The spot purchase of a currency coupled with a simultaneous forward sale of the same currency is commonly known as a "currency swap." A currency swap involves two parties exchanging a specified amount of one currency for an equivalent amount of another currency at the spot exchange rate. At the same time, the parties also enter into a forward contract to reverse the initial exchange at a predetermined future date and exchange rate. This allows both parties to fulfill their immediate currency needs while simultaneously mitigating future exchange rate risk. Currency swaps are commonly used by multinational corporations, financial institutions, and investors to manage foreign exchange exposures, hedge currency risks, and facilitate international trade and investments.
The SEMICON India 2024 conference was inaugurated in which city?
BrahMos Aerospace was formed as a joint venture between Defence Research and Development Organisation (DRDO) of India and which other country?
In which Indian state is the Great Himalayan National Park located?
National Bravery Award is given every year by the Prime Minister of India on:
Hero MotoCorp has unveiled a new brand named, __________, for its electric vehicles.
Which of the following are the national and official language of India respectively?
Which Indian state enacted the 'Aparajita' anti-rape legislation amidst extensive political discussions?
____________ has tied up with the Reliance Jio Money for one click payment service.
How many chambers are present in the heart of a fish?
Name the media company that purchased the legendary studio of 21st Century Fox.
