Hedge against

    对冲风险

    周五英镑兑美元重挫1%，对冲6月23日英国退欧公投前后汇率波动的成本升至七年最高。请看本报昨日的报道：

    Sterling sank Friday by 1 percent to a seven-week low to the dollar as the cost of hedging against swings in its value around the June 23 referendum on Britain's European Union membership rose to the highest in seven years.

    Since falling to a low of US$1.38 in February, the pound has held up well in the face of concerns that a vote to leave would undermine economic growth and create problems with financing of the country's huge current account gap.

    报道中的hedge against就是“对冲风险”，hedge可作动词也可作名词。例如：

    Warrants can be used to hedge against the swings in stock prices.

    权证可以对冲未来股价波动的风险。

    Buying a house is the best hedge against inflation.

    购房是对冲通胀风险的最佳措施。