Dual currency swaps involve exchanging the principal and interest repayment obligations associated with a dual currency bond. The timing and terms of the dual currency swap would be structured to ...

Currency swaps silently set the stage for a lot of economic activity worldwide. According to the latest reliable data, global daily currency swaps in 2022 was about $400 billion, around 5% of the ...

A cross-currency swap is an agreement between two parties to exchange interest payments and principal denominated in two different currencies. These types of swaps are often utilized by large ...

Chinese businesses and investors are primed for the yuan to stay steady for now and eventually depreciate as U.S. trade ...

Introduction Since the financial crisis of 2007, central banks around the world have entered into a multitude of bilateral currency swap agreements with one another. These agreements allow a ...

Cross-currency swaps and FX swaps have important differences. Learn their pros, cons, uses, and essential details.

Nigeria has renewed its bilateral currency swap agreement with China, six years after the deal was initially struck between both countries.The Central Bank of Nigeria (CBN) and the People's Bank ...

Argentina and China last year renewed the activated part of the currency swap through July 2026, which helped to defuse fears over a payment crunch. The central bank did say then it would ...

The staff of IGI Airport Police arrested Iranian national Fatemah Akbari, who was involved in an ingenious currency swap fraud that duped a US citizen of $700 at Delhi's Indira Gandhi International ...

An Iranian woman, Fatemah Akbari, was arrested at a guest house in Delhi for allegedly deceiving a 70-year-old US citizen out of USD 700 at IGI Airport. The scam involved swapping genuine currency ...