The word swapping means to exchange. So, a currency swap is an agreement or a contract between the two parties. In such a swap they agree to trade their currencies at the preset up terms and conditions. Thus, a currency swap or a cross-currency swap is an off-balance sheet transaction. Here, two parties exchange principal amount and interest that incur in different currencies. The dual purpose of a currency swap is – To hedge exposure to exchange rate risk, orRead More
Also known as cross-currency swaps, currency swapping are a vital financial instrument for any multinational corporation or institutional investor planning to invest in an international business venture. While you may find them to be very similar to other financial derivatives like interest rate swaps and equity swaps, there are some fundamental qualities that make currency swapping different and comparatively more complex in nature. Before we delve further into the subject, let’s first understand what currency swaps are, and how currencyRead More
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Your family deserves this time more than we do.
Share happiness with your family today & come back soon. We will be right here.
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humein to khushiyon ko badhana hai.