A simultaneous purchase and sale of foreign exchange for two different dates
A. currency devalue
B. currency swap
C. currency valuation
D. currency exchange
Answer: Option B
Solution(By Examveda Team)
A simultaneous purchase and sale of foreign exchange for two different dates currency swap. A currency swap is an agreement in which two parties exchange the principal amount of a loan and the interest in one currency for the principal and interest in another currency.This Question Belongs to Management >> International Finance And Treasury
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