Английский язык. Бочкарева Т.С - 11 стр.

     3.1 Active Vocabulary

     foreign exchange dealing                  - сделка (операция) по обмену валюты
     currency unit                            - единица валюты
     rate of exchange                         - курс обмена
     value                                   - цена
     to pay an invoice                        - платить по счету (оплачивать счет)
     to make a profit (to make gains)          - создавать прибыль
     transaction                             - операция, сделка
     spot rate                               - курс по спотовой сделке
     forward rate                            - курс по форвардной сделке
                                                 (заблаговременный)
     to enable                               - давать возможность
     to protect                              - защищать
     adverse movements                        - неблагоприятные изменения
     to quote a rate                         - производить котировку курса
     settlement                               - расчет, уплата
     to deliver (delivery)                     - доставлять (доставка, поставка)
     to fill in a dealing slip                 - заполнить документ по сделке (бланк)
     to carry out a transaction               - выполнить сделку
     to detect a discrepancy                  - обнаруживать несоответствие
     to expose to a risk                     - подвергать риску
     to hold debts (claims)                   - иметь долги (требования, претензии)
     maturity dates                           - сроки обязательств
     long position                           - позиция на повышение

     Foreign exchange dealing is, as its name implies, the exchange of the currency
of one country for the currency of another. The rate of exchange is the value of one
unit of the foreign currency expressed in the other currency concerned.
     With the growth of global trade, many companies need foreign currencies to
pay producers in other countries. A British company with a supplier in Germany, for
example, will probably use sterling to buy Deutschmarks from its bank in order to pay
an invoice from the German company. The bank buys the Deutschmarks from
another bank at a particular rate and provides them to its customer at a higher rate, thus
making a profit. Similarly, a bank may make gains on buying and selling currencies on
the inter-bank market. Making a profit on the transaction is the basic idea of foreign
exchange dealing.
     Currencies can be bought or sold in the foreign exchange market either for
immediate delivery, that is at the spot rate, or for delivery later (e.g. two weeks, three
months, etc.) at forward rate. The forward market is useful for companies, since if a
company knows that it will need a particular foreign currency to pay a bill in four weeks'

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