currency swap - traducción al español
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currency swap - traducción al español

FOREIGN-EXCHANGE AGREEMENT BETWEEN TWO INSTITUTIONS TO EXCHANGE ASPECTS OF A LOAN IN ONE CURRENCY FOR EQUIVALENT ASPECTS OF AN EQUAL IN NET PRESENT VALUE LOAN IN ANOTHER CURRENCY
Swap line; Currency-swap; Cross currency swap
  • A cashflows diagram of EUR <math>N</math> mm EUR/USD MTM XCS with initial EURUSD FX fixing of <math>f_0</math>.
  • A cashflows diagram of EUR100mm EUR/USD non-MTM XCS with initial EURUSD FX fixing of 1.200.

currency swap         
cambio de moneda (cambio mutuo de distintas monedas)
soft currency         
GLOBALLY TRADED CURRENCY THAT SERVES AS A RELIABLE AND STABLE STORE OF VALUE
Hard Currency; Hard currencies; Soft currency; Sound money; Safe-haven currency; Safe haven currency; Haven currency; Strong currency; Weak currency
Unidad monetaria que su tarifa de intercambio no es estable, moneda que su tasa de intercambio no es estable
international currency         
A CURRENCY THAT IS WIDELY USED INTERNATIONALLY
Single global currency; Global currency; International currency; Supranational currency; Supercurrency; World money
moneda internacional (unidad monetaria aceptada como medio de pago en muchos países)

Definición

Hard Currency
The currency of a nation which may be exchanged for that of another nation without restriction. Sometimes referred to as convertible currency. Hard currency countries typically have sizeable exchange reserves and surpluses in their balance of payments. See: Soft Currency

Wikipedia

Currency swap

In finance, a currency swap (more typically termed a cross-currency swap, XCS) is an interest rate derivative (IRD). In particular it is a linear IRD, and one of the most liquid benchmark products spanning multiple currencies simultaneously. It has pricing associations with interest rate swaps (IRSs), foreign exchange (FX) rates, and FX swaps (FXSs).

Ejemplos de uso de currency swap
1. The banks typically use currency swap operations during periods of liquidity shortage.
2. Currency Swap Rates Cut to 8% Reuters The Central Bank has lowered interest rates on currency swap operations to 8 percent from 10 percent, the bank said Thursday, taking another step to help banks pass smoothly through a difficult liquidity period.
3. The currency swap arrangements were on the top of the agenda for South Korea‘s President Lee Myung–bak, who met first with Japan‘s Prime Minister Taro Aso.
4. The combined risk, he said, might be of the order of 3 per cent, compared with 15–20 per cent on a cross–currency swap.
5. The two countries, both major exporters, agreed last month on a currency swap deal of around $20 billion, which involves trading exclusively in the two countries‘ currencies.