A currency swap refers to the simultaneous purchase and sale of a given amount of foreign exchange for two different value dates.
The forex market is a global decentralized marketplace for over-the-counter over-buying and selling of currencies. This marketplace determines foreign exchange rates for each forex. It consists of all factors of purchasing, promoting, and replacing currencies at modern-day or decided charges.
Forex, or forex, is the over-the-counter conversion of 1 USA's currency into. In a loose economy, a country's foreign money is valued according to legal guidelines of delivery and calls for it. In different phrases, a forex's value can be pegged to u.s. foreign exchange, including the U.S. dollar, or perhaps to a basket of currencies.
Forex (forex or FX) is buying and selling of 1 overseas cash for. as example, you will change over U.S. dollar for over euro.
learn more about the here foreign exchange here https://brainly.com/question/6675565
#SPJ4