currency swap
US /ˈkɜːr.ən.si swɑːp/
UK /ˈkɜːr.ən.si swɑːp/
1.
货币互换
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.
该公司进行了一次货币互换，以对冲汇率波动。
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Currency swaps are commonly used in international finance.
货币互换在国际金融中普遍使用。