Glossary entry

español term or phrase:

ex-tipo de cambio

inglés translation:

excluding the exchange rate effect

Added to glossary by patinba
Apr 29, 2016 00:07
8 yrs ago
español term

ex-tipo de cambio

español al inglés Negocios/Finanzas Finanzas (general)
Not sure what the ex means here. There is an earlier reference to a constant exchange rate, I don't know if that is related. This is a marketing brochure for the purchase of a stock product involving a major European financial institution.
TIA!! Castilian Spanish to UK English

Orig
El margen de intermediación + comisiones cede un -5,1% (+6% ex-tipo de cambio) y el margen bruto un -6,2% (+4,1%).

Rough draft
Net interest income + commissions yielded -5.1% (+6% ex exchange rate) with a gross margin of -6.2% (+4.1%).
Proposed translations (inglés)
4 excluding the exchange rate effect
Change log

May 6, 2016 13:50: patinba Created KOG entry

Proposed translations

11 horas
Selected

excluding the exchange rate effect

Intermediation margin and commissions were down 5.1%, (+6%) if the effect of the exchange rate is excluded.

"The intermediation margin, defined as the sum of net fee and commission income and income from financial service activities, net interest income and other financial items"


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Note added at 21 hrs (2016-04-29 21:10:50 GMT)
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(+6% if the effect of the exchange rate is excluded) Close bracket at end in other words
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4 KudoZ points awarded for this answer. Comment: "Thanks! "
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