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10:57 May 24, 2005
English to German translations [PRO] Bus/Financial - Finance (general) / Foreign Exchange Trading
English term or phrase:funding currency
The euro is increasingly used as a funding currency.
The steady lifting of US rates has eroded the carry in sterling, Australian dollars and Canadian dollars over the past 12 months and reduced the use of US dollars as a funding currency.
Habe mich gegen Reservewährung entschieden, da es englische Artikel gibt, in denen "reserve currency" und "funding currency" unterschiedlich gebraucht werden. 2 KudoZ points were awarded for this answer