Official economical text
Hi there! My homework is to translate an economical text into english. To tell the truth, it was hard for me. Can anyone please check it out, and correct my mistakes? Thank you in advance!
I. The purpose of (the) executive circular letter, and its effect /scope
The purpose of the present executive circular letter is, that the Hungarian National Bank’s (hereafter referred to as ”HNB”) resultant losses from adequacy, thanks to the soccouring allusive legal acts for the debtors with foreign currency loans, additionally/in addition/ as well as/ together with to give guidelines in order to in lower rates realised gains/revenues/incomes, in the subject of judgement by functional risk, that the expectations and methodology what has been stated in the executive circular letter, uniformly integrate in the financial intitutions’ risk management functional pracitce. Following the contained expectations in the executive circular letter contribute to the financial institutional system’s functioning.
II. The resultant losses from adequacy of allusive legal acts for the debtors with foreign currency loans, as well as/additionally/ in addition/ in the lower rates realised /revenue/gain/income functional risk implication
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