Interest rate swaps help parties convert floating-rate loans to fixed ones (and vice versa) to achieve cost-effective borrowing. Currency swaps allow companies in different countries to access ...

Nigeria's economy is at a crossroads. With oil prices fluctuating, inflation rising, and the naira devaluing at an alarming ...

Enter the Cross-Currency Interest Rate Swap (CCIRS)—a powerful tool that allows businesses to hedge against these uncertainties while aligning their liabilities with cash flows. While this ...

Net Forward Position= Bank of Thailand s forward obligations to buy (+) or sell;(-) foreign currency against Thai Baht A swap that involves the exchange of principal and interest in one currency ...

Currency swap agreements offer Nigeria a viable mechanism to mitigate foreign exchange pressures, ensure balance of payments, and ...

(Bloomberg) -- China’s money markets are betting the authorities will delay their anticipated monetary easing measures in order to support the beleaguered yuan. The country’s five-year ...

India's central bank announced on Monday a host of measures to inject liquidity into the banking system, including bond ...

where companies swap payments of interest rates between them. Another type of swap is the currency swap, which allows the parties to swap the principal and payments of fixed interest for a loan in ...

The Bank of Russia has changed the parameters of currency swaps. This is stated in the press service of the Central Bank. Since October 28, 2024, the regulator has set the following interest rates on ...

The RBI had announced open market operations (OMO) purchase auctions of government bonds aggregating ₹60,000 crore, Variable ...

Nigeria and China yesterday reached a preliminary agreement on the proposal to raise the subsisting $2 billion currency swap deal. President Bola Ahmed Tinubu initiated the discussion on scaling ...

China has pledged to strengthen financial ties with Nigeria by expanding the existing currency swap agreement and supporting the issuance of Panda Bonds, in a move expected to boost trade and ...