pfennig的意思|pfennig的解释-里氏词典

pfennig ['fenig]

n. 芬尼(德国辅币)

[经] 酚尼

pfennig
pfennige

[ noun ]
100 pfennigs formerly equaled 1 Deutsche Mark in Germany
<noun.quantity>

Pfennig \Pfen"nig\, n.; pl. {Pfennigs}, G. {Pfennige}. [G. See
{Penny}.]
A small copper coin of Germany. It is the hundredth part of a
mark, or about a quarter of a cent in United States currency.

The dollar shed nearly three pfennig and about one and a half yen overall, surprising many traders who had expected the U.S. currency to test the upper end of its range.
Raising interest rates was political anathema. By Tuesday night the pound closed in London just a fifth of a pfennig above its ERM floor of DM2.778, its lowest ever in the mechanism.
We just raised it by one pfennig and one yen," said Mr. Sherrer at Royal Bank.
Mr. Zborowski said a cut in the federal funds rate would probably push the dollar down a half a pfennig against the mark, but that "dollars would be cheap" at that price, and the U.S. currency would likely rebound quickly.
One was sterling, which closed 1/4 pfennig down at DM2.9425.
This depressed European trading volumes to about one-third of their customary levels. In New York yesterday, the dollar closed against the D-Mark at DM1.4028, just over half a pfennig down on Friday night's close and near its all-time low.
In 10 minutes, the dollar fell an entire pfennig against the mark.
Sterling suffered more, dropping half a pfennig to DM2.8900.
Sterling finished in London nearly a pfennig higher at DM2.5559, from DM2.5471. The dollar was relatively unaffected yesterday by the German rate reduction and the release of a raft of promising economic data.
Sterling managed to hold on yesterday, closing down a 1/4 pfennig at DM2.7875.
The pound lost 1/2 pfennig against the D-Mark, closing at DM2.85. Dealers commented that there was no sign of intervention by central banks yesterday to support the UK currency.
Sterling closed a pfennig up on the day at DM2.5075.
The dollar closed in London nearly 1/2 a pfennig higher on the day at DM1.6625.
Strong US factory orders for June, which rose by 2.3 per cent on the previous month, and an up-beat Chicago Purchasing Management survey for July, triggered an advance of nearly a pfennig up to DM1.4831.
This was 3/4 of a pfennig lower than the previous day's close.
A rise of 0.5 per cent in the sales volume for September helped the pound against several currencies, although a 3/4 pfennig rise to DM2.45 was largely a manifestation of a weaker German currency.
A 4 pfennig plunge in the dollar following the release of dreadful US employment data undid most of the good work done by European governments earlier this week.
The dollar closed just over 1/2 pfennig up at DM1.6335.
The dollar dipped well in excess of a pfennig to a low of DM1.4610, and ended in Europe at DM1.4630, down 55 basis points from Friday.
A stable pound as well as a competitive exchange rate is needed to attract overseas buyers into the gilts market. Sterling's 3.5 pfennig rise yesterday suggests the markets may be getting ahead of themselves.
The emergency rate was then at 10 per cent. Sterling finished over a pfennig down against the stronger D-Mark, closing at DM2.5144 from DM2.5288.
Sterling later closed at DM2.4700, a net rise of 3/4 of a pfennig on the day.
The 10 pfennig difference between the negotiators translates to a final offer of around 5.5 per cent from employers, up against a final demand from the unions for 6.5 per cent.
But there was a brief dollar sell-off in the late New York morning that carved half a pfennig and half a yen from the dollar.
The comment sent the dollar down about a pfennig against the mark, bringing the Fed back into the market with more sales of the mark to buy dollars.
But upbeat US economic data later helped the US currency to rebound, leaving a rise of 3/4 pfennig on the day at DM1.5625.
The dollar eased more than a pfennig to level around 1.8650 marks soon after the Bundesbank's announcement.
Indeed, it's not uncommon for the dollar to reverse its course several times a day, sometimes moving a pfennig or more against the mark within minutes.
We ran up 10 pfennig in 10 days; they consider that a disorderly market," said Claus Wagner, chief trader at Citibank AG in Frankfurt.
It gained 1/2 pfennig against the dollar to close at DM1.6065.

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