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Forex question What is Currency Swap?
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Question by: Henry - 20 Apr 2016, 07:52:40
What is Currency Swap?
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Answer by: Jeremy - 20 Apr 2016, 08:00:06

Contract which commits two counter-parties to exchange streams of interest payments in different currencies for an agreed period of time and to exchange principal amounts in different currencies at a pre-agreed exchange rate at maturity.

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