Peseta的意思|Peseta的解释-里氏词典

peseta [pә'setә]

n. 比塞塔(西班牙银币)

[经] 比塞塔

peseta

[ noun ]
formerly the basic unit of money in Spain; equal to 100 centimos
<noun.quantity>

Peseta \Pe*se"ta\, n. [Sp.]
A Spanish silver coin, and money of account, equal to about
nineteen cents, and divided into 100 centesimos.

It closed at 757.5 per D-Mark. The lira speculation added to nervousness about the peseta and the Bank of Spain announced that it too was intervening to support the currency.
The assumption in the markets yesterday was that Mr Gonzalez would be more cautious about rate-cutting, and Spanish money market interest rates were unchanged yesterday. The peseta closed at Pta76.84 to the D-Mark from a previous finish of Pta78.27.
In the event, the pound remained at its floor against the peseta and both currencies slipped against the D-Mark.
It was weaker against the Spanish peseta, closing at Pta82.08 from Pta82.15. Sterling, meanwhile, fell to its lowest levels this year.
The peseta is probably most vulnerable to a poor government showing in the elections. Currencies, Page 37.
An AAA-rated borrower is rumoured to be preparing a 20-year peseta deal. Bayerische Vereinsbank came to the market for the second day running.
Then the peseta dropped.
The peseta lost strength against the dollar at the start of Madrid trading, weakened by a report in the Thursday issue of the Financial Times forecasting a slowdown of the recent rapid growth of Spain's economy.
While the Spanish peseta was resilient in the face of yesterday's half point cut in money rates, the French and Belgian francs have come under pressure.
Spanish finance minister Carlos Solchaga said he had no intention of devaluing the peseta within the European exchange rate mechanism.
'I do not see any reason why the lira should move at odds with bond prices,' added Mr Radaelli. Elsewhere in Europe, the peseta continued its recovery, closing at Pta82.15 from Pta82.42 against the D-Mark.
A civil servant in Madrid said the government would defend the peseta's parity.
The difference this time will be that the peseta might not be able to avoid following the route of the pound and the lira.
One London based economist said his bank had seen a German pension fund sell French francs in large quantities. The peseta rocketed against the D-Mark after Spain announced reimposition of capital controls.
But while the peseta has joined the EMS and Spanish inflation has dropped, Portugal's stabilization efforts have been less successful.
In practice, currencies in the EMS narrow band cannot rise more than 2.25 per cent from the weakest currency in that part of the system. Sterling and the Spanish peseta operate with 6 per cent fluctuation bands.
He warned that high German interest rates limited the scope for reduction of Swiss rates, even though Switzerland has been in recession for more than a year. The position in Madrid is more complex, in view of the peseta's strength in the ERM.
The French franc remained the weakest member of the ERM and the Spanish peseta stayed the strongest currency in the system.
The government said the Spanish peseta's unyielding strength within the European Monetary System left the bank little choice.
Or did Madrid really think its currency was worth that much money? There have been lots of theories, most of them emanating from the Finance Ministry, about why a strong peseta was necessary.
SPECULATION that sterling and the peseta were about to be brought into the narrow band of the Exchange Rate Mechanism gave a temporary lift to the UK and Spanish government bond markets yesterday.
Its index was unchanged throughout the day at 92.9. The Spanish peseta was strong, at the top of the ERM.
The discussions took place as Spain began facing up to possible withdrawal of the peseta from the ERM. Domestic policy makers, business leaders and economists are uncertain about what life might be like outside the security of the ERM.
Last Friday, the peseta dropped to an historic low in the ERM of Pta74.00 against the DM. Mr Carlos Solchaga, finance minister, pledged at the weekend to keep the peseta within the mechanism.
Last Friday, the peseta dropped to an historic low in the ERM of Pta74.00 against the DM. Mr Carlos Solchaga, finance minister, pledged at the weekend to keep the peseta within the mechanism.
And so on, with the peseta, the escudo and others, all cut down without mercy.
Not only are designers often considered inexperienced and unprofessional, but a strong peseta, high interest rates and onerous social security payments are said to stack the cards against them in an increasingly competitive world.
The peseta ended the day at Pta63.09 to the D-Mark from a previous close of Pta62.91. The yen rose against the dollar after Mr David Mulford, the US Treasury Undersecretary, said that the yen's recent rise had been 'appropriate.'
Speculation of a UK interest rate cut before the general election appeared to have little effect on sterling. The tension within the ERM grid increased last night, as the peseta reached its uppermost limit against sterling.
Mr Victor Galliano of Baring Securities comments that pressure on the peseta may lead to lower interest rates, even before polling day.

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