We welcome your comments and suggestions.
Please enter all fields marked above. Email must be an accepted format
Your feedback has been received.
Thank you for taking the time to help us continue to improve our handbook.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
A foreign exchange swap is the simultaneous borrowing and lending of one currency for another with two different value dates.
See also: http://www.bis.org/publ/qtrpdf/r_qt0803z.htm