English translation: mechanism of the exchange rate
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12:16 Jul 30, 2007
German to English translations [PRO] Bus/Financial - Finance (general) / Interest rate parity
German term or phrase:Scharnier des Wechselkurses
The entire sentence is as follows......Das Zinsparitätstheorem fordert, dass sich aufgrund unterschiedlicher Zinsniveaus voneinander abweichende Anlageerforge in unterschiedlichen Währungsräumen über das Scharnier des Wechselkurses ausgleichen.