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What’s the difference between forex swap n currency swap can u plz explain me
Forex and currency swaps mean exactly the same.
They are explained in Chapter 19 of our free lecture notes.
As far as calculations are concerned (which are rare in the exam), they are essentially the same as interest rate swaps except that (as written in the notes) the currencies need exchanging at the start of the arrangement and at the end. Questions will always tell you what has been agreed as to the exchange rate to be used.
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