TERMIUM Plus^®

Fiche 1,  Justifications,  Anglais

Record number: 1, Textual support number: 1 DEF

The circulation of money through various sources, ending up where it started. For instance the German Central Bank recycles excess capital by selling U.S. dollars to banks under a repurchase agreement and the banks place the U.S. dollars in the Euromarket. As the financial institutions could run up a U.S. dollar debt on the Euromarket, the Central Bank must buy back the U.S. dollars and sell domestic currency to avoid an excessive increase in the mark.  1, fiche 1, Anglais, - merry%2Dgo%2Dround%20effect

Fiche 1,  Justifications,  Français

Fiche 1,  Justifications,  Espagnol