立即打开

财会英语口语一听就会Chapter 2:商务账务往来Unit 1 国际结算(3)

1.

1随着全球贸易的不断发展,中国企业也需要用外汇来支付外商。

A: You said on the phone yesterday that you had some questions about foreign exchange dealing.

昨天你在电话里说要问问有关外币兑换交易方面的问题。 

B: Yes. With the growth of global trade, Chinese companies need foreign currencies for international transactions. So, I'd like to learn more about this topic

是的。随着全球贸易的不断发展,中国的企业也需要用外汇来支付郊商。我想多了解一些这方面的情況。

I want to know more about this topic.

我想多了解一些这方面的知识。

I'd like to know more about this topic.

我想多了解一些这方面的知识。

2.

2汇率是指一单位货币以另一国货币来表示的价格。

A: What's the definition of exchange rate?

汇率的定义是什么?

B:The exchange rate is the value of one unit of a foreign currency expressed in another currency.

汇率是指一单位货币以另一国货币来表示的价格。

What's the exchange rate?

汇率是什么?

The price of one currency in terms of another is called the exchange rate.

一国货币以另一国货币表示的价格称为汇率。

3.

3但是这些汇率是由什么决定的呢?

A: But how are foreign exchange rates determined?

但是这些汇率是由什么决定的呢?

B: This rate fluctuates according to the dictates of supply and demand, within the limitations imposed by national and international monetary authorities.

汇率随供求关系而上下波动波动发生在国际及国内金融机构所限定的范围内。

4.

4这些因素总是混在一起对汇率产生影响。

A: Well, do central bank interventions and exchange controls affect rates of exchange?

那么,中央银行对外汇交易的干预及对汇率是是否产生影响呢

B: Yes, of course. But there are still other factors which affect the rates of exchange  balance of payments, rates of domestic inflation and the relative purchasing power of currencies, international interests, rate differential and other factors. These factors always work together to affect the rates of exchange.

当然。但影响汇率的升降还有其他因素例如国际收支,通货膨胀率,货币相对购买力,国际利率,利率差等因素。这些因素总是混在一起对汇率产生影响。

5.

5所以即期汇率就是在即期交易时的汇率,而后者就是在期货交易时的汇率。

A: Mr. Steward, what is spot rates?

斯特沃德先生,什么叫即期汇率?

B: Currencies can be bought or sold in foreign exchange market either for immediate delivery or for delivery later. So the spot rate is tor immediate

在外汇交易市场上,货币的买进,卖出,既可以作即期交易,也可以作期货交易。所以即期汇率就是在即期交易时的汇率,而后者就是在期货交易时的汇率。

6.

6期货市场对外贸公司是非常有用的。

A: Does the forward market help?

那么期货交易市场有何好处?

B: Yes. The forward market is very useful for companies:

是的。期货市场对外贸公司是非常有顔的。

7.

7我有点事儿向您咨询

A: What can I do for you?

有什么可以帮助的?

B:  I have got something to consult with you. Our company is going to purchase 50,000 tons of com from America on August 20th and the CIF is 15,000 American dollars per ton. 40,000 of the consignment have been ordered by a feed processing plant and a corn starch plant, but we have not yet found a buyer for the rest. The problem is that the cargo will not arrive here from America until 45 days after the purchasing time.

我有点儿事向您咨询。我们公司在8月20日将要从美国购买5万吨玉米,它的到岸价是每吨15000美元,其中4万吨已被饲料加工公司和玉米淀粉公司预定了。但剩下的1万吨还未找到买主。问题是这批货物离开美国后要45天才能到达这里。

A: And you are afraid that if the com price drops in 45 days, you will suffer a loss in selling the remaining 10,000 tons of corn,

您是担心如果45天后玉米价格下跌,到时候您再销售余下的1万吨玉米会蒙受损失,识别。

8.

8我听说期货市场上有一种方法可以避免这种风险。

A: Yes. I heard there is a  method against  the risk on the futures market,

是的。我听说期货市场上有一种方法可以避免这种风险

B: Yes. We call hedging. There are several kinds of hedging and anticipatory hedging just suits your situation.

是的,我们叫它套期保值。套期保值有好几种其中预期性套期保值刚好适合您这种情况

9.

9我该怎么做这种套期保值呢?

A: How should I do the hedging?

我该怎么做这种套期保值呢?

B: When you buy the corn from the cash market, you can sell short a futures contract of the same amount com on the futures market in anticipation of the com prices falling.

当你在现货市场上买入玉米时,你可同时在期货市场上卖出一张等同数置的玉米期货合同,因为你预测玉米价格将会下降。

10.

10卖空的相反做法是买空

A: Is that what is called taking a position' selling a parcel for forward delivery but waiting for the price to go down before actual buying.

这是不是就是所谓的“买空卖空”的卖空,卖出一张货物合同,然后等待玉米价格下跌时再买入,这时可嫌差价?

B: Yes. The opposite action is called "buying long. When 45 days later, on October 1st, if com price actually goes down, say, to 13,000 American dollars per ton, you will get a profit of 2,000 American dollars per ton on the futures market. This wiII make up your loss on   the cash market. In this way you can successfully control your risk on the foreign trade.

是的。卖空的相反做法是买空。这样45天以后,也就是10月旧,如果玉米价格真的下跌,比如说跌到每吨13万美元,那么你在期货市场平合后可得到每盹2000美元的获利,这刚好可以弥补你在现货市场上交易的亏空。这样,你就成功地控制了你在这宗外贸生意上的风险

A: I see
 

我明白了。

打开APP阅读全文