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 ...

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

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 ...

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 ...

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

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 ...

Argentina agreed with China the renewal for three years of the currency swap for 130 billion yuan (US$ 19 billion), with free availability of US$ 10 billion, according to the BCRA.

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 ...

Iranian national held for ingenious currency swap at Delhi Airport. A 52-year-old Iranian national, Fatemah Akbari, was arrested by the police at the Indira Gandhi International A ...

A currency swap is a foreign exchange transaction that involves trading principal and interest in one currency for the same in another currency. Learn why this is done.