短文理解
听力原文: The Chinese currency is the Renminbi. China has maintained a unified managed floating exchange rate since January 1994. The exchange rate of the Renminbi is determined by the inter-bank foreign exchange market. The People' s Bank of China announces a reference rate for the Renminbi against the US dollar, the Hong Kong dollar, and the Japanese yen based on the weighted average price of foreign exchange transactions during the previous day's trading. Daily movement of the exchange rate of the Renminbi against the US dollar in inter-bank foreign exchange market is limited to 0.3% on either side of the reference rate as announced by the PBC. The buying and selling rates of the Renminbi against the Hong Kong dollar and the Japanese yen may not deviate more than 1% on either side of the reference rate. In the case of other currencies, the deviation may not exceed 0.5% on either side of their respective rates.
21. When did China begin to maintain a unified managed floating exchange rate?
22.Who determines the exchange rate of the Renminbi?
23.What is the deviation allowed on daily movement of the exchange rate of Renminbi against the US dollar?
(21)
A.1992
B.1993
C.1994
D.1995
第1题:
In order to (56) foreign exchange administration, maintain strong balance of payments position, China (57) the Regulations on Foreign Exchange Administration on January 29,1996. The State Administration of Foreign Exchange is the agency responsible for foreign exchange administration. The SAFE has a similar branch structure with that of the People's Bank of China, China's central bank. The Bank of China (58) the principal foreign exchange bank. Other banks and financial institutions, (59) affiliates of non-resident banks, (60) designed transactions with the approval of the SAFE.
(41)
A.develop
B.improve
C.change
D.conduct
第2题:
A、Could you tell me whether I need to fill in the exchange memo
B、Could you tell me whether I can change foreign currency in other banks
C、Could you tell me whether you can accept traveler’s checks
第3题:
听力原文:The bank's foreign exchange department has to keep constant track of the positions in the various currencies.
(7)
A.The bank's foreign exchange department has to record the positions in the various currencies.
B.The hank's foreign exchange department has to record the positions in the various currencies.
C.The bank's foreign branches department has to record the various foreign currency liabilities.
D.The bank's foreign branches department has to record the positions in the various currencies.
第4题:
听力原文:In foreign exchange transactions, a forward purchase is an undertaking to buy a particular amount of foreign currency for delivery and settlement of a future date.
(7)
A.A forward transaction is done on a future date.
B.A forward purchase is to buy foreign currency in future.
C.A forward purchase is to buy a foreign currency with settlement on a future date.
D.A forward transaction is to buy a foreign currency on future date.
第5题:
听力原文:A currency swap is a second technique for hedging long-term transaction exposure to exchange rate fluctuations.
(10)
A.A currency swap is a better way to convert the long-term transaction into a spot transaction.
B.A currency swap makes long-term transaction exposure to exchange rate fluctuations.
C.A currency swap is a better way to reduce the risks of the long-term transactions owing to the exchange rate fluctuations.
D.A currency swap can in no way reduce the risk of exchange rate fluctuations.
第6题:
If employees of a bank gamble in foreign exchange dealings with the bank's money, the bank will suffer heavy losses of foreign currencies.
A.Right
B.Wrong
C.Doesn't say
第7题:
In the foreign exchange market, which is made up of banks' traders and brokers, prices (61) every minute (62) to supply and demand. For safety's sake, a branch will get a rate from their traders for a big transaction. Therefore the traders give their branches lists of exchange rates (63) they may buy and sell notes and payments in the main currencies.
Whenever a bank in Britain makes a payment in foreign currency, or makes a payment in sterling to a non-resident, the payment has first to (64) under British exchange control regulations. The bank itself can usually authorize the payment after seeing a document such as an invoice to show that the payment is due; but cases (65) borrowing and lending have to be referred to the Bank of England.
(46)
A.alter
B.vary
C.turn
D.convert
第8题:
听力原文:Typical foreign exchange transactions involve trades of one currency for another in the spot or cash market, or forward transactions.
(3)
A.Forward transactions is not of typical foreign exchange transactions.
B.Typical foreign exchange transactions occur in the spot or cash market.
C.Forward transactions don't occur in the spot or cash market.
D.Typical foreign exchange transactions occur only in the spot market.
