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Currency swap

Hhuma8y ago
Sir whether its currency swap or interest rate swap , there is no exchange of principle in both of them? Also what is the main difference between currency swap and interest rate swap?
John MoffatJohn MoffatTutor8y ago#1
Currency swaps and interest rate swaps are more or less the same thing (as far as F9 is concerned) expect that currency swaps are when you want to borrow in a different currency.
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