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How exchange of principal and interest in one currency?
Expalin
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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.
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.
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