What Is an FX Swap

question 357

Multiple Choice

What is an FX swap?

• A) An exchange ot two streams of interest payments in different currencies and an exchange of the principal amounts of those currencies at maturity
• B) A spot sale (purchase) and a forward purchase (sale) of two currencies agreed simultaneously between two parties
• C) An exchange of currencies on a date beyond spot and at a price fixed today
• D) None of the above

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Definitions:

Public Clouds

Shared, easily accessible, multi-customer IT infrastructures that are available nonexclusively to any entity in the general public (individuals, groups, and organizations).

IT Infrastructures

The comprehensive framework of technology components, such as hardware, software, networks, and data centers, that support an organization's IT operations.

Cloud Computing

The delivery of computing services—including servers, storage, databases, networking, software, analytics, and intelligence—over the Internet to offer faster innovation, flexible resources, and economies of scale.

Ubiquitous

The condition of being everywhere at the same time, commonly used to describe technologies that have become an integral part of daily life.