Foreign exchange swap
id:
foreign-exchange-swap-286-3119606
title:
Foreign exchange swap
text:
In finance, a foreign exchange swap, forex swap, or FX swap is a simultaneous purchase and sale of identical amounts of one currency for another with two different value dates and may use foreign exchange derivatives. An FX swap allows sums of a certain currency to be used to fund charges designated in another currency without acquiring foreign exchange risk. It permits companies that have funds in different currencies to manage them efficiently.
brand slug:
wiki
category slug:
encyclopedia
description:
Simultaneous purchase and sale of identical amounts of one currency for another
original url:
https://en.wikipedia.org/wiki/Foreign_exchange_swap
date created:
date modified:
2024-01-02T16:47:04Z
main entity:
{"identifier":"Q492827","url":"https://www.wikidata.org/entity/Q492827"}
image:
fields total:
13
integrity:
14