a foreign-exchange agreement between two institutions to exchange aspects (namely the principal and/or interest payments) of a loan in one currency for equivalent aspects of an equal in net present value loan in another currency.
foreign-exchange agreement between two institutions to exchange aspects of a loan in one currency for equivalent aspects of an equal in net present value loan in another currency
Capital commitments relating to interest-rate and currency swaps
Compromisos de capital vinculados a operaciones de swap de divisas y de tipos de interés
In their quest to ensure sufficient liquidity, Asian economies have also actively pursued currency-swap arrangements.
En su afán por garantizar la suficiente liquidez, las economías asiáticas también han buscado activamente firmar acuerdos de intercambio de divisas (“swaps”).
Emerging economies are also holding less sovereign debt, and they have created bilateral and regional currency-swap arrangements.
Las economías emergentes también tienen en su poder menos deuda soberana y han creado acuerdos bilaterales y regionales de permuta de divisas.ProjectSyndicate ProjectSyndicate