Its net foreign-exchange exposure is nil, but Iceland was in a similar position, and its Banks have not been able to liquidate foreign assets to cover their foreign debts.

英国的净外汇敞口是零，但冰岛当时的头寸也差不多如此，而它的银行还是不能用外币资产来清偿其外债。

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Since the mechanism of a currency transactions levy is supposed to be based on taxing the net position of foreign exchange transactions, it could represent a restriction of the free movement of capital and payments (Article 63 TFEU).

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Its net foreign-exchange exposure is nil, but Iceland was in a similar position, and its banks have not been able to liquidate foreign assets to cover their foreign debts.

ECONOMIST: Iceland