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Currency Swapping: Hotter Than Wife Swapping?

OK, so the post title is idiotic (but catchy!) I can explain the former, though the latter is beyond the scope of this blog's coverage ... for a foreign currency at the prevailing exchange rate to help tide over its current FX funding needs. At an agreed date, the process is reversed, with the future exchange rate determined by the interest [more...]

Date: 2008-10-30 10:56:00

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