The acronym CIRCUS stands for
A. Current Interest Rate Swap
B. Circular Currency Swap
C. Combined Income Range Currency Swap
D. Combined Interest Rate and Currency Swap
Answer: Option D
Solution(By Examveda Team)
The acronym CIRCUS stands for Combined Interest Rate and Currency Swap. A Circus Swap is a common Forex transaction that's a combination of an interest rate swap and a currency swap in which a fixed-rate loan in one currency is swapped for a floating-rate loan in another currency.This Question Belongs to Management >> International Finance And Treasury
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