Meaning of 套汇
套汇 means to illegally purchase or exchange foreign currency; to engage in currency arbitrage. Pronounced tào huì.
- to illegally purchase or exchange foreign currency
- to engage in currency arbitrage
Definitions & Examples
Zhè这
zhǒng种
tào套
huì汇
xíng行
wéi为
shì是
wéi违
fǎ法
de的
，
huì会
shòu受
dào到
yán严
lì厉
chǔ处
fá罚
。
This kind of illegal forex trading is against the law and will be severely punished.
Tā他
yīn因
tào套
huì汇
bèi被
hǎi海
guān关
fá罚
kuǎn款
shí十
wàn万
yuán元
。
He was fined one hundred thousand yuan by customs for illegal foreign exchange trading.