tào​huì

arbitrage

Senses

套汇/ 套匯 tào​huì arbitrage

verb · The practice of profiting from exchange rate differences for the same currency in different markets.

许多金融机构通过跨境套汇来获取利润。

套汇/ 套匯 tào​huì illegal exchange

verb · Illegally obtaining or trading foreign exchange in violation of state control regulations.

该企业因涉嫌大规模套汇被有关部门调查。

References

No references for this word.