よくある質問
FX Swaps FAQs
What is an FX swap?
An FX swap is a simultaneous purchase and sale of identical amounts of one currency for another with two different value dates, used primarily for hedging and funding purposes.
How do banks use FX swaps?
Banks use FX swaps to obtain foreign currency funding without taking on exchange rate risk, managing liquidity across different currencies while maintaining their balance sheets.
What's the difference between FX swaps and currency swaps?
FX swaps involve two exchanges of principal with a short-term maturity, while currency swaps typically involve interest payments and longer terms with a final principal exchange.