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。

youdao

Some analysts said the buying was driven by speculation that Japanese insurance companies and other investors would sell foreign assets to cover the cost of rebuilding after the earthquake.

一些分析人士认为做多日元的行为是由日本保险公司以及那些愿意出售其外资资产来负担震后重建成本的投资者们的投机行为所致。

youdao

And with Banks still able to toy with the value of their assets, they may not be able to cover the risk of loans, just as in 2007.

银行仍旧可以玩弄他们的资产价值，他们可能依然无法弥补贷款的风险，就像2007年一样。

youdao

Many banks have been reluctant to loan money because they are unsure if they will need their cash reserves to cover the cost of billions of dollars in questionable loans, which are frequently referred to as toxic assets.

VOA: standard.2009.03.23

The local loop assets cover the last mile or so of wire between telephone exchanges and homes.

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The problem is, as with any borrower, what are the assets that cover these debts?

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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