第9题:
在考生文件夹下完成下列基本操作:
(1)建立一个名称为“外汇管理”的数据库。
(2)将表currency_s1.dbf 和rate_ exchange. dbf 添加到新建立的数据库中。
(3)将表rate_ exchange. dbf中“买出价”字段的名称改为“现钞卖出价”。
(4)通过“外币代码”字段建立表 rate_ exchange. dbf和currency_ s1.dbf之间的一对多永久联系(需要首先建立相关索引)。
第10题:
听力原文:M: Bank of China. May I help you?
W: Yes, please. I'd like to get some information about discounting a bill of exchange.
Q: What does the customer want to do.?
(17)
A.To withdraw some money.
B.To exchange some foreign currencies.
C.To discount some bills.
D.To cash some traveler's checks.
第11题:
When a country runs a foreign trade deficit under a flexible foreign exchange rate system, its ______.
A.imports automatically increase
B.currency automatically depreciates
C.exports automatically decline
D.currency automatically appreciates
第12题:
Bank of China informs the beneficiary, a Chinese import and export company that a foreign bank has opened a letter of credit in his favor. The bank does not add its engagement by informing the beneficiary. The Bank of China ia acting as ().
第13题:
A、What’s the exchange rate today
B、What kind of currency do you want to exchange for
C、What’s the amount you’d like to exchange
第14题:
A、No, you can’t. Bank of China is not responsible for exchanging foreign currency.
B、Yes, you can. Bank of China is an authorized foreign exchange bank.
C、No, you can’t. Bank of China is not open on Sundays.
第15题:
The term foreign exchange is best defined by the following statement: it is ______.
A.the rate of exchange between two currencies
B.synonymous with currency exchange
C.the place in which foreign currencies are exchanged
D.an instrument such as paper currency, note, and check used to make payments between countries
第16题:
听力原文:Banks make money in the foreign exchange dealings not on profit margin but on volume.
(8)
A.Banks make money in foreign exchange business because of profit margin.
B.Banks make money from the price spread in the foreign exchange market.
C.Banks make money in foreign exchange business on profit as well as on volume.
D.Banks make money in foreign exchange business because of the great volume.
第17题:
A major problem with a fixed exchange rate system is that when countries run foreign trade deficits, ______.
A.there is no self-correcting mechanism
B.currency values become unstable
C.the value of the reserve currency declines
D.world inflation increases
第18题:
听力原文:W: What is the rate of exchange?
M: Sorry, I'm not sure. You will have to ask at the exchange desk. He can give you the exchange rate.
Q: Where can he find the exchange rate?
(12)
A.At the exchange desk.
B.On the board.
C.On the desk.
D.On the notebook.
第19题:
单句理解
听力原文:Interest rate risk refers to the exposure of a bank's financial condition to adverse movements in interest rates.
(1)
A.Bank's financial condition is the cause of interest rate risk.
B.Bank's financial condition has impact on interest rate risk.
C.Interest rate risk occurs when interest rate moves against the bank's financial condition.
D.Interest rate risk occurs when interest rate favours the bank's financial condition.
第20题:
听力原文:W: What is the rate of exchange for pound sterling into yen today?
M: For cash it is seven hundred and ninety four yen to the pound and for traveler's cheques it is eight hundred and eighteen yen to the pound.
Q: What's the exchange rate for cash?
(12)
A.880 yen.
B.794 yen.
C.719 yen.
D.888 yen.
第21题:
听力原文:The foreign exchange market operates much like other financial markets, but isn't located in a specific place like a stock exchange.
(9)
A.The foreign exchange market operates like other financial markets in every respect.
B.The foreign exchange market has a specific place like a stock exchange.
C.There's no physical market place such as stock exchanges for the foreign exchange transactions.
D.The foreign exchange market operates quite differently since the former has no physical market place.
第22题:
The price in the foreign exchange market is called ______.
A.the trade surplus
B.the exchange rate
C.the money price
D.the currency rate
第23题:
Beads, stones, seashells, paper, precious metals such as gold and silver, base metals such as iron have all been used as money. Today, money is printed on paper. A lot of countries use their own currency, with n ames such as dollar, pound, franc, ruble, yuan and so on. Since 2002, 18 of the EU members have replaced their national currencies by Euro notes and coins. If you want to pay for something in another currency, you have to change your money into the other money. If you want to travel outside your native country, you need to change your own country's money for the money of the country you are visiting. Most large banks sell foreign currencies. You can exchange money at a bank or at an office of a tourist agency Wherever you go, exchanging money puts you in touch with international finance, which is concerned with exchange rates between different currencies. Deciding the rate for the international exchange of money is one of the most complex aspects of international banking. Foreign exchange rates have significant impact on the economy of a country.