As Banks became more and more averse to lending, the supply of dollars available to the currency market shrank, and the dollar gained against other currencies such as the 15-nation euro.

由于银行越来越惜贷，致使现金流通市场中美元供应紧缩，美元对诸如15国统一货币——欧元等其他货币在升值。

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"Market intelligence suggested that a number of euro-banks had begun to reduce their lending across a broad range of sectors, particularly overseas," they said.

他们称：“市场情报显示为数不少的欧元区银行已经开始压缩许多领域的放贷，最受影响的是海外借款人。”

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Another concern is that affiliates of foreign Banks are using the ECB as a source of funds for lending outside the euro area.

另一个顾虑就是外资银行的下属支行纷纷将欧洲央行作为资金来源，向欧元区外提供贷款。

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Just across the English Channel, a less-dovish European Central Bank (ECB) policy stance and the ongoing euro-lending indicator improvements has the Pound Sterling playing second fiddle.

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Figures show that total euro-zone lending to households and non-financial firms has declined in recent months, despite the ECB's actions.

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His strategy was based on the fixing of three-month swaps pegged to Euribor -- the euro-based interbank lending rate set in Brussels by averaging 44 banks' submissions, regulators have said.

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