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nevsk [136]
3 years ago
6

A ________ transaction in the interbank market is the simultaneous purchase and sale of a given amount of foreign exchange for t

wo different value dates. futures forward-forward spot swap
Business
1 answer:
miskamm [114]3 years ago
3 0

Answer:

Explanation:

A swap transaction in the inter bank market is the simultaneous purchase and sale of a given amount of foreign exchange for two different value dates. The purchase and sale are with the same counterpart. A swap may be considered a technique for borrowing another currency on a fully collateralize basis.

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