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currencxy swap

 

Definitions from the Web

Currency Swap

A currency swap is a financial agreement between two parties to exchange a specific amount of one currency for an equivalent amount of another currency. It is a commonly used tool in international finance to manage foreign exchange risk.

Sample Sentences:

  1. Many multinational corporations use currency swaps to secure stable exchange rates and reduce exposure to volatile currency markets.
  2. The central bank implemented a currency swap arrangement with a neighboring country to facilitate trade and stabilize their respective currencies.
  3. Investors can benefit from a currency swap by taking advantage of different interest rates between two countries.

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