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SAFE

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Abbreviation for synthetic agreement for forward exchange. A type of forward currency exchange rate agreement designed to provide a currency hedge over a specific forward period. Equivalent to a forward currency [[Swap|swap]] without an exchange of [[Principal|principal]].
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Abbreviation for synthetic agreement for forward exchange. A type of forward currency exchange rate agreement designed to provide a currency hedge over a specific forward period. Equivalent to a forward currency [[Swap|swap]] without an exchange of [[Principal|principal]]. SAFE is also an abbreviation for State Administration for Foreign Exchange, the body responsible for China's foreign exchange reserves which amount to nearly two trillion dollars as of 2009
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See also: [[ERA]]
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See also: [[ERA]], http://www.safe.gov.cn/model_safe_en/index.jsp
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SAFE is also an abbreviation for State Administration for Foreign Exchange, responsible for China's foreign exchange reserves of nearly two trillion dollars.
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See also: http://www.safe.gov.cn/model_safe_en/index.jsp
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Revision as of 13:26, 25 November 2009

Abbreviation for synthetic agreement for forward exchange. A type of forward currency exchange rate agreement designed to provide a currency hedge over a specific forward period. Equivalent to a forward currency swap without an exchange of principal. SAFE is also an abbreviation for State Administration for Foreign Exchange, the body responsible for China's foreign exchange reserves which amount to nearly two trillion dollars as of 2009

See also: ERA, http://www.safe.gov.cn/model_safe_en/index.jsp

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