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English to German translations [PRO] Bus/Financial
English term or phrase:central treasury
The usual meaning of treasury Schatzamt oder Staatskasse does not fit in this context. It has to do with banks and I wonder if I could translate central treasury by zentrale Finanzverwaltung. Thanks a lot!!
"The central treasury can provide FX pricing to its subsidiaries worldwide and then lay off the risk to its banks as and when it chooses."