于美元,这可能表明欧洲经济在增强或美国经济在减弱。这些见解对于做出明智的投资决策是无价的。此外,理解外汇汇率对那些在国际上运营的企业至关重要。进口商品的公司需要了解当前的汇率,以准确计算成本。外汇汇率的突然变化可能导致意想不到的支出,从而影响利润率。相反,出口商必须监控这些汇率,以确保他们在外国市场获得公平的产品补偿。除了企业,个人旅行者也需要关注外汇汇率。在计划国外旅行时,了解当前汇率可以帮助旅行者更有效地预算开支。货币兑换服务通常会收取费用,理解汇率走势可以帮助旅行者找到最佳交易。此外,中央银行在影响外汇汇率方面也发挥着重要作用。他们可能会干预货币市场,以稳定或贬值本国货币,以实现经济目标。例如,如果一个国家面临高通胀,其中央银行可能会降低利率,导致其货币贬值。这反过来又会影响汇率走势,在全球经济中产生涟漪效应。总之,掌握外汇汇率汇率走势的细微差别对于任何参与全球商业或旅行的人来说都是至关重要的。这些概念不仅影响财务决策,还反映了世界各国经济的健康状况。随着全球化继续整合经济,理解货币兑换的重要性只会增加,使其成为现代社会的一项基本技能。

相关单词

foreign

foreign详解:怎么读、什么意思、用法