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A cross surrency swap has elements of both currency and interest rate transactions.

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Q: Is a cross currency swap an FX transaction?
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What is the difference between cross currency basis swap and cross currency fx swap?

A cross-currency basis swap agreement is a contract in which one party borrows one currency from another party and simultaneously lends the same value, at current spot rates, of a second currency to that party. The parties involved in basis swaps tend to be financial institutions, either acting on their own or as agents for non-financial corporations. An FX swap agreement is a contract in which one party borrows one currency from, and simultaneously lends another to, the second party. Each party uses the repayment obligation to its counterparty as collateral and the amount of repayment is fixed at the FX forward rate as of the start of the contract.


What is exact mean by forex?

Forex (or FX) is short for Foreign Exchange. It represents a transaction where a currency is exchanged for another at a mutually agreed rate.


Is FX currencey trading also know as FOREX currency trading?

FX currency is also known as FOREX currency trading. It is regarded as the value of a country's currency in comparison to another country. Exchange rates are determine by foreign markets.


What is a fx trader?

"Fx trader, or Foreign exchange market, is a global financial market to show the current foreign exchange on currencies. It determines the currency exchange rates."


What services does FX Forex provide?

FX Forex provides many different services. FX Forex helps with the exchange rates of currency. They work with the U.S. dollar, Canada dollar, UK Pound and many other currencies around the world.

Related questions

What is the difference between cross currency basis swap and cross currency fx swap?

A cross-currency basis swap agreement is a contract in which one party borrows one currency from another party and simultaneously lends the same value, at current spot rates, of a second currency to that party. The parties involved in basis swaps tend to be financial institutions, either acting on their own or as agents for non-financial corporations. An FX swap agreement is a contract in which one party borrows one currency from, and simultaneously lends another to, the second party. Each party uses the repayment obligation to its counterparty as collateral and the amount of repayment is fixed at the FX forward rate as of the start of the contract.


What is exact mean by forex?

Forex (or FX) is short for Foreign Exchange. It represents a transaction where a currency is exchanged for another at a mutually agreed rate.


Why is FX currency exchange important to international trade?

The FX currency exchange is essential to international trade. It allows for the conversion of currency, USD to Yen to Euro to GBP, you name it, they convert it.


Safest currency for the future invstment?

A currency future, which is also narrated as FX future or foreign exchange future, is a future contract. This is the currency that is used in international market to exchange currency. All country use this main currency as their reserve and deal with other countries in this FX currency.


Is FX currencey trading also know as FOREX currency trading?

FX currency is also known as FOREX currency trading. It is regarded as the value of a country's currency in comparison to another country. Exchange rates are determine by foreign markets.


What does it mean for an Oanda FX?

An Oanda FX is a foreign currency converter or conversion. It provides information regarding foreign exchange currency including conversions, transfers and exchange.


What is forex options?

An option on a currency exchange, or FX trade.


What is an FX future in relation to trading?

In relation to trading, an FX future refers to a currency, or foreign exchange future. This means that one is trading on what the price of a certain currency will be at a certain date and time. This is typically done with US currency.


What is other name for foreign exchange?

Forex, FX, currency exchange


The price of one country's currency if you were to buy it with another country's currency is known as the?

Foreign Exchange (FX) rate


What do you term by currency exposures?

Currency exposure occurs when you could make a loss (or gain) from an FX rate changing. For example, If I had a bank account in the UK with GBP10,000 when I am a US investor, should the Sterling FX rate change then that will affect the current US Dollar value, so I have a currency exposure.


Where can one find the FX rate of currency online?

One can find FX currency rates on the websites of most banks and broadsheet newspapers including The Financial Times and The Daily Telegraph. They can also be found on money related websites like This Is Money.