Question
What are Foreign Exchange Swaps?
Interesting Question?
(5)
(4)
Answers (1)
28th Feb 2011 by admint
Foreign exchange swap is an agreement to exchange stipulated amount of a currency to another currency at one or more future dates. These are used by national central banks to ensure that they have enough amounts of widely used currencies.
Foreign exchange swap is an agreement to exchange stipulated amount of a currency to another currency at one or more future dates. These are used by national central banks to ensure that they have enough amounts of widely used currencies.
Like This Answer?
(0)
(0)
This answer is the subjective opinion of the writer and not of FinancialAdvisory.com
17th May 2010 In Investing
1 Answers | 55 Views
Subjects: foreign exchange swaps,
