currency swap

US /ˈkɜːr.ən.si swɑːp/
UK /ˈkɜːr.ən.si swɑːp/
"currency swap" picture
1.

currency swap

an agreement between two parties to exchange principal and/or interest payments in one currency for equivalent payments in another currency

:
The company entered into a currency swap to hedge against exchange rate fluctuations.
L'azienda ha stipulato un currency swap per coprirsi dalle fluttuazioni dei tassi di cambio.
Currency swaps are commonly used in international finance.
I currency swap sono comunemente usati nella finanza internazionale.