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 ...

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 ...

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.

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 ...

Argentina and China last year renewed the activated part of the currency swap through July 2026, which helped to defuse fears over a payment crunch. The central bank did say then it would ...

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.

Brazil's central bank said Monday it will sign a currency swap agreement with the People's Bank of China, with a maximum outstanding value of 157 billion reais ($27.69 billion) and a five-year term.