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EUR\/HUF\u5468\u4e00\u5927\u5e45\u4e0b\u8dcc\uff0c\u6b27\u5143\u8d70\u5f31\uff0c\u6c47\u4ef7\u8dcc\u81f32022\u5e742\u6708\u4ee5\u6765\u6700\u4f4e\u3002\u6700\u65b0\u4ea4\u6295\u4e8e\u7ea6367\u6c34\u5e73\uff0c\u65e5\u5185\u4e0b\u8dcc\u7ea62.25%\u3002<\/p>\n

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\u5728\u201c\u8d85\u7ea7\u591a\u6570\u201d\uff08supermajority\uff0c\u6307\u8bae\u4f1a\u5e2d\u4f4d\u8fbe\u5230\u53ef\u5355\u65b9\u9762\u63a8\u52a8\u91cd\u5927\u7acb\u6cd5\/\u5173\u952e\u6761\u6b3e\u4fee\u6539\u7684\u95e8\u69db\uff09\u4e0b\uff0c\u9a6c\u624e\u5c14\u53ef\u4fee\u5baa\u3002\u4ed6\u8868\u793a\u5c06\u6062\u590d\u6cd5\u6cbb\u3001\u6253\u51fb\u8d2a\u8150\u3001\u5f3a\u5316\u6c11\u4e3b\u673a\u6784\uff0c\u5e76\u91cd\u7f6e\u4e0e\u6b27\u76df\u5173\u7cfb\u3002<\/p>\n

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BHH\u62a5\u544a\u79f0\uff0c\u968f\u7740\u201c\u653f\u6cbb\u98ce\u9669\u6ea2\u4ef7\u201d\uff08political risk premium\uff0c\u6295\u8d44\u8005\u56e0\u62c5\u5fe7\u653f\u6cbb\u4e0d\u786e\u5b9a\u6027\u800c\u8981\u6c42\u7684\u989d\u5916\u56de\u62a5\uff09\u4e0b\u964d\uff0c\u798f\u6797\u53ef\u80fd\u8d70\u5f3a\uff1b\u540c\u65f6\uff0c\u9009\u4e3e\u7ed3\u679c\u4e5f\u5bf9\u6b27\u5143\u7565\u6709\u652f\u6301\uff0c\u56e0\u4e3a\u5b83\u964d\u4f4e\u4e86\u6b27\u76df\u5185\u90e8\u201c\u653f\u6cbb\u788e\u7247\u5316\u98ce\u9669\u201d\uff08political fragmentation risk\uff0c\u6210\u5458\u56fd\u653f\u6cbb\u5206\u88c2\u5bfc\u81f4\u653f\u7b56\u66f4\u96be\u534f\u8c03\u7684\u98ce\u9669\uff09\u3002\u9ad8\u76db\u8868\u793a\uff0c\u82e5\u5308\u7259\u5229\u63a8\u8fdb\u201c\u5411\u6b27\u5143\u9760\u62e2\/\u8d8b\u540c\u201d\uff08euro convergence\uff0c\u6307\u5728\u901a\u80c0\u3001\u8d22\u653f\u3001\u5229\u7387\u7b49\u6307\u6807\u4e0a\u66f4\u63a5\u8fd1\u6b27\u5143\u533a\u6807\u51c6\uff09\uff0c\u53ef\u80fd\u5305\u62ec\u628a\u901a\u80c0\u76ee\u6807\u4ece3%\u4e0b\u8c03\u81f3\u4e0e\u6b27\u5143\u533a\u4e00\u81f4\u76842%\u3002<\/p>\n

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EUR\/HUF\u6025\u8dcc\u81f3367\uff0c\u662f\u4e00\u6b21\u5173\u952e\u8dcc\u7834\uff0c\u76f4\u63a5\u51fb\u7a7f2025\u5e74\u4e00\u76f4\u5b88\u4f4f\u7684\u201c\u6280\u672f\u652f\u6491\u4f4d\u201d\uff08technical support\uff0c\u56fe\u8868\u4e0a\u5e38\u89c1\u7684\u4e70\u76d8\u9632\u7ebf\u4ef7\u4f4d\uff09\u3002\u8fd9\u663e\u793a\u5e02\u573a\u6b63\u5feb\u901f\u6d88\u5316\u3001\u751a\u81f3\u5254\u9664\u957f\u671f\u538b\u5728\u798f\u6797\u4e0a\u7684\u653f\u6cbb\u98ce\u9669\u6ea2\u4ef7\u3002\u4f46\u4e0d\u5b9c\u8ffd\u7a7a\u8fd9\u6ce2\u521d\u6bb5\u4e0b\u8dcc\uff0c\u56e0\u4e3a\u201c\u83b7\u5229\u4e86\u7ed3\u201d\uff08profit-taking\uff0c\u5356\u51fa\u9501\u5b9a\u5229\u6da6\uff09\u53ef\u80fd\u5f15\u53d1\u77ed\u7ebf\u53cd\u5f39\u3002<\/p>\n

EUR\/HUF\u671f\u6743\u7684\u201c\u9690\u542b\u6ce2\u52a8\u7387\u201d\uff08implied volatility\uff0c\u671f\u6743\u4ef7\u683c\u53cd\u6620\u7684\u672a\u6765\u6ce2\u52a8\u9884\u671f\uff09\u98d9\u5347\u81f3\u4e00\u5e74\u591a\u9ad8\u4f4d\uff0c\u53cd\u6620\u91cd\u5927\u653f\u6cbb\u53d8\u5316\u540e\u7684\u4e0d\u786e\u5b9a\u6027\u3002\u8fd9\u5e26\u6765\u8fd0\u7528\u7b56\u7565\u7684\u7a7a\u95f4\uff0c\u4f8b\u5982\u5728375\u4e0a\u65b9\u5356\u51fa\u201c\u770b\u6da8\u4ef7\u5dee\u201d\uff08call spread\uff0c\u5356\u51fa\u8f83\u4f4e\u884c\u6743\u4ef7\u770b\u6da8\u671f\u6743\u540c\u65f6\u4e70\u5165\u8f83\u9ad8\u884c\u6743\u4ef7\u770b\u6da8\u671f\u6743\uff0c\u4ee5\u9650\u5236\u98ce\u9669\uff09\u3002\u82e5\u6c47\u4ef7\u65e0\u6cd5\u660e\u663e\u53cd\u5f39\uff0c\u8be5\u7b56\u7565\u53ef\u83b7\u5229\uff0c\u4e5f\u80fd\u5229\u7528\u5f53\u524d\u8f83\u9ad8\u7684\u201c\u6ce2\u52a8\u7387\u6ea2\u4ef7\u201d\uff08volatility premium\uff0c\u671f\u6743\u56e0\u6ce2\u52a8\u9884\u671f\u9ad8\u800c\u66f4\u8d35\u7684\u90e8\u5206\uff09\u3002<\/p>\n

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