Currency swap, Financial Management

How exchange of principal and interest in one currency?

Expalin

Posted Date: 2/14/2013 12:47:51 AM | Location : United States





Definition of ''Currency Swap'':

A swap that adds the exchange of principal and interest in one currency for the similar as another currency. It is supposed to be a foreign exchange transaction and is not needed by law to be shown on a company''s balance sheet.

Posted by Sherly | Posted Date: 2/14/2013 12:48:22 AM


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