wài huì
change; devise étrangère
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外汇储备增加
wàihùi chúbèi zēngjiā
Foreign exchange reserves increase
外汇市场
wàihùi shìchǎng
Foreign exchange market
外汇管制
wàihùi guǎnzhì
Foreign exchange control
汇率 (huì lǜ)
exchange rate
外币 (wài bì)
foreign currency
内汇 (nèihuì)
domestic currency
本币 (běnbì)
local currency
The Chinese word 外汇 (wàihuì) is a compound of two characters: 外 (wài), meaning "outside" or "foreign", and 汇 (huì), meaning "to exchange" or "to remit". Together, they form the term "foreign exchange", which refers to the process of converting one currency into another.The character 外 (wài) is composed of two parts: the radical 门 (mén), meaning "door" or "gate", and the phonetic component 韦 (wéi). The radical 门 suggests that the character is related to something that is outside or beyond a boundary, while the phonetic component 韦 provides the pronunciation.The character 汇 (huì) is composed of two parts: the radical 水 (shuǐ), meaning "water", and the phonetic component 兑 (duì). The radical 水 suggests that the character is related to something that flows or moves, while the phonetic component 兑 provides the pronunciation.When combined, the characters 外 (wài) and 汇 (huì) form the term 外汇 (wàihuì), which refers to the process of exchanging one currency for another. This process is essential for international trade and commerce, as it allows businesses and individuals to buy and sell goods and services from other countries.