currency swap
US /ˈkɜːr.ən.si swɑːp/
UK /ˈkɜːr.ən.si swɑːp/
1.
valutaswap
an agreement between two parties to exchange principal and/or interest payments in one currency for equivalent payments in another currency
:
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The company entered into a currency swap to hedge against exchange rate fluctuations.
Het bedrijf ging een valutaswap aan om zich in te dekken tegen wisselkoersschommelingen.
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Currency swaps are commonly used in international finance.
Valutaswaps worden vaak gebruikt in internationale financiering.