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.

As a dollar-based institution, IFC’s foreign bond issues are always swapped backed to the currency, meaning IFC entered a ...

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 ...

The deals were announced during the visit by a senior Chinese delegation led by the country’s premier to Cairo this week.

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

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

China and Egypt signed a memorandum of understanding (MoU) on Thursday to enhance bilateral financial collaboration, ...

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 ...

MUMBAI] Global lenders plan to ask India’s central bank to soften a plan requiring them to report offshore interest-rate ...

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 ...