Glossary entry (derived from question below)
English term or phrase:
trade at a premium to the spot currency rate
Portuguese translation:
estava sendo negociada com um ágio altíssimo em relação à taxa de câmbio spot
Added to glossary by
lmrocha
Jul 10, 2016 03:41
7 yrs ago
English term
trade at a premium to the spot currency rate
English to Portuguese
Bus/Financial
Business/Commerce (general)
At the time, U.K. interest rates were a lot lower than U.S. rates. Consequently, forward sterling was trading at a huge premium to the spot rate. [If two countries have different interest rates, forward months of the currency with lower rates will invariably trade at a premium to the spot currency rate.
Proposed translations
(Portuguese)
3 +2 | estava sendo negociada com um ágio altíssimo em relação à taxa de câmbio spot | Mario Freitas |
Proposed translations
+2
17 mins
Selected
estava sendo negociada com um ágio altíssimo em relação à taxa de câmbio spot
Sugestão
4 KudoZ points awarded for this answer.
Comment: "obrigada"
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