Foreign-exchange swaps
From MarketsWiki
(Redirected from Foreign-exchange swap)
A foreign exchange, or Forex, swap is a simultaneous purchase and sale of identical amounts of one currency for another with two different value dates. One part of the trade is a foreign exchange spot trade, and the other is a foreign exchange forward transaction. [1]
It is not to be confused with a currency swap.
References
- ↑ forex swap definition. Investorwords.com.
