What Is a Foreign Currency Swap?

Answer Foreign currency swaps are when both a principal amount and the interest payments on that amount are exchanged for a set period of time. They are used to access foreign currency and foreign debt.

Top Q&A For: What Is a Foreign Currency Swap

What is a foreign exchange swap?

Foreign exchange is critical for international business. Of course, currency fluctuations expose global parties to financial risk. Foreign exchange swaps are designed to manage currency risks.Ident... Read More »

What Is Foreign Currency Valuation?

Currency values change from time to time depending on market factors. If you have any kind of exposure to foreign currencies, you will need to be aware of foreign currency valuation.

Where is foreign currency traded?

Spot Forex trading takes place through Over the Counter (OTC) markets, where participants trade directly with each as opposed to through a trading exchange, in which the exchange acts as an interme... Read More »

Where do I exchange foreign currency?

If you need to exchange foreign currency, you may be able to do so at your bank. You can also exchange foreign currency at an exchange service in a hotel or airport, or use your ATM card once you a... Read More »