finance a speculative transaction in which a trader buys the currency of a country with a high rate of interest and sells the currency of a country with a low rate of interest
FOR LEXICAL ALIMENTATION, TAKE THIS WORD OF THE DAY QUIZ!
Nourish your vocabulary with a refresher on the words from the week of September 14–20, 2020!
Question 1 of 7
What does “blatherskite” mean?
Words nearby carry trade
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012