Swap Arrangement
Summary of Swap Arrangement
An agreement between central banks to lend each other prearranged sums of each other’s currency. This arrangement is designed to permit a central bank to intervene in the foreign exchange market so as to retard speculative pressures on its currency. Such agreements are generally bilateral and usually provide for the borrowing central bank to repay loans within three months.
(Main Author: William J. Miller)
Hierarchical Display of Swap arrangement
Finance > Free movement of capital
Swap arrangement
Concept of Swap arrangement
See the dictionary definition of Swap arrangement.
Characteristics of Swap arrangement
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Resources
Translation of Swap arrangement
- Spanish: Swap
- French: Crédit croisé
- German: Swap
- Italian: Credito incrociato
- Portuguese: Crédito cruzado
- Polish: Operacja swap
Thesaurus of Swap arrangement
Finance > Free movement of capital > Swap arrangement
See also
- Currency swap
- Liability swap
- Asset swaps
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