Reciprocal short-term credit agreement between central banks to stabilize currency prices through Intervention in the foreign exchange market.
| Banking Dictionary: Swap Network |
Reciprocal short-term credit agreement between central banks to stabilize currency prices through Intervention in the foreign exchange market.
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![]() | Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more |
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