Traders new to the forex market might confuse the terms FX swap and cross-currency swap since both include a reference to currencies and a swap. These two over-the-counter products from the ...
Argentina will have US$ 10 billion to play on the domestic foreign exchange market and avoid a steeper devaluation of the peso after renewing a currency swap with China, Economy Minister Sergio ...
After securing the Chinese swap, Argentina will pay Monday US$ 2.3 billion to the International Monetary Fund and private holders of bonds restructured in 2020. Payments to foreign creditors will ...
Multinational companies are beefing up their foreign exchange hedging strategies to guard their overseas earnings from larger ...
Jamal Mecklai of Mecklai Financial has a suggestion for the Reserve Bank of India, following a complex currency swap transaction it advised a client on. The CEO of Mecklai Financial, a treasury ...
KUALA LUMPUR: Talks on a potential currency swap between Malaysia and Turkiye are being finalised by the central banks of both countries, according to Foreign Minister Datuk Seri Saifuddin Abdullah.
The first currency swap between the two countries was based on the Chiang Mai Initiative framework, an agreement signed among Asian economies over two decades ago to prevent a recurrence of the ...
Japan and South Korea agreed to revive a $10 billion (1.44 trillion yen) currency swap agreement last in use around eight years ago to help each other out by supplying U.S. dollars in times of ...
Pakistani Finance Minister Muhammad Aurangzeb, during discussions in Washington, DC, requested China to increase the currency swap limit to 40 billion yuan. He expressed gratitude for China's ...