Glossary entry

Spanish term or phrase:

se cubrirá toda la divisa a Euro

English translation:

all foreign currency (investments) will be hedged into euros

Added to glossary by Sherry Godfrey
Sep 20, 2010 09:53
13 yrs ago
1 viewer *
Spanish term

se cubrirá toda la divisa a Euro

Spanish to English Bus/Financial Finance (general)
This is from a document (Spain) on an investment fund:

Activos no Euro: El Fondo invertirá en activos denominados en divisas distintas del Euro, aunque como regla general se cubrirá toda la divisa a Euro.

TIA!

Proposed translations

+2
1 hr
Selected

all foreign currency (investments) will be hedged into euros

You could probably say 'swapped' instead of 'hedged'.

In any case, the Spanish is sloppily written.
Peer comment(s):

agree amendozachisum : agree
1 hr
agree philgoddard
2 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks Peter and everyone!"
48 mins

to hedge

hedge = protect/defend
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49 mins

(all investments) will be made in Euros

This is what I think it means.
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