Foreign exchange swap

Simultaneous spot and forward transactions exchanging one currency against another. The Eurosystem can execute open market monetary policy operations in the form of foreign exchange swaps, where the national central banks (or the ECB) buy or sell euro spot against a foreign currency and at the same time sell or buy them back in a forward transaction. (European Central Bank)

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Foreign exchange settlement risk (cross-currency settlement risk)

Foreign exchange revaluation

Foreign exchange operations

Foreign exchange forward

Foreign currency holding

Flow (transactions)