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 ...

Dual currency swaps involve exchanging the principal and interest repayment obligations associated with a dual currency bond. The timing and terms of the dual currency swap would be structured to ...

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 ...

A cross-currency swap is an agreement between two parties to exchange interest payments and principal denominated in two different currencies. These types of swaps are often utilized by large ...

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

Argentina and China have renewed the activated part of a major currency swap line for the equivalent of $5 billion through July 2026, Argentina's central bank said on Wednesday, defusing fears it ...

Egypt signed a local-currency swap agreement worth around $1.4 billion with the United Arab Emirates, as the North African nation seeks ways to ease an economic crisis.

China is pursuing a strategy of selective RMB integration – eschewing full capital account liberalization and avoiding a ...

An Iranian woman, Fatemah Akbari, was arrested at a guest house in Delhi for allegedly deceiving a 70-year-old US citizen out ...

The staff of IGI Airport Police arrested Iranian national Fatemah Akbari, who was involved in an ingenious currency swap fraud that duped a US citizen of $700 at Delhi's Indira Gandhi International ...

Iranian national held for ingenious currency swap at Delhi Airport. A 52-year-old Iranian national, Fatemah Akbari, was arrested by the police at the Indira Gandhi International A ...