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2. Match English and Russian equivalents:

against the yen

повысить, вырасти

to come to an end

против (по сравнению с) иеной

to gain with trading thin

Курс доллара стал расти благодаря ….

GBP 50m worth of D-Marks

поскольку операции с бумагами идут неактивно

to close at D. M. 1.557

подойти к концу

The market closed for the holiday

немецкие марки на сумму 50 млн. фунтов стерлингов

The dollar resumed its advances

Курс доллара стал расти благодаря ….

The dollar was boosted by...

Рынок закрылся на период праздничных дней.

The sterling rebounded.

Он возрос, хотя предсказали его падение.

It sent sterling higher.

Эти цифры говорили о том же, что и данные последних недель.

The stock and bond markets rebounded.

Положение экономики США снова стало улучшаться.

It rose where a fall had been forecast.

Благодаря этому курс фунта вырос.

The figures added to the evidence of recent weeks.

Активность рынка ценных бумаг и облигаций снова возросла.

The American economy has resumed stronger growth.

Курс фунта вырос.

3. Insert articles prepositions:

● Here is ____ item on financial news published by ____ Financial Times: dollar and ____ pound resumed their advances.

US currency was helped chiefly by ____ US stock and bond markets ____ dollar was also boosted by US construction spending for November ____ dollar rose where ____ fall had been forecast

The figures also say that ____ American economy has resumed stronger growth.

● The dollar gained 1.5 pfennigs ____ the D-Mark ____ and Y 0.5 ____ the yen.

But the Tokyo market remained closed ____ the national holiday.

Sterling rebounded 2.8 pfennigs ____ the D-Mark after losing 3 pfennigs ____ Thursday.

The pound closed. London ____ DM 2.635 ____ the German currency.

It gained ____ strong consumer credit data.

4. Underline the verbs and translate the sentences into Russian:

The dollar rose where a fall had been forecast. –

The figures added to the evidence that the American economy has resumed stronger growth. –

The US deceleration is coming to an end. –

The dollar was boosted by US construction spending for November. –

With trading thin it sent sterling about a pfennig high. –

It gained on strong consumer credit data and rising oil prices. –

5. Find the answers in the text:

What was the strongest currency over the holiday?

What sale sent the pound a pfennig higher?

What was the position of the pound for spot transactions in New York on November 18?

UNIT 38

GOOD-BYE TO LONDON

1. Read and translate the text:

In the evening Mr. Hill invited all the participants to a farewell party at the Beefeater restaurant near the Tower of London. In general Beefeaters are warders of the Tower, dressed as in the days of the Tudor kings. The restaurant is famous for its medieval ages performance and the spirit of the time. It's like a costume drama with the history of England unfolding before the eyes of the guests. The participants enjoyed the performance immensely, had a very nice meal and a few drinks. A few toasts were pronounced like these:

To the success of our business!

To our prosperous business! Cheers!

To your very good health!

There were also many thanks like these:

Thank you very much for having us.

Thank you for the nice stay we had here in London.

We were very happy here. Thank you very much.

Everything was unforgettable. I thank you a lot.

We've really enjoyed the visit.

In the morning the Group checked out and the coach took them to the Heathrow Airport. There was no queueing up they checked in very quickly and went upstairs to the Passport Control point. Here they said good-bye and expressed thanks to Mr. Hill. In reply he said many kind words and wished them a safe journey.

The journey back home was really very smooth and enjoyable. A few days later Pete Smirnov, General Director of Economic training, sent the following letter to Mr. Hill:

Dear Mr. Hill,

Let me thank you and your esteemed company on behalf of the Group and our company for the hearty atmosphere of their stay in London, for very informative lectures and very useful external visits they had. They also thank you heartily for the chances to do some business of their own and to make a few visits they had planned. I hope that we shall arrange similar programs in future as well to the satisfaction of our both parties.

Let me send you and your family my best wishes for Christmas and a very prosperous New Year.

Yours faithfully,

Pete Smirnov