Home > Terms > English, UK (UE) > swap arrangements
swap arrangements
Short-term reciprocal lines of credit between the Federal Reserve and 14 foreign centeral banks as well as the Bank for International Settlements. Through a swap transaction, the Federal Reserve can, in effect, borrow foreign currency in order to purchase dollars in the foreign exchange market. In doing so, the demand for dollars and the dollar's foreign exchange value are increased. Similarly, the Federal Reserve can temporarily provide dollars to foreign central banks through swap arrangments.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Jenna Talackova
A 23-year old who was born a man but went through gender reassignment surgery at the age of 19. She was a contestant for Miss Universe Canada until ...
Contributor
Featured blossaries
HalimRosyid
0
Terms
12
Blossaries
0
Followers
Famous Bands in Indonesia
Category: Entertainment 2 20 Terms
Browers Terms By Category
- Muscular(158)
- Brain(145)
- Human body(144)
- Developmental anatomy(72)
- Nervous system(57)
- Arteries(53)
Anatomy(873) Terms
- Nightclub terms(32)
- Bar terms(31)
Bars & nightclubs(63) Terms
- General astronomy(781)
- Astronaut(371)
- Planetary science(355)
- Moon(121)
- Comets(101)
- Mars(69)
Astronomy(1901) Terms
- Advertising(244)
- Event(2)
Marketing(246) Terms
- Journalism(537)
- Newspaper(79)
- Investigative journalism(44)